NEW DEMANDS: A Parliamentary Standings Committee into defence has recommended war veterans receive 20% of the revenue of the Namibia's natural resources.
NEW DEMANDS: A Parliamentary Standings Committee into defence has recommended war veterans receive 20% of the revenue of the Namibia's natural resources.

Venaani labels recommendations as ‘absurd’

MPs want more benefits for war vets
A report that calls for the introduction of more benefits for war vets has been labelled as 'preposterous' by the leader of the official opposition.
Ogone Tlhage
Recommendations:

• 20% of dividends from natural resources

• Construct military school to discipline youth

• Promote intergenerational dialogue between youth and veterans

• Establish an investment company for war vets

Government should allocate 20% of dividends from natural resources to the War Veterans Fund for their development and sustainability, a parliamentary committee has recommended.

This recommendation is included in the parliamentary standing committee on foreign affairs, defence and security’s report titled 'Report on the benchmarking visit to its portfolio counterpart committee of the parliament of Zimbabwe.'

The committee is chaired by Swapo Party back bencher Leevi Katoma.

“The government should allocate 20% shares from all natural resource dividends to the war veterans fund for the development and sustainability of war veterans,” the report states.

Significant benefits

The committee also proposed the establishment of a veterans investment corporation to grow veterans' assets.

“This corporation would be entrusted with making investments to subsidise and grow the fund of veterans of the liberation struggle. It would also supplement fiscal resources for the improvement of the welfare of the veterans of the liberation struggle and their dependents,” the report said.

War veterans have been benefitting significantly over the years, with government having spent approximately N$4.2 billion on war veterans.

Currently, a total of 18 291 veterans are receiving a monthly subvention of N$2 200 and they qualify for funding for a project of N$170 000. The dependents of war veterans are also catered for by government.

Monument, school

With Namibia having been allocated a piece of land on the African Liberation Museum Site, the committee also recommended the construction of a monument in Zimbabwe to honour heroes of the liberation struggle.

They also called for the establishment of a national military school.

“Namibia, through the ministry of education, should embrace the opportunity to construct a monument in Zimbabwe in honour of the liberation struggle heroes and heroines on the allocated land at the African Liberation Museum site,” the report states.

The construction of a military school would help instil discipline among the youth, the committee suggests.

“The ministry of defence and veterans affairs should consider exploring the possibilities of establishing a national military school as a long-term project. This school would cater to the children of force members and civil servants, aiming to instil discipline and military consciousness in future generations."

‘Preposterous’

Motivating the need for the benchmarking exercise in Zimbabwe, committee chairperson Leevi Katoma said the country has excellent veteran projects in place that are worth emulating.

“They visited us last year. We have good cooperation. We heard they have good programmes. We felt it necessary to benchmark there and see what strategies they have,” he said.

Popular Democratic Movement leader McHenry Venaani called the proposal absurd, saying a sovereign wealth fund had already been created for the benefit of all Namibians.

“It is preposterous to believe certain categories of people must benefit from our natural resources. We have created a wealth fund that should create growth and redistribute wealth to every Namibian equally and fairly,” Venaani said.

