Land acquisition fund deemed unnecessary

The Public Accounts Committee is of the view that the Land Acquisition and Development Fund is a doubling-up of government functions and thus, unnecessary.

23 August 2019 | Agriculture

The Parliamentary Standing Committee on Public Accounts Committee questioned the existence of the Land Acquisition and Development Fund because government already has a finance system to purchase farms.

Addressing the management of the fund in Windhoek this week, the chairperson of the committee, Mike Kavekotora said there was no need for the fund because it is solely used to facilitate transactions for the government.

“There was no need for the establishment of the fund because it is a conduit through which funds are being channelled to acquire farms and bring them back to government,” he pointed out.

He raised a concern that salaries paid to staff members are an exorbitant amount within the fund's personnel expenses, under which the salaries are listed, at N$1.2 million and N$5.3 million in 2016 and 2017, respectively.

The deputy executive director Ndiyakupi Nghituwamate justified the fund's existence by reading out the Act that established it.

According to the Agricultural (Commercial) Land Reform Act 6 of 1995, the fund was established to facilitate the process of any person in connection with the lease of any land allotted in terms of this act, or the cancellation of any such lease, including the payment of compensation, interest and costs.

The fund received a disclaimer audit report for the 2016/17 financial year by the auditor-general meaning that they could not provide an opinion on the financials of the institution to gauge its performance.

Throughout the public hearing, the committee noted that the fund has clerical issues such as listing farms with wrong hectare values, valuation reports that were not handed to the auditors on time and not being able to present deeds of sale. The acting executive director, Ester Kaapanda, clarified that these errors have however been addressed after she read the auditor-general's report two weeks ago and measures were put in place.

The deeds of sale for farms purchased during the 2016/17 financial year, which amounted to N$13.8 million, could not be traced by concerned land reform ministry staff at the time of the audit and therefore could not be verified.

As a remedial action, Kaapanda said the sub-division within the land reform ministry is now not allowed to accept farm transfer requests without a copy of the deed of sale attached.


Similar News


Tough road ahead

1 day - 22 January 2020 | Agriculture

The disastrous drought in Namibia over the past seven years has forced livestock producers to significantly reduce their herds. They are now faced with cash...

Katima abattoir to start with test slaughtering

1 day - 22 January 2020 | Agriculture

ELLANIE SMIT The Katima Mulilo export abattoir is expected to commence with test slaughtering by the end of February, if repairs...

Oriental fruit flies in Zambezi

1 week ago - 15 January 2020 | Agriculture

Oriental fruit flies have been detected in the Zambezi Region, resulting in strict control measures being implemented on the import of mangoes from Zambia to...

No new timber may be harvested

1 week ago - 15 January 2020 | Agriculture

In an update on the timber operations in the Kavango West, Kavango East and Zambezi regions, the forestry ministry has emphasised that no new timber...

Cabinet defied on Amta procurement

1 week ago - 10 January 2020 | Agriculture

Only the military and police are procuring their consumables through the Agro-Marketing and Trading Agency (Amta) as per a 2014 cabinet directive that sought to...

Dam levels remain low despite good rains

2 weeks ago - 08 January 2020 | Agriculture

Some inflow over past weekThe latest dam bulletin indicates Namibia’s reservoir levels are at 18.2%, less than half of last season’s 41%.ELLANIE SMIT Despite good...

88 000 livestock die in a year

2 weeks ago - 07 January 2020 | Agriculture

Over 88 000 livestock deaths have been recorded from October 2018 to September 2019 as a result of the devastating drought in Namibia. Over 56%...

Silos run empty

2 weeks ago - 07 January 2020 | Agriculture

ELLANIE SMIT Most government silos stood empty by the end of last November, with stock at only 7.33% of the total holding capacity. The Agricultural...

Household food security worsens

2 weeks ago - 06 January 2020 | Agriculture

Household food security is expected to worsen, particularly in rural areas, according to a drought report released by the ministry of agriculture.This is despite the...

Agribank bites back

4 weeks ago - 24 December 2019 | Agriculture

Agribank says it is disappointed by what it sees as a scathing attack by the ancestral land commission. The commission recently complained to President...

Latest News

Fishrot bribery ring widens

7 hours ago | Crime

While the main accused in the Fishrot bribery scandal await a hearing date in the Supreme Court to challenge their incarceration, another hanger-on, who allegedly...

Learners sent home over broken...

7 hours ago | Education

The over 1 200 learners at Max Makushe Senior Secondary School in the Kavango East Region have been sent home until further notice because of...

Rich man, poor man

7 hours ago | Opinion

For African citizens, the debates and discussions by the elite in Davos seem like a world away.The World Economic Forum (WEF) hosts an annual meeting...

12.5m in SADC face hunger

7 hours ago | Disasters

The number of food insecure people in southern Africa is projected to peak at 12.5 million through March 2020, an increase of 15% compared to...

Parents fume over costly new...

7 hours ago | Education

Parents say the introduction of good-looking school uniforms does not guarantee an improvement in academic performance, behaviour or attendance.Last week, Namibian Sun caught up with...

A beacon of hope

7 hours ago | Education

The Tsintsabis Combined School's feeding programme has received resounding support from stakeholders since its implementation in 2004, acting principal Christalina Narubes said.During an interview at...

'Pay up Samherji'

7 hours ago | Short News

Popular Democratic Movement (PDM) leader McHenry Venaani says Icelandic fishing company Samherji should take responsibility for the thousands of Namibian fishermen who lost their jobs...

Former cop appears for internet...

7 hours ago | Crime

The Walvis Bay Magistrate's Court has denied bail to a 30-year-old former policeman who made his first appearance on charges of internet fraud on Tuesday.Ricardo...

Grand Prix series begins

7 hours ago | Sports

The first Athletics Namibia series event of the year is set to take place this Saturday at the Grootfontein Independence Stadium. The 2020 Grand...

Load More