Assets, Cash and Debt
Management (ACDM)

To ensure sound Asset Management and Control throughout Namibia, co-ordinate domestic and foreign loans, and manage guidelines on the issuing of Government guarantees while minimizing cost.

The Asset, Cash & Debt Management (ACDM) Directorate within the Ministry of Finance is responsible for the management of Government Assets and Debt stock. Effective management of National Assets and the Debt stock is critical to ensure that Government is not exposed to excessive fiscal risks.

The Directorate has two divisions: (a) Cash and Debt Management; and (b) Asset Management. The Cash and Debt Management division is responsible for structuring Government domestic and foreign borrowing; negotiations of terms and conditions for financing and on-lending agreements; assessment of Government guarantee applications; and minimizing the long-term cost of Government borrowing, consistent with an acceptable degree of risk.

The Divisional structure provides for a total of 12 posts. The Division of Asset Management is entrusted with a responsibility to manage and maintain strict and effective control of all moveable and immoveable State properties countrywide as well as those in foreign missions. It is composed of three main sub-divisions with a total staff complement of 23.

The three sub-divisions are:

• System Development
• Stock Control and Inspection
• Training