Views
2 months ago

New Era Newspaper Thursday April 12, 2018

  • Text
  • Namibia
  • April
  • Windhoek
  • Geingob
  • Tender
  • Mining
  • Kuna
  • Inmates
  • Corruption
  • Namibian

New Era Newspaper Thursday April 12,

Inside today Geingob spoke in a vibrancy that I missed - Iivula-Ithana Page 3 BoN leaves repo rate unchanged at 6.75% Sport is key to socioeconomic development – Geingob Page 9 Page 24 Vol. 23 No. 150 Windhoek Namibia Thursday, April 12 2018 NEEEF’s 25% clause bites the dust SONA 2018 in quotes On corruption In 2017, 60 cases have been investigated and handed over to the Prosecutor General by the Anti- Corruption Commission, with recommendation to prosecute.” On public procurement “The new Board has already adjudicated tenders in line with agreed upon thresholds. Eleven (11) cases of irregularities relating to the awarding of tenders were reported and are being investigated by the review panel and one (1) case is already in the Courts.” Staff Reporter Windhoek Government has succumbed to pressure and has surrendered a clause in the New Equitable Economic Empowerment Framework (NEEEF) draft bill that would have forced white businesses to sell a 25 percent stake to previously disadvantaged Namibians. But while that clause may be done away with, government is unrepentant on the Bill itself, which it has hailed as one of its breakthrough strategies for economic transformation. The Bill is so revered in government circles it was highlighted as one of government’s success stories in the past 12 months, as indicated in President Hage Geingob’s State of the Nation Address yesterday. The 25 percent equity clause bit the dust after emotions ran high particularly among the white business community, NEEEF on page 2 SONA 2018 in numbers 60 Corruption cases reported 11 Tender irregularities investigated 187 Equipment Aid Scheme N0m value of DBN investments in independent power producers N,3m Value of loans for 202 communal farmers 32,120 Number of students enrolment in vocational training 46,000 Number of students enrolled at universities 165,376 Number of people receiving old-age pension 39,245 Number of disability 344,055 Number of OVC receiving grants Where we stand… President Hage Geingob delivering the State of the Nation Address yesterday. Photo: Emmency Nuukala On economic transformation “Namibia faces the triple challenge of income disparities, high unemployment and the existence of pockets of poverty. Efforts to redistribute wealth meaningfully have been undertaken to yield transformation that can correct historical injustices.” On NEEEF Bill “In line with the philosophy of inclusive governance, nationwide consultations were undertaken and we have heard your concerns and considered your proposals. Outcomes from the NEEEF consultations were presented to Cabinet in February 2018, the Prime Minister will provide feedback to stakeholders, on the Cabinet decision in May 2018. The Bill will be tabled in Parliament before the end of 2018.” ON CORRUPtION on page 2 Areva EPZ status was not my idea – Geingob Staff Reporter Windhoek President Hage Geingob yesterday said contrary to perceptions emanating from international media reports, it was not his idea to grant EPZ status to embattled French nuclear power giant Areva. The President, under pressure from opposition benches in the National Assembly during yesterday’s State of the Nation Address (SONA), said he acted on recommendation of the ministry of mines and energy, then under the leadership of Minister Erkki Nghimtina. “The ministry of mines are the ones who pushed for EPZ status for Areva, which me with a recommendation that I approve the EPZ status, and I complied,” Geingob told parliament yesterday. Areva is embroiled in a damaging scandal involving its former executives, who are accused and charged of corruption and bribery related to how the company bought out Canada’s UraMin’s African assets, some of which were in Namibia. President Hage Geingob AREVA on page 2 New Era Newspaper @NewEraNewspaper #NewEraNewspaper appclassifieds/discover

New Era

New Era Newspaper Vol 22 No 167

Kundana

Kundana