Valuable lessons learnt from Tipeeg

13 September 2018 | Ekonomie
Post-Tipeeg, during which some N$11 billion was spent, government is a better position to select projects to drive economic growth and employment creation, finance minister Calle Schlettwein has said.

Speaking to journalists at State House on Monday, Schlettwein said government does not regret spending the billions on the Targeted Intervention Programme for Employment and Economic Growth, but better returns would have been great.

“I don’t regret spending Tipeeg funds but I wish Tipeeg had better returns. I wanted much better productive capacity out of that huge amount that we spent,” he said.

Another thing the minister would have loved to have seen is the creation of more jobs.

“I wanted much better employment figures. We haven’t seen any significant impact. We expected better returns. That was what we wanted but we didn’t get it,” he said.

Through Tipeeg, government intended to create 104 000 jobs over a three-year period, between 2011 and 2014.

The programme has been widely criticised for creating mainly short-term jobs, despite the huge budget. Media reports show that in the three years, Tipeeg created 83 000 jobs of which only 15 829 were permanent.

Focus shifted

Asked about the lessons learnt from Tipeeg, Schlettwein said the government is now in a better position when selecting projects.

“We have focused on the logistics hub which is a labour-intensive activity with all the services that are linked to logistics infrastructure,” he explained.

The minister continued: “We are concentrating on economic diversification and productive capacity improvement so that we also embrace artificial intelligence. We have to be aware that many routine jobs will be done by robots.”

To create more jobs, government has shifted its focus to service industries such as logistics, financial and engineering services to address unemployment, Schlettwein said.

“That’s where we believe the replacement will move into. Manufacturing is good, but it is an area that is most risk-prone for artificial intelligence and robotics,” he said. - Nampa

Soortgelyk

 

Regering staan bakhand vir 2% van Namibiërs se jáárlikse...

1 dag gelede | Regering

Denver Kisting – Die verwarring oor of die regering Namibiërs vra om 2% van een maand of een jaar se basiese salaris te skenk, is...

Making employees feel at home at Plastic Packaging

2 dae gelede | Mense

JONELL MALAN Human resource management is a function in organisations designed to maximise employee performance in the service of an employer’s strategic objectives. One empowers...

Duisende registreer vir e-taks

2 dae gelede | Ministeries

Elvira Hattingh - Altesaam 192 225 belastingopgawes is teen Dinsdag via die ministerie van finansies se nuwe aanlyn belastingdiens, die geïntegreerde belastingadministrasiestelsel (Itas), ontvang.Mnr. Tonateni...

Apollo 11-euforie só onthou

2 dae gelede | Tegnologie

Ronelle Rademeyer - Namibië se eie ruimteman, dr. Japie van Zyl, sê ’n getekende foto van die drie Apollo 11-ruimtevaarders, Neil Armstrong, Buzz Aldrin en...

Kalender 12 Julie

2 dae gelede | Kuns en vermaak

Nou aan die gang» Bottomless Coffee Band is ’n instrumentele, alternatiewe duo wat bestaan uit die getroude paartjie Lourens en Esté Rabé van Kaapstad, Suid-Afrika....

Weer vir 19 Julie 2019

2 dae gelede | Weer

BINNELAND: Sonnig en warm tot baie warm in die Noorde.KUS: Sonnig en matig tot warm.GETYE BY WALVISBAAI: H 04:47 L 10:41...

Nuwe begin vir vier wildehonde

2 dae gelede | Omgewing

Francoise Steynberg - Ná die tragiese skietvoorval in Februarie waarin drie wildehonde van die N/a’an ku sê-stigting en -wildreservaat glo deur personeel van die...

Just a click away

2 dae gelede | Gesondheid

Michelline Nawatises Organic Box is an online grocery shop specialising in selling organic vegetables, meat and dairy products, farm produce, and speciality homemade products.It was...

Rundu surveys new extensions

2 dae gelede | Plaaslik

The Rundu town council plans to survey two new extensions in the Tuhingireni informal settlement for N$ 1 million, according to the head of town...