This document is still somewhat elusive. However the Namibian has offered the following: the primary purpose of the proposed policy is to promote equitable, inclusive and shared economic development, to narrow income disparities between rich and poor over the next 25 years – from 2011 to 2036. Not too different from TESEF, 25 years is […]
NEEEF – want to know more? So do I Read More »
WINDHOEK – The New Equitable Economic Empowerment Framework (NEEEF), Namibia’s new euphemism for black economic empowerment (BEE), has ruffled the feathers of the private sector. The private sector says there was no prior consultation on NEEEF and that the new plan lacks determination to address the root causes of economic inequalities in the country. via
Namibia: TESEF replaced by NEEEF Read More »
In the final analysis, it is not about a good law or procedures, but political will, maturity, tolerance, justice and fairness to conduct equitable and fair tender procedures. via www.informante.web.na Beautifully summarised in the last sentence. The same allegations we South African level at our politicians are being thrown at the Namibian elite. I don't
The Conundrum of Tender Politics – not specifically a Namibian issue Read More »
Did I mention that Windhoek is one of the nicer African cities? If I didn't then it is an incredible omission. I was last there about seven years ago and it has changed so much since then – huge buildings have gone up, there are malls and fantastic hotels. It still hasn't lost its old
TESEF and Windhoek Read More »
Obed de Swardt of BEE-Matrix and I are heading up to Namibia at the end of this month. We've set up a few meetings in Windhoek but would like to meet as many people as possible. If you are a reader of this blog and are available on the 29th and 30th, please send me
Windhoek trip at the end of the month Read More »
Namibia, has also started on the nationalisation course, causing a number of mining stocks on the Australian stock exchange to tank, and showing how contagious bad policy can be. via www.businessday.co.za Why they don't learn from each other I don't know. Cohen colours an interesting picture about Zim and how Morgan and his crowd might
Namibian mining from Tim Cohen Read More »
The most recent case of resource nationalism in Africa occurred last week in Namibia, the 4th biggest uranium producer in the world. Its ‘friendliest mining regime’ image evaporated on April 21 when the Minister for Mines in a budget speech in the National Assembly, somewhat out of the blue, stated that the Government’s mining company,
Govt pockets all rights to mine uranium (with my comments in italics) (the Namibian) CABINET has declared uranium, copper, gold, zinc and coal as strategic minerals to allow the State-owned Epangelo Mining Company “exclusive exploration and mining” rights, Mines and Energy Minister Isak Katali told Parliament yesterday. Katali said Cabinet recently approved a submission in this regard
the Namibian: Govt pockets all rights to mine uranium Read More »
SEVEN years after the Government ordered a black economic empowerment (BEE) policy for the country, Namibia is finally set to start implementing the Transformation and Empowerment Socio-economic Framework (Tesef) this year. According to the latest Medium Term Expenditure Framework (MTEF), tabled in Parliament by Finance Minister Saara Kuugongelwa-Amadhila last week, 25 per cent of Tesef
TESEF – Namibian Govt BEE policy implemented this year. Read More »
(Betcha you didn't know I could be this formal). I am writing to you, not as a citizen of Namiba, but as a keen observer of the South African broad-based black economic empowerment system. I have been eagerly awaiting the publication of the final TESEF document and would appreciate the opportunity to discuss a few
Caird’s letter to the Prime Minister of Namibia, HE Nahas Angula regarding TESEF Read More »