Comments

Namibian Sun 2024-05-15

No comments have been left on this article

Please login to leave a comment

Premier League: Tottenham Hotspur 0 vs 2 Manchester City | Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal LaLiga: Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca | Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Katima Mulilo: 12° | 30° Rundu: 11° | 29° Eenhana: 14° | 31° Oshakati: 14° | 30° Ruacana: 14° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 12° | 25° Gobabis: 14° | 25° Henties Bay: 19° | 34° Wind speed: 27km/h, Wind direction: SE, Low tide: 03:18, High tide: 09:17, Low Tide: 15:19, High tide: 22:12 Swakopmund: 19° | 26° Wind speed: 20km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:15, Low Tide: 15:17, High tide: 22:10 Walvis Bay: 23° | 35° Wind speed: 25km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:14, Low Tide: 15:17, High tide: 22:09 Rehoboth: 13° | 26° Mariental: 16° | 28° Keetmanshoop: 19° | 28° Aranos: 15° | 28° Lüderitz: 20° | 36° Ariamsvlei: 19° | 31° Oranjemund: 16° | 29° Luanda: 24° | 28° Gaborone: 15° | 28° Lubumbashi: 11° | 27° Mbabane: 13° | 25° Maseru: 10° | 25° Antananarivo: 14° | 22° Lilongwe: 14° | 27° Maputo: 17° | 28° Windhoek: 12° | 25° Cape Town: 15° | 22° Durban: 17° | 25° Johannesburg: 15° | 24° Dar es Salaam: 23° | 31° Lusaka: 15° | 25° Harare: 12° | 25° Currency: GBP to NAD 23.13 | EUR to NAD 19.89 | CNY to NAD 2.54 | USD to NAD 18.36 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.03 | USD to AOA 834.06 | USD to BWP 13.56 | USD to EGP 46.83 | USD to KES 129.98 | USD to NGN 1498 | USD to ZAR 18.37 | USD to ZMW 25.6 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78632.56 Down -0.07% | Namibian Stock Exchange (NSX) Overall Index 1710.9 Down -2.52% | Casablanca Stock Exchange (CSE) MASI 13501.46 Down -0.29% | Egyptian Exchange (EGX) 30 Index 25339.77 Down -0.16% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 371.89/OZ UP +0.68% | Copper US$ 4.91/lb UP +0.61% | Zinc US$ 3 032.30/T UP 1.37% | Brent Crude Oil US$ 82.68/BBP DOWN -0.0059 | Platinum US$ 1 051.52/OZ UP +0.74% Sport results: Premier League: Tottenham Hotspur 0 vs 2 Manchester City | Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal LaLiga: Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca | Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 12° | 30° Rundu: 11° | 29° Eenhana: 14° | 31° Oshakati: 14° | 30° Ruacana: 14° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 12° | 25° Gobabis: 14° | 25° Henties Bay: 19° | 34° Wind speed: 27km/h, Wind direction: SE, Low tide: 03:18, High tide: 09:17, Low Tide: 15:19, High tide: 22:12 Swakopmund: 19° | 26° Wind speed: 20km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:15, Low Tide: 15:17, High tide: 22:10 Walvis Bay: 23° | 35° Wind speed: 25km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:14, Low Tide: 15:17, High tide: 22:09 Rehoboth: 13° | 26° Mariental: 16° | 28° Keetmanshoop: 19° | 28° Aranos: 15° | 28° Lüderitz: 20° | 36° Ariamsvlei: 19° | 31° Oranjemund: 16° | 29° Luanda: 24° | 28° Gaborone: 15° | 28° Lubumbashi: 11° | 27° Mbabane: 13° | 25° Maseru: 10° | 25° Antananarivo: 14° | 22° Lilongwe: 14° | 27° Maputo: 17° | 28° Windhoek: 12° | 25° Cape Town: 15° | 22° Durban: 17° | 25° Johannesburg: 15° | 24° Dar es Salaam: 23° | 31° Lusaka: 15° | 25° Harare: 12° | 25° Economic Indicators: Currency: GBP to NAD 23.13 | EUR to NAD 19.89 | CNY to NAD 2.54 | USD to NAD 18.36 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.03 | USD to AOA 834.06 | USD to BWP 13.56 | USD to EGP 46.83 | USD to KES 129.98 | USD to NGN 1498 | USD to ZAR 18.37 | USD to ZMW 25.6 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78632.56 Down -0.07% | Namibian Stock Exchange (NSX) Overall Index 1710.9 Down -2.52% | Casablanca Stock Exchange (CSE) MASI 13501.46 Down -0.29% | Egyptian Exchange (EGX) 30 Index 25339.77 Down -0.16% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 371.89/OZ UP +0.68% | Copper US$ 4.91/lb UP +0.61% | Zinc US$ 3 032.30/T UP 1.37% | Brent Crude Oil US$ 82.68/BBP DOWN -0.0059 | Platinum US$ 1 051.52/OZ UP +0.74%