Partnerships in the water, energy and transportation sectors are being sought, according to finance minister Calle Schlettwein who recently shared the framework of the proposed public-private partnerships (PPP) at a recent stakeholder engagement hosted by Standard Bank and PwC.
Began Schlettwein: “Different line ministries and other public institutions in the country are working on developing a number of public-private partnership initiatives. These are in the core infrastructure sectors like energy, water and transport as well as social and economic sectors like housing, healthcare and tourism. A number of relevant and innovative projects are under consideration.”
Read more...President Dr Hage Geingob opens Investment Conference
08/11/2016
The two day International Investment Conference officially kicked off under the theme, 'Promoting Investment for Inclusive Growth and Industrialisation'. Government wants investments in housing, tourism, manufacturing, agriculture, energy transport and logistics.
The Sustainable Urban Transport Master Plan (‘Move Windhoek’), launched in November 2015, is the outcome of a partnership between the Namibian Ministry of Works and Transport, the City of Windhoek and the German Development Agency (GIZ) GmbH, working on behalf of the German Ministry for Economic Cooperation and Development (BMZ).
The Master Plan supports the development of a new and improved infrastructure, including provision for pedestrians and cyclists: local residents are already benefiting from around 18 km of new walkways and eight km of new cycle routes.
"Car-centred transport planning that does not adequately consider the needs of cyclists, pedestrians and local mobility is a major challenge to sustainable development in Windhoek and other cities in Namibia," says Heinrich Semar, GIZ Team Leader for the Move Windhoek project. The Master Plan therefore provides equal access for all transport users. It’s an innovative approach that has now won a major accolade – the Africa Grow with Public Transport Award for Integrated Mobility from the International Association of Public Transport (UITP). The project has also been showcased at the United Nations as a best practice roadmap for sustainable mobility in Africa.
A bus of the ''MoveWindhoek'' project (© GIC Africa) Move Windhoek has raised the general public’s awareness of integrated mobility and has inspired a rethinking of transport policy in Namibia. The country’s latest Transport White Paper defines a new framework for sustainable urban mobility throughout the country – and this is one of the project’s most significant achievements.
Further information: Habitat III
Budget review: new taxes and cuts loom large
New Era, October 28, 2016, by Desie Heita
Click here to read the Minister's full speech
Namibia has officially entered a period of belt-tightening – this time tighter than previously – while re-allocating funds and freezing a whole lot to restore stability and confidence in the economy.
The country’s projected earnings are weak, because Namibia would not be able to export and sell as many of its products as it did last year. And although the situation is not quite frightening as yet, it does require that Namibia review how the country spends what is in the kitty.
That means cutting expenditure and re-allocating funds to assist those whose purses would otherwise be hard-hit by slow and low economic growth.
Hence, the austere fiscal policy statement that Finance Minister Calle Schlettwein tabled in parliament yesterday cuts the operational budget by N$1,82 billion.
The cuts amount to N$634 million on personnel expenditure; N$528 million on travel allowances, material suppliers and transport; N$379,6 million on subsidies and current transfers, as well as N$278 million on the acquisition of capital assets.
The development budget was cut by N$2,7 billion, which weighs on future construction of office blocks and extensions.