Paul Janisch

Namibia: Government Revisits Neeef to Make It Law

Windhoek — The Namibian Government has decided to revisit the New Equitable Economic Empowerment Framework (NEEEF) and to legislate it. This, according to Prime Minister Saara Kuugongelwa-Amadhila, is because government has realised that voluntary corporate social responsibility measures are not as effective as they should be.

"NEEEF consists of policies designed to restructure the private business sector through empowerment pillars that are aimed at addressing a variety of needs of the previously disadvantaged persons," said Kuugongelwa-Amadhila on Wednesday evening during the Old Mutual Foundation's 15th anniversary gala dinner.

via allafrica.com

 

The issue with NEEEF is that the policy as drafted doesn't have a procurement element.  

These empowerment pillars include ownership; management, control and employment equity; human resources and skills development; entrepreneurship development; marketing and access to finance; community investment; as well as technology and innovation.

Without procurement you don't have the glue that you need to make it work.  I discussed this after I chaired the first NEEEF conference a few years ago.

 

 

Section 217 in the spotlight

In her judgment‚ Judge Wendy Hughes said there had been a material dispute since 2012 as to whether the agreement was amended and extended to April 30 2015.

Ms Hughes said: "From the outset it is clear to me that Mahlalela did not adhere to section 217 (1) of the Constitution in that the extension agreement was not done in a fair‚ transparent‚ equitable and competitive and cost-effective manner.

"With regards to the cost-effective aspect‚ it is illustrated by (the Transport Department) that in the Mahlalela extension period‚ (Tasima) gained R2.5bn whilst the initial contract was for R355m inclusive of VAT."

via www.bdlive.co.za

If we are going to get rid of these rigged BEE codes it's going to come under section 217 and the PPPFA.  The designers of these codes know that you can't compete because you're not black (not that it matters that large amounts of your tax money is funding this plunder) and so have created an unfair and inequitable system.

Please do not fall for the now defunct adage - ours is not to question why, ours is but to do or die.  The Zuma government needs to be more than questioned, it needs to be removed. 

 

The more I read this stuff............Moronfest

n theory, the process of generating new legislation or updating regulations incorporates a number of measures intended to avoid the creation of bad law. In cases where there could be adverse economic consequences this process should involve careful assessment of the economic effect of the regulations or law under consideration.

It is now common cause that this is almost never done. The outcome is a policy and legislative debate that is so fractured it can only produce a bad decision or result in litigation. It does not always have to be this way.

via www.bdlive.co.za

The more I hate the ANC. Was it ever a great movement? Whatever gains it might have made in the first 90 years have been eroded, that word isn't strong enough, wiped out in the last 10 years. And the party for Zuma has only just begun. The man is a moron, he hires morons. It's a fucking moronfest!!!

Zungurisation part duh

Zungu said the reversal on BEE "will not go unchallenged by black business". The rule would have curbed fronting but, he said, "the minister responded to pressure somewhere".

via www.timeslive.co.za

This paragraph is preceded by

Sandile Zungu, a vice-president of the Black Business Council and an economic adviser to President Jacob Zuma, said he supported Comair's decision.  "Comair is correct in being cautious and guarded in doing any BEE deals, particularly around broad-based ownership and employee share schemes, until there is clarification from government," he said.

The irony of the first paragraph should not escape you.  This "responding to pressure somewhere" quote is beyond hysterical.  It's not unlikely that the insertion of the contested paragraph was as a result of pressure from somewhere else - that else possibly being people close to black business.  They've run all over Rob, created a new set of codes that are not implementable and exempted themselves from BEE in the process and there was barely any kickback.  When business actually does kick back then the BEE codes are there to prevent fronting.

Yes Sandile, I'll be sure to visit you at the firepool on the inaugural flight on GuptAir landing at Nkandla International