Agribusdev ‘targeted’ probe to be finalised soon

30 March 2021 | Agriculture

Kenya Kambowe



RUNDU

Public enterprise minister Leon Jooste says the final report on the probe into the affairs of Agribusdev will be completed within the next two weeks.

Responding to a Namibian Sun enquiry yesterday, the minister said they’ve already received a draft report.

“The final document will be ready within two weeks and we will then consider the recommendations contained therein,” Jooste said.

The probe started last year after the suspension of former Agribusdev boss Petrus Uugwanga, who died after allegedly committing suicide.

The late Uugwanga and the board were involved in brutal fights since 2018, a situation which culminated in his suspension.

‘Targeted’ probe

Jooste gave an in-depth response in Parliament when asked about the probe, saying it was not only looking into the conduct of the late Uugwanga, adding that it was not a forensic audit but a targeted one.

“The investigation was not purely intended to look into the conduct of the managing director but rather to look into various potential governance, financial and operational deficiencies,” he said.

Jooste was also asked about the sustainability of Agribusdev, which has been surviving on government bailouts to pay it workers. To this, the minister said his ministry and its agriculture counterpart are in consultations to address the matter.

“…[We] are engaged in consultations to remodel the existing approach to the green scheme projects to enhance the effectiveness and to unlock the productive potential of these important opportunities,” Jooste said.

Salaries paid

When contacted for comment yesterday, Agribusdev acting managing director Berfine Antindi told Namibian Sun that all employees received their salaries for the month of March.

For the past two months, this publication has been reporting on how the organisation was unable to pay its employees on time.

Antindi further shared that there has been commitment from the line ministry to ensure that employee salaries are paid during the 2021/2022 financial year.

According to Jooste, they have applied for budget support for the agency.

[email protected]

Similar News

 

Index-based insurance could cushion farming troubles

3 days ago - 09 April 2021 | Agriculture

ELLANIE SMIT WINDHOEKAgriculture index-based insurance aims to cushion losses experienced from natural disasters such...

Agri production drops to 2016 levels

3 days ago - 09 April 2021 | Agriculture

ELLANIE SMIT WINDHOEKAgriculture production in Namibia dropped by more than N$1.1 billion last year, closely matching 2016 production levels.Data compiled by the...

Former public servant pursues full-time farming

5 days ago - 07 April 2021 | Agriculture

STAFF REPORTER WINDHOEK Hendrik Motinga quit his job as a labour inspector 10...

Poultry industry survives despite challenging 2020

5 days ago - 07 April 2021 | Agriculture

STAFF REPORTER WINDHOEKThe Covid-19 restrictions introduced last year caused egg purchases to fall; however, the sale of chicken performed well due...

Prospecting on farms worries NAU

5 days ago - 07 April 2021 | Agriculture

STAFF REPORTER WINDHOEKThe Namibia Agricultural Union (NAU) says there has been a...

1 389 cattle already imported from Botswana

5 days ago - 07 April 2021 | Agriculture

ELLANIE SMIT WINDHOEKNamibia has already imported 1 389 cattle - from a preliminary application of 1 904 - from Botswana for...

Agribank supports poultry producers

1 week ago - 30 March 2021 | Agriculture

STAFF REPORTER WINDHOEKAgribank provided financial support to the Poultry Producers Association of Namibia (PPA) to host a one-day annual meeting and information...

Farmers still have opportunities for growth

1 week ago - 30 March 2021 | Agriculture

ELLANIE SMIT WINDHOEKNamibian farmers still have an abundance of opportunities they can exploit to...

Agribusdev ‘targeted’ probe to be finalised soon

1 week ago - 30 March 2021 | Agriculture

Kenya Kambowe RUNDUPublic enterprise minister Leon Jooste says the final report on the probe into the affairs of Agribusdev will be...

Land purchases half of Agribank's loans

2 weeks ago - 29 March 2021 | Agriculture

ELLANIE SMITWINDHOEKOutstanding loans for land purchases represented nearly 50% of Agribank's loan book by last year.According to the bank, development finance increased from N$250 million...

Latest News

‘School uniform project at advanced...

15 hours ago | Business

Trade minister Lucia Iipumbu has said the local school uniform project aimed to embargo the importation of school uniforms is at an advanced stage and...

Economy in critical need of...

15 hours ago | Economics

PHILLEPUS UUSIKU – To ensure that Namibia’s economy gets back on track, it is of critical importance to aggressively spend on the health sector to...

Geingob tells Shanghala off

15 hours ago | Politics

JEMIMA BEUKES WINDHOEK President Hage Geingob on Saturday suggested that former justice minister...

Business struggles to recover from...

15 hours ago | Business

Ndalimpinga Iita - Despite economic revival efforts in Namibia, businesses operating in the country continue to struggle following disruptions due to the Covid-19 pandemic.For years,...

EDITORIAL

15 hours ago | Opinion

Affirmative Repositioning leader Job Amupanda and his cohorts in the social justice movement last week promised to up the tempo in their fight against corruption.Amupanda...

Angola woos Spanish investment

15 hours ago | Economics

Luanda - Angola's president João Lourenço has vowed to resolve the country's staggering debt in a bid to encourage business investment from Spain, as the...

Sacu coordination critical for AfCFTA

15 hours ago | Economics

The coordination of the Southern Africa Customs Union (Sacu) member countries in the implementation of the African Continental Free Trade Area (AfCFTA) agreement is critical...

Outjo’s water arrears run into...

15 hours ago | Economics

More than 3 000 residents and businesses owe the Outjo municipality in excess of N$33 million and the local authority will today cut the water...

Three die in car crash...

15 hours ago | Accidents

NAMPA OKAKARARAThree men died instantly on Saturday after the sedan they were travelling in overturned and crashed into a concrete wall...

Load More