29
Jul
Niël Terblanché The Namdia board of directors has acknowledged the employees' concerns over revenue losses amounting to approximately N$230 million, leading to a vote of no confidence in the company’s chief executive officer (CEO), Alisa Amupolo. Last week, the employees, under the auspices of the Mineworkers Union of Namibia (MUN), in a letter addressed to the board of directors and dated 18 July, requested Amupolo’s removal. They cited her alleged incompetence and mismanagement as the primary reasons for the drastic financial downturn. On Monday, the company board assured that they, supported by a governance committee, are committed to addressing these…