Of our zig-zagging govt

Festus Nakatana
Government's pronouncement that it is unable to implement the Rent Control Ordinance of 1977, as well as the Estate Agents Act of 1976, as a way to contain the soaring rent prices in the country smacks of hypocrisy. A local pressure group has, rightly so, turned up the heat in its quest to have the issue of high rental costs addressed. However, industrialisation minister Tjekero Tweya argued last week government was unable to implement the rent ordinance since it was impractical to do so in its current form, saying the authorities were looking at addressing the issue through a yet to be tabled rent bill. This has not been well-received by the Affirmative Repositioning movement, which has criticised government for using archaic laws such as the Squatters Proclamation 21 of 1985 to demolish properties illegally erected by landless and poor Namibians. The AR is determined to force government to implement the Rent Control Ordinance of 1977, as well as the Estate Agents Act of 1976, which will result in the creation of rent control boards, as was the case before independence. These old-era rent control boards were deemed very effective, as they were consumer-driven and there was a willingness to actually listen to concerns raised by tenants. Sadly the current regime is zig-zagging on the issue and has seemingly adopted a non-caring attitude towards vulnerable Namibians, who are forced to spend a huge chunk of their salaries on paying rent in an already tough economic climate, where we have also seen young people struggling to get jobs. Our heartless leaders know too well that Namibians are priced out of the property market, due to runaway prices, and not even a married couple with a joint bond are able to get a decent place to call home. As highlighted in a recent study by the Institute of Public Policy Research (IPPR), government is clearly struggling to implement economic justice programmes even though they appear good on paper. Surely they can't be content with the status quo and watch with folded arms as fellow Namibians are tormented by merciless property owners.

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Namibian Sun 2024-05-06

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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$ 2 324.00/OZ UP +0.96% | Copper US$ 4.57/lb UP +0.94% | Zinc US$ 2 924.30/T UP -0.08% | Brent Crude Oil US$ 84.05/BBP UP +0.68% | Platinum US$ 956.68/OZ UP +0.08% Sport results: Premier League: Liverpool 4 vs 2 Tottenham Hotspur | Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth | Luton Town 1 vs 1 Everton LaLiga: Rayo Vallecano 0 vs 1 Almería | Sevilla 3 vs 0 Granada | Valencia 0 vs 1 Deportivo Alaves | Celta Vigo 3 vs 2 Villarreal | Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas | Getafe 0 vs 2 Athletic Club SerieA: Udinese 1 vs 1 Napoli | Salernitana 1 vs 2 Atalanta | AS Roma 1 vs 1 Juventus | AC Milan 3 vs 3 Genoa | Empoli 0 vs 0 Frosinone | Hellas Verona 2 vs 1 Fiorentina | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio | Torino 0 vs 0 Bologna European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 35° Rundu: 16° | 34° Eenhana: 14° | 34° Oshakati: 17° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 32° Otjiwarongo: 14° | 30° Omaruru: 15° | 32° Windhoek: 13° | 28° Gobabis: 16° | 29° Henties Bay: 13° | 19° Wind speed: 19km/h, Wind direction: S, Low tide: 08:09, High tide: 14:30, Low Tide: 20:18, High tide: 02:00 Swakopmund: 15° | 17° Wind speed: 20km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:28, Low Tide: 20:16, High tide: 02:00 Walvis Bay: 14° | 21° Wind speed: 25km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:27, Low Tide: 20:16, High tide: 02:00 Rehoboth: 15° | 29° Mariental: 16° | 31° Keetmanshoop: 17° | 31° Aranos: 18° | 31° Lüderitz: 13° | 22° Ariamsvlei: 17° | 34° Oranjemund: 12° | 20° Luanda: 25° | 29° Gaborone: 15° | 30° Lubumbashi: 16° | 27° Mbabane: 14° | 28° Maseru: 10° | 25° Antananarivo: 10° | 22° Lilongwe: 17° | 29° Maputo: 18° | 30° Windhoek: 13° | 28° Cape Town: 15° | 16° Durban: 18° | 29° Johannesburg: 16° | 25° Dar es Salaam: 22° | 30° Lusaka: 19° | 30° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.13 | EUR to NAD 19.86 | CNY to NAD 2.56 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.19 | USD to AOA 834.06 | USD to BWP 13.62 | USD to EGP 47.91 | USD to KES 133.98 | USD to NGN 1380 | USD to ZAR 18.45 | USD to ZMW 27.07 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76776.44 Up +0.46% | Namibian Stock Exchange (NSX) Overall Index 1698.71 Down -0.09% | Casablanca Stock Exchange (CSE) MASI 13362.48 Down -0.31% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +3.34% | Botswana Stock Exchange (BSE) DCI 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$ 2 324.00/OZ UP +0.96% | Copper US$ 4.57/lb UP +0.94% | Zinc US$ 2 924.30/T UP -0.08% | Brent Crude Oil US$ 84.05/BBP UP +0.68% | Platinum US$ 956.68/OZ UP +0.08%