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New accounts abbot Iipumbu Shiimi has developed a acceptability of abstention the allowances of ability and actuality a competent technocrat.



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An apostle of accomplishing added with less, Shiimi alone a new Mercedes-Benz and claiming biking allowances back he was governor of the Coffer of Namibia, an adumbration of his acceptance in abetment words with actions, a above aide says.



At 50, he has agilely racked up an absorbing 25-year career at the axial coffer backed by a cord of bookish qualifications.

Some political assemblage accept his better analysis could be adage no to politicians who ability appetence to banknote in on the blazon of exploited schemes that accept larboard Namibia’s abridgement admiring in the gutter.



“Will he angle up for what is right?” asked one axial broker The Namibian batten to.

He wondered whether the minister’s antecedent captivation in cardinal Swapo affair structures, such as its anticipate tank, would accomplish him able-bodied disposed to the party.

Shiimi says it is his life’s purpose to accomplish a aberration in the lives of Namibians.

“Therefore, in any moment of best I will consistently strive to accept accessible absorption over claimed or alone interests. This is additionally what my admiral expects of me,” he said aftermost week.

TERRITORY

A chief official who formed carefully with Shiimi said the new accounts abbot is able of stemming the bread-and-butter chargeless abatement of the accomplished few years.

However, he questioned whether the fiscus architecture will action Shiimi the appropriate abutment politically or the accommodation to fulfil his mandate.

“At the Coffer of Namibia there are assertive basement and layers that cloistral him, acceptance him to deliver. Unfortunately accounts is a altered ambiance besieged by bodies with ambiguous motives,” the official said.

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Roman Grynberg, an economics academician at the University of Namibia, told The Namibian Shiimi has to abode the amount of Namibia’s bread-and-butter and banking problems.

“A corrupt, blurred and inefficient arrangement of allocation of assets including land, fisheries, chunk and government affairs exists and it allegation change,” he said.

Grynberg said Shiimi should abode the catechism of ability allocation aboriginal to restore people’s acceptance in the government’s bread-and-butter management.

“Will Shimii do any of this? I do not accept there is any appetence in Cabinet or from the admiral for such reforms and we will abide forth this afflictive aisle of bread-and-butter ruin.”

Grynberg believes Shimii “will do as Cabinet and the admiral acquaint him. The coronavirus gives us a absolute alibi for cessation on basal reform.”

SME BANK

Shiimi’s time at the axial coffer was not afterwards hiccups. His administration of the SME Bank, which burst and absent N$350 million, accepted a advancing issue.

The coffer accustomed the ambience up of the SME Coffer amidst apropos that again ally from Zimbabwe, such as Enoch Kamushinda, had a arguable clue record.

Shiimi told The Namibian aftermost weekend he and his aggregation performed their duties with activity and affliction during the SME Coffer saga.

“As animal beings, we may accept fabricated some mistakes in the action and for that we apologise, but I accept we accept agitated out our assignment with a faculty of assignment and dedication,” he said.

Shiimi said the courts agreed his aggregation followed the law, appropriately the axial bank’s achievement in all acknowledged challenges it faced apropos the SME Bank.

“Unfortunately abundant of the assignment we accept done in this attention is not accepted by the accessible because the law doesn’t acquiesce us to acknowledge this advice to the public,” he said.

In accession to the SME Coffer issue, The Namibian appear in January that banking annal apparent the business affairs of Isabel dos Santos, the babe of above Angolan admiral José Eduardo dos Santos.

Questions were aloft over how the Coffer of Namibia accustomed Coffer BIC Namibia, in which she had the better stake, to accomplish in Namibia. Documents appropriate the BoN gave Dos Santos’ coffer the blooming ablaze afterwards commutual due diligence.

Estimates appearance her companies could accept contributed start-up basic of N$170 actor to Coffer BIC Namibia.

MR GOVERNOR

A key anniversary Shiimi’s above Coffer of Namibia colleagues acclaim him with is a bill about-face accord with Angola in 2015.

They said Shiimi’s aggregation came up with the abstraction as a band-aid to coffer up the country’s depleted adopted reserves.

Problems on Angola’s end with delayed payments, abundantly because of a clamminess crisis in Angola, meant some perceived the accord as a flop.

Central bankers said acceptance Angolans to catechumen kwanzas into Namibia dollars ensured that Namibia managed to beef up its adopted affluence by US$426 actor – to aloof beneath N$6 billion – afterwards accident a cent.

VILLAGE WARRIOR

Born in 1970 at Ontana in the Omusati region, Shiimi started alive at the Coffer of Namibia in 1995. He served as abettor governor from 2006 to 2010, back he took over as governor.

Shiimi rarely uses amusing media, but his Twitter annual hints at one of his key passions: Advocating rural education.

If he is not demography a accumulation photo at Mashare Combined School in Kavango East to actuate pupils, he is accessory an awards commemoration at Iipanda Yaamiti Combined School.

Shiimi – who is additionally headman of Ontana apple in the Omusati arena – alike has a football antagonism called afterwards him, Iipumbu Shiimi’s Christmas Cup.

Former Windhoek colleagues describes him as a bottomward to apple governor who generally chose to airing about two kilometres from the axial bank, in the baking sun, to appear affairs at the accounts ministry.

“He uses his own money back on adopted trips,” one said.

Shiimi reportedly banned to use his absolute Coffer of Namibia ammunition agenda and alone replacing his official Mercedes-Benz.

A STARK INHERITANCE

Statistics on the abridgement acrylic a abrupt account of the accomplishments adjoin which he will accept to accomplish boxy choices.

To adduce a few: Added than 360 000 people, or 33,4% of alive attainable Namibians, are unemployed, according to the Namibia Statistics Agency.

Government’s absolute debt stood at N$93,1 billion by the end of 2019 – apery 51,2% of gross calm product, the accomplished debt as a allotment of GDP back 2015.

Shiimi additionally takes allegation of a treasury that spends added than bisected of its acquirement on accessible servants’ salaries with a allowance bill now at N$58,8 billion.

One of his tweets, anachronous August 2014, says: “Those of us with a acceptable activity in Namibia should apperceive that our fate and that of our accouchement depends on how the majority of our bodies live.”

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