Erongo Marine: Quota holders rally behind Uumati
Oceana Group Limited’s (OGL) partners in its subsidiary company Erongo Marine Enterprises (EME) are questioning the suspension of the latter’s managing director, Martha Uumati.
Uumati was suspended by OGL CEO Neville Brink after she failed to attend a meeting scheduled to be held in Cape Town, South Africa.
The meeting was scheduled for EME to prepare for a hearing it has to undergo with the Namibia Competition Commission (NaCC).
According to Uumati, she informed OGL’s management of her inability to attend the meeting, stating that she had an earlier scheduled commitment, and that the meeting could have been hosted in Windhoek or Walvis Bay as it pertained to a domestic matter EME and OGL are both involved in.
OGL’s joint-venture (JV) partners in EME include locally-domiciled companies Erongo Seafood, Arechanab Fishing and Development Company and Cerocic Fishing.
Regrettable
Questioning the suspension, the JV partners questioned Brink why they had not been informed of Uumati’s planned suspension, and only came to know about it through the media.
“While we take cognisance of the generally accepted notion that disciplinary measures are internal processes of companies such as EME, and without pre-empting the procedural and substantive processes and outcomes, we wish to register out utmost apprehension about the manner in which this sensitive manner became known to us,” the partners said.
Uumati’s suspension was regrettable in light of her spearheading a new JV model involving EME and OGL, which the companies are looking at implementing, the partners said.
“As strategic partners seized with a very complex matter of trying to pave a win-win solution to our charter agreement and come up with a new model of an operational JV - a process which without saying was spearheaded by Uumati - it was regrettable to learn about her suspension through third-party mode of communication such as the printed and electronic media.”
OGL was called upon to use appropriate means of communication to issue notices in future.
“We urge your esteemed office to uphold the trust relationship we have been trying to build and to practice good corporate governance in terms of appropriate and accepted channels of communication in dealing with us as equal partners, shareholders and directors, in order to mutually harvest the Namibian horse mackerel resource entrusted to us,” the JV partners added.
Uumati was suspended by OGL CEO Neville Brink after she failed to attend a meeting scheduled to be held in Cape Town, South Africa.
The meeting was scheduled for EME to prepare for a hearing it has to undergo with the Namibia Competition Commission (NaCC).
According to Uumati, she informed OGL’s management of her inability to attend the meeting, stating that she had an earlier scheduled commitment, and that the meeting could have been hosted in Windhoek or Walvis Bay as it pertained to a domestic matter EME and OGL are both involved in.
OGL’s joint-venture (JV) partners in EME include locally-domiciled companies Erongo Seafood, Arechanab Fishing and Development Company and Cerocic Fishing.
Regrettable
Questioning the suspension, the JV partners questioned Brink why they had not been informed of Uumati’s planned suspension, and only came to know about it through the media.
“While we take cognisance of the generally accepted notion that disciplinary measures are internal processes of companies such as EME, and without pre-empting the procedural and substantive processes and outcomes, we wish to register out utmost apprehension about the manner in which this sensitive manner became known to us,” the partners said.
Uumati’s suspension was regrettable in light of her spearheading a new JV model involving EME and OGL, which the companies are looking at implementing, the partners said.
“As strategic partners seized with a very complex matter of trying to pave a win-win solution to our charter agreement and come up with a new model of an operational JV - a process which without saying was spearheaded by Uumati - it was regrettable to learn about her suspension through third-party mode of communication such as the printed and electronic media.”
OGL was called upon to use appropriate means of communication to issue notices in future.
“We urge your esteemed office to uphold the trust relationship we have been trying to build and to practice good corporate governance in terms of appropriate and accepted channels of communication in dealing with us as equal partners, shareholders and directors, in order to mutually harvest the Namibian horse mackerel resource entrusted to us,” the JV partners added.
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