Jooste removes NIDA board, appoints temporary one
Written by Suzith Tjitaura on 30 September 2020.KEETMANSHOOP, 30 SEP (NAMPA) – The Minister of Public Enterprises, Leon Jooste on Wednesday announced the removal of the current board of directors at the Namibia Industrial Development Agency (NIDA) and the appointment of a temporary board.
In a media statement, the minister said his office undertook a compliance analysis of NIDA documentation and operations to determine the company’s compliance status in line with both the Public Enterprises Governance Act (PEGA) and NIDA Act.
“Regrettably, the results ...