LPM demands SOEs end reliance on government bailouts
The Landless People's Movement is calling for state-owned enterprises to become financially independent and end their dependence on public funds, arguing that since 1999 most SOEs have underperformed and failed to innovate. LPM leaders attribute poor performance to politically motivated appointments and said limited public resources should instead address urgent socio-economic needs.
LPM's demand for SOE financial independence highlights accountability crisis in state enterprises draining public resources since 1999.
11 hours ago · The Namibian →