14
Oct
Justicia Shipena Popular Democratic Movement (PDM) leader McHenry Venaani has warned that the proposed Public Enterprises Governance Amendment Bill threatens good governance, accountability, and investor confidence in Namibia. The warning follows the tabling of the bill by prime minister Elijah Ngurare in Parliament last week. The amendment seeks to revise the 2019 Public Enterprises Governance Act (PEGA) by centralising oversight of state-owned enterprises (SOEs) under the prime minister’s office. Under the proposed changes, the prime minister will gain broad authority over the appointment and removal of SOE board members and executives, as well as the approval of financial and strategic…
