Namibia: SOEs Must Shape Up or Ship Out – Swapo MP Amutenya

Swapo parliamentarian Willem Amutenya says state-owned enterprises (SOEs) must deliver on their mandate or stand aside.

Amutenya said this on Wednesday during a debate on the appropriation bill tabled by finance minister Ericah Shafudah on Tuesday.

Shafudah stated that the government recorded low execution rates of capital projections totalling N$826.4 million.

“It is high time we stop carrying underperforming SOEs that keep betraying the hopes of the people and unemployed youth.

“We must draw a…