In this savanna landscape, where a government driver’s fender-bender can lead to a dismissal if it costs the taxpayers a mere N$100 000, it seems the leaders of our country have been taking a nap while state-owned enterprises (SOEs) play havoc like mischievous children in a candy store. Picture this: A government official accidentally scraped...
WINDHOEK, Nov. 23 — Namibia’s Ministry of Finance and Public Enterprises (MFPE) announced Wednesday that all state-owned enterprises (SOEs) will be required to adopt a performance management system linking remuneration to performance starting in 2024, with the goal of enhancing accountability and fostering performance-driven governance. MFPE Minister Iipumbu Shiimi said in a statement that the...
The proposed new state-owned enterprise (SOE) ownership policy, based on Malaysia’s hybrid model, has received much backlash, with critics saying the government should focus on meritocracy when appointing parastatal heads and boards. This model was put on the table by former minister of public enterprises Leon Jooste and received Cabinet backing with the aim of...