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Team Namibia questions suitability of National Equitable Economic Empowerment Bill

Tuesday, 2. March 2021 - 11:46
Photo credits:
Team Namibia
Team Namibia has questioned the suitability of the National Equitable Economic Empowerment Bill (NEEEB) especially during the current economic crisis and has called for a proper assessment of the bill.
In a media statement issued on Monday, Team Namibia said the bill in its current form goes against the concept of unity and does more harm than good as it stops money from coming into the country and would mean fewer jobs created.
The bill in essence seeks to ensure that Namibia’s resources are shared equitably and in a sustainable fashion through the implementation of the National Equitable Economic Empowerment Framework (NEEEF). ....

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Louw responds to Fishrot affidavit

Louw responds to Fishrot affidavit

THE concept National Equitable Economic Empowerment Framework (NEEEF) bill was abused by players in the Fishrot corruption scandal to facilitate amongst others a vehicle for money laundering on an epic scale.

In an official response to the affidavit by lawyer, Marén de Klerk, that hit headlines and gave birth to a new debate on the Fishrot debacle, the Managing Director of Seaflower Pelagic Processing, Adriaan Louw lifted the lid on how he was duped into thinking that the deal between the Namibia Fishing Corporation (Fishcor) and African Selection Fishing Namibia (ASFN) was above board and for the benefit of the Namibian people. ....

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