Corporate Governance in State Owned Enterprises: A case Study of Namibia Housing Enterprises (NHE

  • Sitali Brian Lwendo
  • F. Kandjeo
  • Albert Isaacs
Keywords: Enterprise, Housing, Good governance, Strategic Plan

Abstract

The issues of good corporate governance has emerged to be matters of serious concern in StateOwned Enterprises. So much scholarly articles have been published all over the world about
good corporate governance, thus, guidelines, practice and principles. Namibian State-Owned
Enterprises (SOEs) have been under criticism publicly over the poor governance in recent times.
This report reviews the governance at one of Namibia’ State-Owned-Enterprises, NHE which was
under public criticism over its governance recently. This paper seeks to understand the causes of
poor governance in State Owned Enterprises in Namibia. The data used in this research paper is
drawn from literature available and interview conduct with NHE employees on good
governance. The findings of the research paper points out to inexperienced Board members, lack
of transparency and openness, the size of the structures of the Board, imbalanced Board in
terms of skills and knowledge, lack of diversity, size and Board compositions.

Author Biographies

Sitali Brian Lwendo

University of Namibia, Windhoek, Namibia

F. Kandjeo

University of Namibia, Windhoek, Namibia

Albert Isaacs

University of Namibia, Windhoek, Namibia

References

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[2] Lomboleni, A. (2015). “Why most Namibian SOEs Boards of Directors are Ineffective?”.
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[5] King Committee on Governance (2009).
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[7] Masawi, T. (2017). State-Owned Enterprises worst in Corporate Governance.
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State-Owned-Enterprises: A case study of TransNamib in Namibia.
[9] National Housing Enterprise Strategic Plan 2017/2018-2022/23
[10] New Era Newspaper Namibia, 01-08-2016. “NHE in Breach of own Act, Court rules”
Available online at https://www.newera.com.na/2016/08/01/nhe-breach-act-court-rules/
(Accessed 16 February 2018)
[11] OECD (2014) Guidelines on the Governance of State-Owned Enterprises for Southern
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(Accessed 16 February 2018
Published
2018-10-31