Namibia National Equitable, Economic Empowerment - Market Briefing
Market Briefing Overview:
- Introduction and Overview of the NEEEF Bill Namibia
- Legal and policy frameworks for Local Content in Namibia
- Legal considerations for international investors and/or foreign owned firms
- Transformation Charters, Economic Empowerment Targets and Empowerment Standards
- Implementation and sectoral charters timelines
- Charter and Pillar Scorecards and implementation priorities
- Financing mechanisms and incentives for empowerment deals
- Comparative Legal Aspects of NEEEF and South Africa’s Broad-based Black Economic Empowerment policy
- Compliance - regulatory, licensing and market mechanisms
- SME Development, capacity building and support mechanisms
- SME access to funding
- Preferential and local procurement and reporting standards, skills development, national training fund, CSR/CSI and shared value creation
- Non-compliance with NEEEF may have repercussions. Government can withdraw regulatory permission to continue doing business, e.g. in the form of non-renewal of licenses, etc. Government can exclude non-empowered bidders for state tenders in line with its policy of affirmative procurement.
- Business will be lost to competitors with better BEE credentials.
- Legislation can prescribe minimum BEE ownership levels and staff composition.
- NEEEF will impact foreign-owned businesses or multinational corporations, which usually have complex global ownership structures
AGENDA|
08h15
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Registration
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08h30 - 09h00
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Participants' introduction
Course Program
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09h00 - 10h45
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Session 1:
Overview of Namibia Market (Impact Factors)
• External environment
• Individual
• Organizational
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10h45 - 11h00
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Tea & Coffee Break
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11h00 - 12h30
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Session 2:
- Introduction and Overview of the NEEEF Bill Namibia
- Legal and policy frameworks for Local Content in Namibia
- Legal considerations for international investors and/or foreign owned firms
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12h30 – 13h30
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Lunch and Networking
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13h30 - 15h00
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Session 3:
- Transformation Charters, Economic Empowerment Targets and Empowerment Standards
- Implementation and sectoral charters timelines
- Charter and Pillar Scorecards and implementation priorities
- Preferential and local procurement and reporting standards, skills development, national training fund, CSR/CSI and shared value creation
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15h00 - 15h15
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Tea & Coffee Break
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15h15 - 16h00
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Session 4:
- Financing mechanisms and incentives for empowerment deals
- Comparative Legal Aspects of NEEEF and South Africa’s Broad-based Black Economic Empowerment policy
- Compliance - regulatory, licensing and market mechanisms
- SME Development, capacity building and support mechanisms
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16h00
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Close of Market Briefing
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Designed for:
Country Managers, Chief Executive Officers and Managing Directors
Heads of Procurement / Strategic Procurement
Directors of Supply Chain
Group Local Content Managers
Heads of Legal
Stakeholder Managers
Heads of Commercial and Strategy
Human Resources Managers / Directors
Corporate Compliance Managers / Directors
Contracting and Procurement Managers / Directors
Contracts & Legal Managers / Directors
CSR and Social Investment Managers / Directors
Heads of Investor Relations
Namibia National Equitable Economic Empowerment Bill - Draft
Download the draft bill here.
