19
Dec
Allexer Namundjebo The Namibia Local Business Association (NALOBA) has accused NamWater of sidelining local companies in awarding a N$263.7 million water pipeline tender. In a press release, NALOBA spokesperson Marius Nangolo criticised the decision to award the tender to a Chinese firm, saying it undermines efforts to localise the economy. “The decision not only undermines efforts to localise our economy, but it also poses a serious threat to job creation and the retention of capital within our country,” Nangolo said. He further warned of the adverse effects of such decisions, explaining that diverting opportunities abroad results in capital outflows that…
