New SOE governance bill aims to clarify accountability
The National Assembly has passed the Public Enterprises Governance Amendment Bill, which redistributes oversight of state-owned enterprises from a single minister to sector-specific ministers while giving the Prime Minister authority over board appointments, executive appointments, remuneration, strategic plans, budgets and investments. The reform is intended to create clearer accountability and remove confusion over responsibility when SOEs underperform.
6 hours ago · Windhoek Observer →