Swapo grows assets while IPC battles deficit
Ruling party Swapo ended the 2025/26 financial year with more than N$7 million in assets and a surplus of nearly N$4 million. Meanwhile, official opposition party Independent Patriots for Change (IPC) is sitting with total liabilities of N$1.8 million and a deficit of N$777 217. The annual reports were published in local media this week. […] The post Swapo grows assets while IPC battles deficit appeared first on The Namibian .
Ruling party Swapo ended the 2025/26 financial year with more than N$7 million in assets and a surplus of nearly N$4 million.
Meanwhile, official opposition party Independent Patriots for Change (IPC) is sitting with total liabilities of N$1.8 million and a deficit of N$777 217.
The annual reports were published in local media this week.
Swapo’s financial report for the year ended 31 March shows the party recorded political funding income of N$107.7 million and earned an additional N$706 892 in finance income.
The party spent N$104.5 million on political funding activities. It recorded a surplus of N$3.9 million for the year, with total assets standing at N$7 million with no reported liabilities.
