Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Nida axe lands on Gaomab

Home National Nida axe lands on Gaomab
Nida axe lands on Gaomab

The Namibia Industrial Development Agency has wielded the axe to suspend CEO Mihe Gaomab with immediate effect, without providing reasons for the move. 

Nida board chairperson Sebby Kankondi, in an internal memo to employees seen by this paper, last week informed them of their decision. 

“We start this year on a rather sad not. The board of directors, hereby confirms the suspension of the CEO with immediate effect,” the seasoned executive wrote. 

He did not give the specific, citing only pending “conclusion of an internal process”.

“Reasons for his [Gaomab’s] suspension remain confidential, therefore cannot be disclosed,” Kankondi said, while welcoming the staff back from the festive season in the same missive. 

In the interim, Gaomab’s void will be filled by Phillip Namundjebo “until further notice”.

Details around the suspension remains sketchy at this point. 

During his time at the agency, Gaomab has not shied away from courting controversy. 

Late last year, he was pictured wearing Swapo party regalia, whilst on official duties. He was widely criticised. 

Gaomab, it has also been reported, is on his third extension of his probation at the industrial agency. 

On face value, it appears, Gaomab has failed to impress the Kankondi-led board to hire him permanently. 

Yesterday, Gaomab was not available to respond immediately as his phone went unanswered. 

He did also not respond to a question sent via popular social media cite, WhatsApp, despite the delivery being confirmed. 

An economist by training, Gaomab has previously occupied high-profile posts, including positions at Bank of Namibia, the Southern African Customs Union and the Namibia Competition Commission. 

He has also served as the board chairperson of the Communications Regulatory Authority of Namibia and Fishcor, the troubled government fishing company.  

 -emumbuu@nepc.com.na