Minister of Public Enterprises, Leon Jooste, said in a media statement that his office had undertaken a compliance analysis of Namibia Industrial Development Agency documentation and operations to determine the company’s compliance status in line with both the Public Enterprises Governance Act and the NIDA Act, and that “regrettably, the results of the analysis pointed to serious compliance and flaws with relevant documentation pertaining to NIDA either missing or non-existent”. Jooste said in addition, NIDA has been faced with several governance and operational challenges which brought the company into disrepute.