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Inequality holds Namibia back… analysts call for major socio-economic intervention


Inequality holds Namibia back… analysts call for major socio-economic intervention  
2021-03-03 
A local labour expert has warned that without a fundamental change in Namibia’s social and economic architecture, the country will continue to see rising levels of inequality. 
This warning by Herbert Jauch is issued even though between 1990 and 2019 Namibia’s Human Development Index (HDI) increased by more than 11% from 0.581 to 0.646.  Despite this improvement, the UN report shows that Namibia remains one of the most unequal societies in the world where more than 50% of the population earn less than N$1 400 per month. “Socio-economic inequalities do not disappear simply because equal legal rights are introduced. This is clearly shown in Namibia where huge levels of inequality have been maintained since independence. The power imbalance in society has remained and therefore inequalities continue to reproduce themselves,” said Jauch in response to questio ....

Daan Strauss , Herbert Jauch , Edgar Brandt , Namibia Human Development Index , Air Namibia , National Equitable Economic Empowerment Bill , Namibia Employer Federation , Human Development Report , Human Development Index , Secretary General , டான் ஸ்ட்ராஸ் , ஹெர்பர்ட் ஜாச் , எட்கர் பிராண்ட் , நமீபியா மனிதன் வளர்ச்சி குறியீட்டு , அேக நமீபியா , தேசிய சமமான பொருளாதார அதிகாரம் ர சி து , நமீபியா முதலாளி கூட்டமைப்பு , மனிதன் வளர்ச்சி அறிக்கை , மனிதன் வளர்ச்சி குறியீட்டு , செயலாளர் ஜநரல் ,

Industry calls for economic impact analyses on NEEEB… proposed law described as 'vague and draconian'


Industry calls for economic impact analyses on NEEEB… proposed law described as ‘vague and draconian’
2021-03-03 
Adding its voice of concern to those of other industry and private-sector players, Team Namibia has called the latest National Equitable Economic Empowerment Bill (NEEEB) into question as an appropriate economic strategy, particularly given the current economic crisis the country faces, and thus called for a proper economic impact assessment of the proposed legislation. Team Namibia believes the document, which was first introduced in 2017, revised in 2019 and again in 2021, includes concepts which would stop money coming into the country which would result in fewer jobs.  ....

Van Niekerk , Pieter Van Niekerk , Team Namibia , National Equitable Economic Empowerment Bill , Economic Policy Research Association , President Geingob , One Namibia , One Nation , வேன் நிேகேர்க் , பீட்டர் வேன் நிேகேர்க் , அணி நமீபியா , தேசிய சமமான பொருளாதார அதிகாரம் ர சி து , பொருளாதார பாலிஸீ ஆராய்ச்சி சங்கம் , ஒன்று நமீபியா , ஒன்று தேசம் ,

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). ....

Saara Kuugongelwa Amadhila , Hage Geingob , Nangula Uaandja , Development Board , Team Namibia , National Equitable Economic Empowerment Framework , National Equitable Economic Empowerment Bill , One Namibia , One Nation , President Hage Geingob , Prime Minister Saara Kuugongelwa Amadhila , Namibian Investment Promotion , Namibia Broadcasting , Namibia Broadcasting Corporation , Radio Streaming , Online Advertising , Monika Kalondo , Namibian News , வளர்ச்சி பலகை , அணி நமீபியா , தேசிய சமமான பொருளாதார அதிகாரம் கட்டமைப்பு , தேசிய சமமான பொருளாதார அதிகாரம் ர சி து , ஒன்று நமீபியா , ஒன்று தேசம் , நமீபியா ஒளிபரப்பு , நமீபியா ஒளிபரப்பு நிறுவனம் ,