Namibia Industrial Development Agency (NIDA)

Jooste to defy Cabinet directive

Jooste to defy Cabinet directive

Andrew Kathindi Public Enterprises (Pes) Minister, Leon Jooste, could defy a Cabinet directive less than a month after it came into force if he moves ahead to extend the current Fishcor temporary board’s term without any changes to its composition. The Cabinet directive states that Chief Executive Officers (CEOs) of State-Qwned Enterprises (SOEs) may not serve on the boards of other SOEs. This comes as Jooste confirmed to Windhoek Observer that he plans to extend the terms of the current Fishcor temporary board made up of two heads of SOEs, Heinrich Mihe Gaomab II, who was on 1 May appointed…
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Favouritism allegations rock NIDA CEO appointment

Favouritism allegations rock NIDA CEO appointment

Staff Writer It has emerged that Cabinet ignored recommendations from the Namibia Industrial Development Agency (NIDA) board in the appointment of the new Chief Executive Officer (CEO). According to insiders, the NIDA board, chaired by former Nedbank Managing Director, Lionel Mathews, had recommended Ministry of Industrialisation and Trade (MIT) Deputy Executive Director, Michael Humavindu, for the top job. The board’s decision is alleged to have been ignored by Public Enterprises Minister Leon Jooste, who is said, with the support of Cabinet to have pushed through for the appointment of former African Development Bank (AfDB) Executive Director, Heinrich Mihe Goamab ll,…
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