Black Economic Empowerment Principles applied in the Road Fund Administration's Procurement Policy

The Road Fund Administration hereby pledges its support for the stated political and business intent to create a black economic empowerment (BEE) policy and the implementation thereof in the Namibian economic environment.

The RFA believes that it is an economic and social imperative to address the inequalities of the past, in order to ensure economic growth and the sustainability of the Namibian economy. The RFA believes that BEE is in integral driver for economic and social transformation in the Republic of Namibia, and therefore pledges to align its business with the intended national transformation agenda.

The RFA is committed to the creation and development of an enabling environment, for effective BEE within the broader environment in which it operates. The RFA believes in the important role of the small and medium enterprises in the Namibian economy and is committed to support the development of opportunities for the growing of the black SME sector.

The RFA reaffirms its commitment to contribute to the improvement and development of the quality of life of the Namibian community within the scope of its vision and mission. To achieve the objectives as stated in this policy, the RFA pledges its commitment and resources, within reasonable means, to the pursuit and accomplishment of the aims set out in this BEE policy.

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