Economic Empowerment in Namibia - discussions on NEEEF
The Law Reform and Development Commission had a consultative meeting in Windhoek on 4th August 2016. This is my contribution: I am a previously disadvantaged pe rson (PDP) as proposed under the New Equitable Economic Empowerment Framework in the current from of a draft bill. I qualify as such because I was defined as non-white by the apartheid regime. This was not a name I gave to myself. Some white business leaders act as if this legislation is not needed because after 26 years there is no more discrimination. I say to you that white owned business had 26 years to address the imbalances themselves, BUT, because they have not done so, Government is forced to make laws to address these economic imbalances created by our apartheid past. We cannot expect the new law to be voluntary. That has been the case for 26 years and look where that got us. We must make mandatory provisions for, - a. 25% PDP ownership; and b. 50% PDP Management for all business having more than 25 employe...