Resignations rock TransNamib board

Staff Reporter
Both TransNamib board chairperson Lionel Matthews and board member Sigrid Tjijorokisa tendered their resignations from the board yesterday, citing irreconcilable differences on the course of action regarding alleged irregularities at the company and, according to Matthews "a continued demand to remove the current CEO and some executives".

In her resignation letter, Tjijorokisa said: "I feel the current circumstances and development are illustrative of a total lack of governance within the organisation, with the department of public enterprises and at board level."

Matthews said: "I was appointed on 8 February 2022, and where TransNamib is is not my doing; it is the mismanagement that happened by those who came before me."

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Namibian Sun 2024-09-22

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Currie Cup: Fidelity ADT Lions 14 vs 16 Hollywoodbets Sharks XV Rugby Championship: Argentina 29 vs 28 Springboks | Australia 28 vs 31 New Zealand Premier League: Crystal Palace 0 vs 0 Manchester United | Tottenham Hotspur 3 vs 1 Brentford | Southampton 1 vs 1 Ipswich Town | Liverpool 3 vs 0 Bournemouth | Leicester City 1 vs 1 Everton | Fulham 3 vs 1 Newcastle | Aston Villa 3 vs 1 Wolves | West Ham 0 vs 3 Chelsea LaLiga: Real Madrid 4 vs 1 Espanyol | Valencia 2 vs 0 Girona | Osasuna 2 vs 1 Las Palmas | Real Valladolid 0 vs 0 Real Sociedad | Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club SerieA: Lecce 2 vs 2 Parma | Juventus 0 vs 0 Napoli | Venezia 2 vs 0 Genoa | Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City English Championship: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City Katima Mulilo: 18° | 34° Rundu: 21° | 35° Eenhana: 22° | 35° Oshakati: 22° | 35° Ruacana: 21° | 36° Tsumeb: 21° | 31° Otjiwarongo: 19° | 31° Omaruru: 18° | 33° Windhoek: 16° | 29° Gobabis: 17° | 30° Henties Bay: 13° | 22° Wind speed: 19km/h, Wind direction: S, Low tide: 07:45, High tide: 14:07, Low Tide: 20:11, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 18km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:05, Low Tide: 20:09, High tide: 02:00 Walvis Bay: 12° | 23° Wind speed: 23km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:04, Low Tide: 20:09, High tide: 02:00 Rehoboth: 17° | 31° Mariental: 19° | 34° Keetmanshoop: 20° | 35° Aranos: 17° | 33° Lüderitz: 14° | 22° Ariamsvlei: 19° | 35° Oranjemund: 15° | 24° Luanda: 22° | 23° Gaborone: 10° | 25° Lubumbashi: 19° | 33° Mbabane: 7° | 19° Maseru: 8° | 20° Antananarivo: 14° | 28° Lilongwe: 17° | 23° Maputo: 13° | 23° Windhoek: 16° | 29° Cape Town: 15° | 28° Durban: 12° | 23° Johannesburg: 9° | 21° Dar es Salaam: 23° | 32° Lusaka: 16° | 23° Harare: 12° | 26° Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.42 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.23/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067 Sport results: Currie Cup: Fidelity ADT Lions 14 vs 16 Hollywoodbets Sharks XV Rugby Championship: Argentina 29 vs 28 Springboks | Australia 28 vs 31 New Zealand Premier League: Crystal Palace 0 vs 0 Manchester United | Tottenham Hotspur 3 vs 1 Brentford | Southampton 1 vs 1 Ipswich Town | Liverpool 3 vs 0 Bournemouth | Leicester City 1 vs 1 Everton | Fulham 3 vs 1 Newcastle | Aston Villa 3 vs 1 Wolves | West Ham 0 vs 3 Chelsea LaLiga: Real Madrid 4 vs 1 Espanyol | Valencia 2 vs 0 Girona | Osasuna 2 vs 1 Las Palmas | Real Valladolid 0 vs 0 Real Sociedad | Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club SerieA: Lecce 2 vs 2 Parma | Juventus 0 vs 0 Napoli | Venezia 2 vs 0 Genoa | Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City English Championship: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City Weather: Katima Mulilo: 18° | 34° Rundu: 21° | 35° Eenhana: 22° | 35° Oshakati: 22° | 35° Ruacana: 21° | 36° Tsumeb: 21° | 31° Otjiwarongo: 19° | 31° Omaruru: 18° | 33° Windhoek: 16° | 29° Gobabis: 17° | 30° Henties Bay: 13° | 22° Wind speed: 19km/h, Wind direction: S, Low tide: 07:45, High tide: 14:07, Low Tide: 20:11, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 18km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:05, Low Tide: 20:09, High tide: 02:00 Walvis Bay: 12° | 23° Wind speed: 23km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:04, Low Tide: 20:09, High tide: 02:00 Rehoboth: 17° | 31° Mariental: 19° | 34° Keetmanshoop: 20° | 35° Aranos: 17° | 33° Lüderitz: 14° | 22° Ariamsvlei: 19° | 35° Oranjemund: 15° | 24° Luanda: 22° | 23° Gaborone: 10° | 25° Lubumbashi: 19° | 33° Mbabane: 7° | 19° Maseru: 8° | 20° Antananarivo: 14° | 28° Lilongwe: 17° | 23° Maputo: 13° | 23° Windhoek: 16° | 29° Cape Town: 15° | 28° Durban: 12° | 23° Johannesburg: 9° | 21° Dar es Salaam: 23° | 32° Lusaka: 16° | 23° Harare: 12° | 26° Economic Indicators: Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.42 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.23/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067