What is it about Namibia and Namibians? They are so different to us. They just want to get on with their lives and business and are willing to talk to each other in a constructive way to do this. I was invited to present a paper at a NEEEF conference in Windhoek a few weeks' […]
New Equitable Economic Empowerment Framework (NEEEF) conference 28 June 2017 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 »
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 »
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 »
