Governor Uerikua advocates inclusion of agriculture in Public Finance Management Bill


Otjozondjupa Region Governor James Uerikua is calling for the inclusion of the agricultural sector in the Public Finance Management Bill.

The governor made this call during a stakeholder consultation meeting with the Ministry of Finance and Public Enterprises on the bill. 

Namibia is said to be lagging behind compared to other African countries that have implemented several public finance management laws.

The proposed bill aims to replace the State Finance Act, which has been in operation for over three decades.

Call for fisheries law amendment amid fishrot scandal study launch


The Walvis Bay Rural Constituency Councillor believes corruption in the fishing industry will continue if the Fisheries and Marine Resources Act is not amended.

Tegako Donatus is adamant that the current fisheries law gave birth to the biggest corruption scandal in the country.

Donatus made the remarks at the launch of a study on the severe human impact of the fishrot scandal at Walvis Bay.

According to him, Namibians become too emotional when dealing with the scandal and have failed to address the root causes of corruption in the industry.

Rent control bill in process


The Ministry of Urban and Rural Development (MURD) says an elaborate process is underway before the Rent Control Board is tabled in the National Assembly.

In 2015, the Cabinet passed a resolution requiring the government to introduce measures to regulate the rental market with a view to preventing the current exploitation of tenants by landlords.

The Rent Control Bill, which is supposed to activate the Rent Control Board to address steep property rental prices, needs to be tabled in the National Assembly by the Ministry of Urban and Rural Development.

Namfisa CEO highlights regulatory challenges


The Chief Executive Officer of the Namibia Financial Institutions Supervisory Authority (Namfisa), Kenneth Matomola, has raised concerns regarding the current regulatory framework, saying it hampers Namfisa’s ability to fulfil its mandate.

During a briefing at the Government Information Centre (GIC) on Tuesday, Matomola said Namfisa is tasked with overseeing non-bank financial institutions, but outdated laws pose significant obstacles to achieving their objectives.

Sanitary materials already enacted - Caley


The Deputy Minister of Education, Arts, and Culture, Faustina Caley, is steadfast in her argument that there is no need for additional legislation concerning the provision of free sanitary materials to schoolgirls.

Caley was ready to provide reasons for her objection in the National Assembly on Wednesday, but the Speaker told her that she is under no obligation in terms of the rules of the house.

Her objection speech to PDM President McHenry Venaani's bill for the provision of sanitary pads to schoolgirls has now been distributed.

Extradition Amendment Bill passed


Namibia will be able to extradite individuals at the request of another state, even if their conviction was obtained in their absence.

This is, however, subject to the successful passage of the Extradition Amendment Bill.

The proposed amendment, as advocated for by the Minister of Justice, Yvonne Dausab, aims to address certain provisions in the existing Extradition Act and improve international cooperation on extradition matters.

Legislation to be reviewed to reflect globalisation - Lukas Muha


The Chairperson of the National Council, Lukas Sinimbo Muha, has stressed the need for legislation to be reviewed to reflect the shifting nature of the local and international financial markets.
He further said the country should move quickly to comply with and overcome the politics of the global monetary system.

Muha addressed the official opening of a legislative workshop for members of the Sixth National Council on financial and associated issues.

He says interdependency has advantages and disadvantages.