The National Housing Enterprise (NHE) is a state-owned company of the Government of the Republic of Namibia under the Ministry of Urban and Rural Development Its accountability to the Ministry of Regional and Local Government, Housing and Rural Development was formalised by the NHE Act of 1993 (Act No 5 of 1993) as amended.

NHE derives its mandate from NHE Act No 5 of 1993. NHE strives to promote home-ownership by being a customer-driven institution that provides housing solutions in order to alleviate the national housing need.

NHE core business is providing housing needs to low and middle income inhabitants of Namibia and financing of housing for such inhabitants.

This involves:

– Land acquisition from Local Authorities/Municipalities and Town Councils

– Housing construction

– Provision of housing loans

Shareholders

The Government of the Republic of Namibia is the sole shareholder of NHE.

Shareholder Representation

The current Minister of Urban and Rural Development Honourable Sophia Shaningwa is the representative of the shareholder. Corporate Governance Statement The Board of Directors takes cognizance of the King II Report on corporate governance; therefore, the NHE is committed to the principles of good corporate governance. The Board of Directors recognizes the need to conduct the business of NHE in accordance with the NHE Act, Act No. 5 of 1993, as well as generally accepted accounting practices

To provide and finance affordable housing to low and medium income households as well as facilitating the partnering of stakeholders.

VISION

Affordable housing for every Namibian by 2030

VALUES

HUMAN TOUCH:

We are caring in our relationships, both in respect of our people, our customers and our stakeholders. We value and respect each other’s contributions.

OWNERSHIP:

Everyone takes responsibility. As a team, we all own the customer. Solution Driven: We create solutions to challenges. We are driven by continuous improvements.

QUALITY:

Nothing less than excellence in service and execution and being defect-free is acceptable