Uanguta seconded to Namra
Uanguta seconded to Namra

Uanguta seconded to Namra

The finance ministry is finding it difficult to find a suitable candidate to head its new tax agency on a full-time basis.
Ogone Tlhage
Bank of Namibia (BoN) deputy governor Ebson Uanguta has been appointed to serve as the temporary CEO of the soon-to-be established Namibia Revenue Agency (Namra).

This comes as treasury found it hard to appoint a suitable full-time candidate to head the new agency, finance ministry Calle Schlettwein said this week.

The ministry had initially committed to appointing a CEO by August 2018.

An external recruitment firm had been appointed last year to assist the ministry to appoint a CEO, but even that exercise failed to yield a suitable candidate, with Schlettwein pointing out the candidates that had been shortlisted “did not cross the finish line”.

Explaining the delay, Schlettwein said government exercised caution to ensure that the preferred candidate would not to be perceived as a political appointment.

“The approach we had, we anticipated the perception that there would be political interference. We appointed an external recruitment firm. We distanced ourselves from the process to have the best shot at appointing a CEO on merit,” said Schlettwein.

“Names were shortlisted, it's true, but none of those who were shortlisted crossed the line to be fully accepted,” he added.

The entire process to appoint a new CEO would now have to be restarted, with the assistance of Uanguta and the Namra board, explained Schlettwein.

According to previous reports, three candidates had been shortlisted to head the new tax agency, including inland revenue commissioner Justus Mwafongwe, former Namibia Competition Commission (NaCC) CEO Mihe Gaomab II and PwC tax leader Chantell Husselmann. Uanguta started his career at the now defunct Namibia Economic Policy Research Unit as a research assistant in 1996. In the mid-2000s, he joined the central bank as an economist and moved through the ranks to become its director of research. He then moved to the International Monetary Fund (IMF) in Washington DC, where he served as an advisor to the executive director for the Africa Group 1 Constituency.

He returned to the country's apex bank in January 2002 to serve as deputy governor, a post he still holds. He holds a Master of Science (MSc) degree in economics from Addis Ababa University and a Bachelor of Economics (BEc) degree from the University of Namibia (Unam). He has also completed a senior management education programme at the University of Stellenbosch's Graduate Business School and was a senior fellow at the Harvard Kennedy School of Government, according to his LinkedIn account. Uanguta describes himself as a central banker with more than 18 years of professional experience.

When approached for comment regarding Uanguta's absence from the central bank, it expressed no worry with Uanguta's appointed reasoning that it was only a temporary move. “Rest assured that this temporary arrangement will not, in any way, impact the operations of the bank. In the meantime, the executive leadership and staff of the bank shall continue to assist the governor in the execution of the mandate of the central bank as usual,” the bank said.

OGONE TLHAGE

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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$ 2 332.95/OZ DOWN -0.0022 | Copper US$ 4.59/lb UP +0.99% | Zinc US$ 2 917.90/T UP 2.09% | Brent Crude Oil US$ 88.55/BBP DOWN -0.0046 | Platinum US$ 935.97/OZ UP +2.46% 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 20 | CNY to NAD 2.58 | USD to NAD 18.69 | 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 133.88 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.69 | 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 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 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$ 2 332.95/OZ DOWN -0.0022 | Copper US$ 4.59/lb UP +0.99% | Zinc US$ 2 917.90/T UP 2.09% | Brent Crude Oil US$ 88.55/BBP DOWN -0.0046 | Platinum US$ 935.97/OZ UP +2.46%