Namibia

TESEF fest? In other words Namibia’s BEE codes are coming

Ndaambe Haikali, a banker from Namibia, very kindly sent me a notice that is circulating on paper (not on the internet). It's called "Have your say on TESEF" and invites citizens to  submit comments before the 15th of July this year. They have committed to launching this programme sometime next year. The document makes for […]

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A few Namibian facts – not sure how accurate they are

This is taken from a letter sent to the Namibian, the writer chose to remain anonymous. I've extracted a few select facts. Namibia is now 20 years old. Black Broad Based Economic Empowerment (BBBEE) and affirmative action policies have only benefited relatively few, who are connected with little change for the masses. (Got to watch

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Government officials appointed as members of the Namibia Financial Sector Charter Council

Found this on the Republikein Online website. THE Namibian financial sector, in consultation with Government, has been engaged in sector-wide consultations for the past few years with the aim of formulating a Charter for the sector. It has been agreed that the Charter will apply to all financial institutions, except SMEs as defined in the

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Namibia’s mining charter mooted

This comes from a recent Namibia mining report that you can buy for $500 US.  Or you can read the summary here. In May 2009, there were fresh media reports that Namibia is thinking of following the lead of South Africa and introducing a mining charter, designed to increase black ownership of mineral assets. South

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Namibia’s BEE is getting closer – so they say

Namibian Mines and Energy Minister Erkki Nghimtina announced that Government was nearing completion of the long-awaited Transformational Economic and Social Empowerment Framework (TESEF) that would compel mining companies to empower communities within which they operate.Addressing an annual general meeting of the Chamber of Mines in Windhoek a fortnight ago, Nghimtina said TESEF would compel all

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