{"id":22511,"date":"2022-06-16T10:18:52","date_gmt":"2022-06-16T10:18:52","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness"},"modified":"2022-06-16T10:58:37","modified_gmt":"2022-06-16T10:58:37","slug":"efficient-parastatals-to-enhance-competitiveness","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness","title":{"rendered":"Efficient parastatals to enhance competitiveness"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a massive figure, considering the country\u2019s gross domestic product is roughly N$160 billion. Out of this figure, 22 commercial public enterprises account for more than half of the total at about N$80 billion.<\/p>\n

During an exclusive interview with New Era, acting executive director (ED) in the public enterprises ministry Ndiitah Nghipondoka-Robiati stated that the efficiency of the country\u2019s public enterprises really does enhance Namibia\u2019s overall competitiveness.<\/p>\n

\u201cTo the degree that public enterprises become more efficient, they really do enhance the competitiveness of the country. That\u2019s what we want to do because we are competing in an inter-connected, highly- competitive world. If you don\u2019t do it, then someone else is going to find that niche in your country and make money out of you, and perpetually make you a consumer. That is why we want to ensure that our public enterprises really play that role,\u201d said Nghipondoka-Robiati. She added that increased competitiveness ensures new and applicable skill sets to the economy to become more business-savvy.<\/p>\n

The acting ED noted that the public enterprises ministry is one of the strongest pillars of the Namibian economy due to the value of its assets it can leverage on, and its ability to contribute to economic growth due to the assets under management.<\/p>\n

\u201cAs far as the competitiveness of the country to do business is concerned, the more our public enterprises are governed efficiently and operate efficiently is how we will become more competitive as a country, and then business is naturally going to thrive,\u201d said Nghipondoka-Robiati.<\/p>\n

She observed that the value of Namibia\u2019s public enterprises has reduced slightly due to the Covid-19 pandemic, mainly because of lockdowns and its associated restrictions, coupled with reduced economic activity.<\/p>\n

The official furthermore explained that Namibia actually has over 200 public enterprises. Some of these were created by legislation, but many are registered only as a proprietary limited (PTY Limited).<\/p>\n

Out of the 200 entities, only 74 are major public enterprises, 40 of which are non-commercial, 22 are commercial and 12 are financial extra-budgetary.<\/p>\n

\u201cMost of the value of our public enterprises lies in our 22 commercial entities, for obvious reasons. TransNamib with its asset base, NamPower with its asset base, Namport, Telecom, NPTH, and so on. This is significant, as the major economic activities of the State are carried out through these commercial public enterprises,\u201d the acting executive director continued.<\/p>\n

However, during Covid-19, the value of some public enterprises reduced.<\/p>\n

\u201cIf you look at the Namibia Airports Company, the liquidation of Air Namibia, the fact that Namibia Wildlife Resorts really struggled during lockdowns, you can see there was a little bit of a decline,\u201d said Nghipondoka-Robiati. She added that although an exact figure on the value lost by public enterprises was not readily available, the new financial monitoring system implemented will soon be able to provide an exact amount in this regard.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a massive figure, considering the country\u2019s gross domestic product is roughly N$160 billion. Out of this figure, 22 commercial public enterprises account for more than half of the total at about N$80 billion. During an […]<\/p>\n","protected":false},"author":84,"featured_media":22510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6,8,16],"tags":[234,236,233],"class_list":["post-22511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nEfficient parastatals to enhance competitiveness - Namibia<\/title>\n<meta name=\"description\" content=\"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Efficient parastatals to enhance competitiveness\" \/>\n<meta property=\"og:description\" content=\"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-16T10:18:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-16T10:58:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Efficient parastatals to enhance competitiveness\",\"datePublished\":\"2022-06-16T10:18:52+00:00\",\"dateModified\":\"2022-06-16T10:58:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\"},\"wordCount\":508,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"files\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\",\"name\":\"Efficient parastatals to enhance competitiveness - Namibia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg\",\"datePublished\":\"2022-06-16T10:18:52+00:00\",\"dateModified\":\"2022-06-16T10:58:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg\",\"width\":720,\"height\":480,\"caption\":\"Efficient parastatals to enhance competitiveness\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/namibia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Efficient parastatals to enhance competitiveness\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/\",\"name\":\"Namibia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Efficient parastatals to enhance competitiveness - Namibia","description":"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness","og_locale":"en_US","og_type":"article","og_title":"Efficient parastatals to enhance competitiveness","og_description":"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...","og_url":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness","og_site_name":"Namibia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-06-16T10:18:52+00:00","article_modified_time":"2022-06-16T10:58:37+00:00","og_image":[{"width":720,"height":480,"url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Efficient parastatals to enhance competitiveness","datePublished":"2022-06-16T10:18:52+00:00","dateModified":"2022-06-16T10:58:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness"},"wordCount":508,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg","keywords":["africa press","Africa Press-Namibia","namibia"],"articleSection":["all news","files","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness","url":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness","name":"Efficient parastatals to enhance competitiveness - Namibia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg","datePublished":"2022-06-16T10:18:52+00:00","dateModified":"2022-06-16T10:58:37+00:00","author":{"@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The overall value of all Namibia\u2019s public enterprises, including their assets, is approximately N$132 billion. This is a ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#primaryimage","url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg","contentUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/06\/postQueueImg_44.jpg","width":720,"height":480,"caption":"Efficient parastatals to enhance competitiveness"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/efficient-parastatals-to-enhance-competitiveness#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/namibia\/"},{"@type":"ListItem","position":2,"name":"Efficient parastatals to enhance competitiveness"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/namibia\/#website","url":"https:\/\/www.africa-press.net\/namibia\/","name":"Namibia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/22511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/comments?post=22511"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/22511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media\/22510"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media?parent=22511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/categories?post=22511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/tags?post=22511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}