8 November 2017

Namibia: RCC Judicial Management Bill Approved

PUBLIC enterprises minister Leon Jooste yesterday said Cabinet had approved the Roads Contractor Company Judicial Management Bill, which will be tabled in parliament soon.

Jooste announced in September that the Cabinet committee on overall policy and priorities (Ccopp) would invoke a provision in the Companies Act 28 of 2004 which paves the way to place mismanaged entities under judicial management.

"Only the High Court can place a company under judicial management. We have, in fact, approved the bill in Cabinet today, and it will be tabled by the minister," he said.

In addition to this development, employees at the RCC have also complained about delayed salaries, with some only receiving their pay yesterday.

This would be around the fourth time this year that the RCC workers had to wait, for up to two weeks in some cases, for their salaries.

Acting chief executive officer Seth Herunga yesterday confirmed to The Namibian that the payment of workers only started yesterday.

Although he could not clarify why there was a delay, The Namibian understands that this was because the parastatal owes its bank money, and if any money meant for salaries is paid into that account, it would be swallowed up to service the debt.

"As explained to our staff yesterday, the delay in paying salaries was caused by unforeseeable events," said Herunga.

He added that staff members using Standard Bank were paid yesterday morning, while the rest were to get their salaries by midnight yesterday.


Nujoma Unhappy With King Elifas Court Case

Former President Sam Nujoma is unhappy with the decision by some dismissed headmen to bring King Kauluma Elifas to court… Read more »

See What Everyone is Watching

Copyright © 2017 The Namibian. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.