Green scheme windfall for private sector
Green scheme windfall for private sector

Green scheme windfall for private sector

The projects earmarked to be offered to the private sector include the Katima/Liselo and Zone green schemes as well as the yet-to-be developed Neckartal green scheme.
Cindy Van Wyk
OGONE TLHAGE







WINDHOEK

Government is set to offer its green schemes to private-public partners as soon as it has concluded the closure of Agribusdev, a report in Namibian Sun’s possession indicates.

The parastatal’s acting managing direction Berfine Antindi last week informed employees of its pending closure in a memo following a decision made by the agriculture ministry.

Cabinet approved the outsourcing of the green schemes to private operators in line with the second phase of the Harambee Prosperity Plan.

The projects earmarked to be offered to the private sector include the Katima/Liselo and Zone green schemes as well as the yet-to-be developed Neckartal green scheme, the report noted.

Meanwhile, critics claim the move is aimed at benefitting well-connected individuals who have already lined up to take over the projects.

“Some farmers have already struck deals with officials in the ministry to hijack some of the projects. This is what this is all about and not performance as claimed. If government wants green schemes to work, they must make the necessary investment,” an Agribusdev insider said.

Recommendations

Among recommendations made to Cabinet was that the lease agreements provide for 25% shareholding by small-scale farmers operating from farm units at such schemes and that the operator build the requisite capacity of the small-scale farmers to progressively increase their shares in farm business to 100% by the end of the lease agreement to enable them to take over the full management of the entire scheme on expiry of the operator’s contract.

A recommendation also forwarded was that government-owned green schemes would be operated and managed as a separate business entity with a tailor-made business plan to be developed by the private sector entity who will be chosen to lease the scheme, coupled with a dedicated steering committee to oversee the management of each scheme.

The lease would be paid over to communal land boards.

The recommendations further outlined that an audit of all green schemes would be conducted.

Poor management

Last month, agriculture minister Calle Schlettwein made a 10-page submission to his colleagues in Cabinet outlining the reasons why Agribusdev should cease to exist less than a decade after it was created.

According to him, the parastatal is the reason why green schemes are underperforming, mainly due to its business model.

He listed poor management of the operations, assets and finances of the green schemes as well as a “restrictive” management model as the biggest challenges.

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Namibian Sun 2024-04-23

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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$ 2 322.46/OZ DOWN -0.005 | Copper US$ 4.41/lb DOWN -0.0123 | Zinc US$ 2 806.90/T DOWN -0.08% | Brent Crude Oil US$ 88.36/BBP UP +1.36% | Platinum US$ 909.22/OZ DOWN -0.0127 Sport results: Premier League: Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest | Wolves 0 vs 2 Arsenal | Luton Town 1 vs 5 Brentford | Sheffield United 1 vs 4 Burnley LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad | Girona 4 vs 1 Cadiz | Valencia 1 vs 2 Real Betis | Rayo Vallecano 2 vs 1 Osasuna | Celta Vigo 4 vs 1 Las Palmas SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce | Hellas Verona 1 vs 0 Udinese | Empoli 1 vs 0 Napoli European Championships Qualifying: Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion FA Cup: Coventry City 3 vs 3 Manchester United | Manchester City 1 vs 0 Chelsea English Championship: Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion Weather: Katima Mulilo: 15° | 36° Rundu: 15° | 35° Eenhana: 17° | 36° Oshakati: 18° | 35° Ruacana: 17° | 35° Tsumeb: 18° | 33° Otjiwarongo: 17° | 32° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 31° Henties Bay: 15° | 20° Wind speed: 23km/h, Wind direction: S, Low tide: 09:08, High tide: 03:09, Low Tide: 21:13, High tide: 15:31 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:07, Low Tide: 21:11, High tide: 15:29 Walvis Bay: 16° | 25° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:06, Low Tide: 21:11, High tide: 15:28 Rehoboth: 17° | 31° Mariental: 20° | 33° Keetmanshoop: 20° | 33° Aranos: 20° | 33° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 20° Luanda: 26° | 28° Gaborone: 20° | 32° Lubumbashi: 15° | 27° Mbabane: 16° | 25° Maseru: 12° | 26° Antananarivo: 16° | 27° Lilongwe: 16° | 29° Maputo: 20° | 29° Windhoek: 15° | 29° Cape Town: 16° | 22° Durban: 19° | 25° Johannesburg: 19° | 29° Dar es Salaam: 23° | 28° Lusaka: 17° | 30° Harare: 15° | 30° Economic Indicators: Currency: GBP to NAD 23.73 | EUR to NAD 20.44 | CNY to NAD 2.64 | USD to NAD 19.1 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.7 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.8 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48 | USD to KES 133.98 | USD to NGN 1230 | USD to ZAR 19.11 | USD to ZMW 25.96 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 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$ 2 322.46/OZ DOWN -0.005 | Copper US$ 4.41/lb DOWN -0.0123 | Zinc US$ 2 806.90/T DOWN -0.08% | Brent Crude Oil US$ 88.36/BBP UP +1.36% | Platinum US$ 909.22/OZ DOWN -0.0127