WINDHOEK, Feb 28 (NNN-NAMPA) -- Namibian President Hage Geingob has criticised certain quarter in the country who have made it their mission to "prove" that certain provisions of the government's proposed New Equitable Economic Empowerment Framework (NEEEF) Bill are unconstitutional.
"Our republic is founded on the rule of law. I must, however, express my disappointment with the way we approach the deep-seated predicament our country is faced with -- shocking income and wealth inequalities," he said here Tuesday when ppening a workshop on the NEEEF for members of the Cabinet at State House.
Describing the current situation as unsustainable, Geingob also said that progress in achieving employment equity in the private sector was slow and does not seem to achieve the desired results.
According to the Employment Equity Commission's annual report for 2015/16, previously disadvantaged men occupied 29 per cent of executive director positions, with previously advantaged men dominating these positions at 49 per cent.
"Yet, this component of our population accounts for less than 10 per cent of the total population," he noted.
Previously, advantaged women occupy 9.0 per cent of these positions, while non-Namibians occupy 13 per cent.
It is against this unpleasant background that the equitable economic empowerment framework was initiated, noted the Head of State, who added that consultations on the framework and the Bill were held far and wide, and expressed his appreciation to those who took time to participate, express their opinions and made representations.
The aim of the workshop was to gain insight from the Prime Minister about the evolution of the Bill and to consider major concerns expressed by the public.
"We should not stall the momentum, but leave this workshop having shared excellent ideas and provided urgent answers to the critical questions raised," Geingob said, adding that he expects that the Bill should be tabled in Parliament this year.
Geingob further emphasized that the NEEEF must be seen as an essential policy tool to correct the historical racial and gender inequalities in the distribution of economic opportunities, access to wealth, income, assets, capital, skills and employment. -- NNN-NAMPA
Source: NAM News Network