Government says it plans to raise between N$500 and N$600 million through the proposed once-off 2 percent national voluntary contribution by all Namibians in order to mitigate the effects of the drought that is currently ravaging large parts of the country. 

Government bans imports

Government has with immediate effect banned all public entities from procuring selected goods and services from foreign sources and companies in a move aimed at enabling local participation in the economy and enhancing domestic productive capacity.

Govt oscillates on desalination plant

Government is still to decide whether to build a new desalination plant at the coast or buy the existing one owned by Orano, the newly-appointed NamWater CEO, Abraham Nehemia, told the Windhoek Observer this week.

Govt spends N$100m on idle RCC employees

Government has spent close to N$100 million for the past 13 months on Roads Contractor Company’s (RCC) employees who remain idle while management looks for ways in which the company can become fully operational.

Government has failed the fine arts industry

Wire sculptor and visual artist, Engelhald Rooisanasie (39) said that government has failed the fine arts industry in Namibia. 
The Construction Industries Federation of Namibia (CIF) has asserted that the N$20 billion to be injected into the local economy through loans from the African Development Bank and China will not stimulate the economy as envisaged by the government.

Govt identifies 3000 unnecessary positions

Government has identified a total of 3,000 redundant positions in the public service, the Director of Inter-Governmental Coordination, Mateus Kaholongo, has said.
Government can help the country’s metal and fabrication industry expand through the provision of preferential tenders on national construction projects,

Government bond interest payments rise

The downgrading of Namibia’s credit rating by rating agencies and the slowdown in the economy, has led to government paying more interest on bonds issued, an analyst has said.

Government sees more value in PPPs

Government plans to implement around 20 large scale projects through Public Private Partnerships (PPP), John Steytler, Economic Advisor in the Office of the Presidency, said in a recent interview.
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WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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