The report suggests that turning these figures around will depend on the three Es – education, entrepreneurship, and economic growth – the only way in which real empowerment can occur, particularly for those who were disadvantaged by the racial policies of the past. Future progress may therefore come to depend less on racial policies such […]
Racial transformation not ‘complete failure` – SAIRR Read More »
This is the first major New Equitable Economic Empowerment Framework (NEEEF) conference is happening in Windhoek next month. There are some really good speakers at the conference including a few people that I know quite well. I'm hoping my good friend Gerhardus makes it as a speaker too. The dates are Date: 25 & 26 September 2013
NEEEF Conference in Windhoek in September Read More »
Namibia's new proposed black economic empowerment policy, the New Equitable Economic Empowerment Framework (NEEEF), is too close to the South African model which was "widely perceived to have failed", Dawe said. Talks with Prime Minister Nahas Angula have shown that his position "is flexible on condition that our [chamber] members honestly embraced the NEEEF principles
Namibia: Govt Can ‘Make or Break’ New Mining Projects (NEEEF content) Read More »
It's quite hard to extract the document from the Prime Minister's website so I have posted it here. It doesn't look all that different to the earlier one I saw. The designated group is described as “Previously disadvantaged” which means victims of Apartheid policies. Again they've stuck to mandatory elements. Companies tendering for Government and SOE
NEEEF has been published – probably in draft form Read More »
He (Namibian Prime Minister Nahas Angula) asked for N$1,2 million for the final formalisation of the New Equitable Economic Empowerment Framework (Neeef) legislation, which is considered as the new broad-based voluntary business practice envisaged to bring about a more equitable economy and balance of ownership from 2011 to 2036. Once in place, the Neeef law will
Nope this is not South Africa. It's Namibia – startlingly similar to our local politicians. As to the merits of the argument, I can't comment on that. However when it comes to South Africa there is more than enough evidence to show that the public school system is so poor that the argument that those
Affirmative action dragging heels, says watchdog Read More »
Sometimes I wonder whether my pleas for information ever reach an audience; every now and then I am pleasantly surprised. A concerned reader has forwarded the New Equitable Economic Empowerment Framework (NEEEF) onto me (thank you reader). It is a very sparse document – running into 23 odd pages, written in a generous font with
NEEEF in detail – a generous reader donates Read More »
Not only is the private sector unhappy about not being consulted, but is equally not satisfied with the actual content, saying NEEEF does not go deeper to address inequities, unemployment and poverty as well as having the economy in the hands of the minority. Hangala, very outspokenly, said NEEEF comes at a crucial time when
Namibia: Private Sector Unhappy With New Equitable Economic Empowerment Framework Read More »
Slowly the pieces of the NEEEF puzzle are coming together. There is still no sight of the official document but this will come in time. The pieces come from various articles from Namibian publications. What is very apparent though is that it is more than a little similar to our own broad based BEE, a
Piecing NEEF together Read More »
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 »
