Tucna slams spending cuts
Tucna slams spending cuts

Tucna slams spending cuts

Mass meetings will be held soon by trade unions in Namibia regarding the “humiliation” of civil servants.
Ellanie Smit
Trade unions are planning mass meetings across the country to decide on a response to what they describe as the government's continued “humiliation” of public servants.

Trade Union Congress of Namibia (Tucna) secretary-general Mahongora Kavihuha claims that this year's budget speech is proof that the government does not listen to workers.

He has urged independent trade unions to engage all workers, especially those in the public sector, through mass meetings.

Kavihuha said the first of these meetings would take place in the Khomas Region next week.

The planned meetings will discuss the doubling of civil servants' medical aid fund contributions, among other things.

Tucna also objected to the classification of compensation for work rendered as “wasteful expenditure”.

Kavihuha said that included subsistence and travel allowances, “which were unilaterally terminated by the government”.

He said finance minister Calle Schlettwein did not even mention salary increases for civil servants in his budget speech.

“It means he did not give it a thought one way or the other,” the unionist claimed.

He said Tucna agreed with economists who described this year's budget as electioneering.

According to Kavihuha, billions of dollars will be spent on “ill-defined, unplanned grand projects” aimed at stimulating economic growth and reducing the budget deficit.

He said that was no different from the billions spent on mass-housing projects, the Neckartal Dam and numerous other “grand schemes that resulted in nothing”.

“How are we to be assured that these billions, like other billions before them, will not end up in the pockets of a few oligarchs, only to be syphoned off to some offshore tax haven in the Caribbean again?”

Kavihuha further said if the government really wanted to boost development that would improve people's lives, it should not spend money that the country doesn't have and then call it a development budget.

“In actual fact it is nothing short of a knee-jerk reaction in an election year meant to buy us votes that we incidentally already have anyway.”

He said wage-led growth was the way forward for Namibia, and not the “economic morass” that the country found itself in.

“We have noted a slight reduction in unemployment by 0.6%, however we have serious reservations about that reduction [based on] the contradiction between the preliminary national accounts and the 2018 Labour Force Survey.”

Kavihuha said the preliminary national accounts that were released on the same day as the Labour Force Survey clearly showed that both the secondary and tertiary industries had recorded declining growth rates, while the primary industries grew by 22%.

“The national accounts show an unequivocal report that the primary sector and water and electricity in the secondary sector performed better, however the employment performance contracted,” Kavihuha said.





ELLANIE SMIT

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Namibian Sun 2024-04-29

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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$ 2 345.57/OZ UP +0.32% | Copper US$ 4.63/lb UP +2.00% | Zinc US$ 2 965.80/T UP 0.07% | Brent Crude Oil US$ 88.22/BBP DOWN -0.0084 | Platinum US$ 953.34/OZ UP +4.36% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool LaLiga: Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 14° | 31° Rundu: 14° | 31° Eenhana: 15° | 33° Oshakati: 17° | 33° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 17° | 31° Windhoek: 14° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 24° Wind speed: 21km/h, Wind direction: W, Low tide: 12:27, High tide: 06:24, Low Tide: 01:00, High tide: 19:07 Swakopmund: 15° | 18° Wind speed: 13km/h, Wind direction: W, Low tide: 12:25, High tide: 06:22, Low Tide: 00:58, High tide: 19:05 Walvis Bay: 17° | 27° Wind speed: 22km/h, Wind direction: W, Low tide: 12:25, High tide: 06:21, Low Tide: 00:58, High tide: 19:04 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 23° | 33° Aranos: 20° | 31° Lüderitz: 18° | 28° Ariamsvlei: 22° | 34° Oranjemund: 17° | 26° Luanda: 25° | 30° Gaborone: 15° | 31° Lubumbashi: 11° | 25° Mbabane: 13° | 29° Maseru: 10° | 25° Antananarivo: 15° | 22° Lilongwe: 13° | 27° Maputo: 16° | 29° Windhoek: 14° | 28° Cape Town: 15° | 20° Durban: 19° | 32° Johannesburg: 16° | 25° Dar es Salaam: 24° | 31° Lusaka: 14° | 27° Harare: 11° | 26° Economic Indicators: Currency: GBP to NAD 23.37 | EUR to NAD 19.97 | CNY to NAD 2.57 | USD to NAD 18.63 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.78 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.8 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.63 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13373.9 Up +0.14% | Egyptian Exchange (EGX) 30 Index 26011.28 Up +5.57% | 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$ 2 345.57/OZ UP +0.32% | Copper US$ 4.63/lb UP +2.00% | Zinc US$ 2 965.80/T UP 0.07% | Brent Crude Oil US$ 88.22/BBP DOWN -0.0084 | Platinum US$ 953.34/OZ UP +4.36%