Johan Coetzee discusses the latest crisis at the Namibia Industrial Development Agency and its implications on SOE governance
July 3, 2025
From botched boardroom battles to multi-million-dollar mismanagement, Namibia’s State-Owned Enterprises (SOEs) continue to dominate headlines – and not for the right reasons.
The latest crisis at the Namibia Industrial Development Agency (NIDA) reveals just how fragile governance structures have become. Acting CEO Richwell Lukonga has been removed by the new Minister of Industrialisation and Trade, Natangwe Ithete, amid serious concerns over succession politics, board interference, and alleged asset sell-offs.
Political and public policy analyst Johan Coetzee joins us to unpack what this says about SOE governance in Namibia and what needs to change urgently.