Namibia Government Gazette dated 2010-08-12 number 4538

GOVERNMENT GAZETTE
OF THE

REPUBLIC OF NAMIBIA
N$2.00

WINDHOEK - 12 August 2010

No. 4538

CONTENTS

Page

GOVERNMENT NOTICE
No. 174

Directives in relation to remuneration levels for chief executive officers and senior managers of Stateowned enterprises and annual fees and sitting allowances for board members: State-owned Enterprises Governance Act, 2006 .....................................................................................................................
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1

Government Notice
STATE-OWNED ENTERPRISES GOVERNANCE COUNCIL
No. 174

2010

DIRECTIVES IN RELATION TO REMUNERATION LEVELS FOR CHIEF EXECUTIVE
OFFICERS AND SENIOR MANAGERS OF STATE-OWNED ENTERPRISES AND
ANNUAL FEES AND SITTING ALLOWANCES FOR BOARD MEMBERS:
STATE-OWNED ENTERPRISES GOVERNANCE ACT, 2006
Under section 4(1)(d)(iii) of the State-owned Enterprises Governance Act, 2006 (Act No. 2 of
2006), the State-owned Enterprises Governance Council has laid down directives in relation to the
remuneration levels for the chief executive officers and senior managers of the State-owned enterprises
and the annual fees and sitting allowances for the members of the boards of those enterprises set out
in the Schedule.
The directives apply to chief executive officers, senior managers, board members, and non-executive
directors, of State-owned enterprises who are re-appointed or appointed after the publication of this
notice in the Gazette.
N. Angula
Chairperson
State-owned Enterprises Governance Council

Windhoek, 29 July 2010