Rudolf Gaiseb
Marking their first year in the Legislature, at least 91 MPs have declared their assets and business interests as required by submitting their asset declarations so far, while others have not.
MPs are mandated to submit or update their declarations annually in accordance with Rule 67(4) of the Standing Rules, Orders and Internal Arrangements.
Failure to comply with this requirement constitutes a breach of parliamentary rules under Rule 69 of the Standing Rules, Orders and Internal Arrangements.
“In such cases, the matter may be referred to the Committee of Privileges, as provided for under Rule 70, which may recommend appropriate disciplinary measures, including a formal reprimand or a fine,” National Assembly spokesperson Sakeus Kadhikwa said.
Declarations
MPs hold shares and financial investments in various telecommunication, brewery and financial institutions, such as banks and lending companies in Namibia.
Among them are agriculture minister Inge Zaamwani who declared 5 446 shares in the FNB and 4 000 shares in Bank Windhoek.
Shares
She has 10% of the shares in a property and hospitality company called Tungeni Africa Investments and 10% of the shares in ZanTang Investment, a women’s empowerment consortium interested in hospitality and financial services.
She also has financial investments in Allan Grey Asset Management.
Zaamwani further declared three houses in Ludwigsdorp, Hochland Park and in Swakopmund.
The agriculture minister also wholly owns NuweRus Nina CC, portion 1 of Farm Maryland, in Khomas Rural.
She has a private pension with Sanlam Namibia.
Kapofi
Veteran politician and defence minister Frans Kapofi’s holds 299 488 ordinary shares in PSG Konsult, 21 shares in One Namibia Investment and 16 ordinary shares in Kula Investment Property.
Kapofi is the director of Western National Insurance and Mbashe Fishing.
He owns residential properties: one in Suiderhof, in Swakopmund and another in Ondangwa and the Gladiola Court flats in Khomasdal in Windhoek.
In addition, he declared a trust, the Guva Trust.
“No remuneration,” he further declared.
The diplomat
Diplomat Selma Ashipala-Musavyi declared ownership of 25% of the shares in Etupe Cooperation and 7.5% of the shares in First Capital and directorship and partnership with Tunseni, a holding company.
Finance Minister Ericah Shafudah, holds 4 835 shares in FNB.
She is also the founder of the Financial Management Foundation, a dormant entity.
A house in Pioneerspark and a 3-hectare plot she acquired for food production and a unit trust account.
ICT minister Emma Theofelus declared 480 shares in FNB, 360 shares in Namibia Breweries Limited and 100 shares in Letshego and owns a 770-square-metre residential home.
Mines and Energy deputy Gaudentia Kröhne owns two erven in Keetmanshoop.
Education minister Sanet Steenkamp owns shares in Standard Bank, two houses, one in Ondangwa and one in Rocky Crest, Windhoek.
Steenkamp’s deputy, Dino Ballotti owns a 51% partner in the SNDB Shatewa Investment CC, co-owns one house in Windhoek and wholly owns another.
Former journalist
Mines and Energy Minister Modestus Amutse declared affiliation with Evemo Enterprises CC, which is dormant.
He is also affiliated with Joshi Investments and Fremo Financial Accounting CC.
He owns an Erf in Oshikuku and communal land rights in the same place. Luvindao
Health minister Esperance Luvindao declared an entity she founded, the OSAAT Africa Health Foundation.
She provides consultancy services to the Debmarine staff through the Debmarine Telemedicine Consultancy.
But “I’m not involved in the day-to-day,” she indicated.
A 1-bedroom flat in Pioneerspark and a 2-bedroom flat in Swakopmund.
Nekundi
Works and transport minister Veikko Nekundi owns three houses at unspecified locations.
He owns land and 700 hectares of farmland.
Veteran
Former Cabinet minister Alpheus !Naruseb declared shares in MTC and holding 3.5% shares of Strategic Human Resource CC, a village house in Otjimbingwe, a plot in Usakos and a residential property in Hochland Park.
MP Willem Amutenya is a 50% shareholder in a general trading and supply company, named Witri PTY.
He wholly owns Nam Wi Trading CC, a general trading company, commonly known as Nam Wi Poultry Farm and a residential property in Ongwediva.
MP Fenny Nanyeni holds 272 shares in Sanlam, 600 shares in MTC and 2 598 shares in Letshego.
The businesswoman declared directorship and partnership to Nanyeni Investment and Jacko Trading CC.
About 10 business properties across the northern redions.
Residential property: three in Ondangwa and one each in Oniipa, Oshakati and Klein Kuppe, Windhoek.
Businessman
Meanwhile, parliamentarian John Likando declared Kakangala Safaris and Travel CC, 50% shares in Musialela Window Frames Manufacturing CC, 20% shares in Zambezi River Prestige PTY, and 12.4% shares in Zambezi Bukalo Fishing PTY.
Swapo MP Werner Iita holds owns 6 000 shares in MTC, 453 in FirstRand, 2 730 shares in Letshego, 200 shares in Namibia Breweries Limited, and 2 490 shares in Paratus.
He owns residential property in Ongwediva.
He is a pension beneficiary of the Retirement Fund for Local Authorities and Utility Services in Namibia.
He benefits from the Standard Bank Unit Trust.
Shiimi
Additionally, erstwhile finance minister Iipumbu Shiimi declared 6 million shares in a unit trust at Allan Grey Investment.
Six million shares in PSG in the form of government bonds.
Shiimi owns half of five properties across the country, including residential properties in Ongwediva, Walvis Bay and Windhoek.
Furthermore, MP Modestus Ashipara holds 20% of the shares in NamFi F.J. PTY, a fishing company.
He is a 100% shareholder in Ozodiac Trading Enterprises CC, Ozodiac Star Pension Hotel, and Ozodiac Farming and interests in Amanas Fishing. A house in Oshakati and a plot in Walvis Bay.

