WINDHOEK: The Namibia Institute for Public Administration and Management (NIPAM) today launched a State-Owned Enterprise (SOE) Business Centre aimed at ‘fostering excellence’ in SOE administration.

The SOE Business Centre was created to ‘provide systematised professional transformational training and to be a dedicated training centre’ for all SOE and corporate entities in Namibia.

Speaking at the launch of the business centre during a breakfast meeting here, Prime Minister (PM) Nahas Angula said the centre will, through training, help the Board and management members of SOEs to develop their knowledge of corporate governance and other efficient management practices.

‘The centre will also develop a new generation of holistic corporate managers with a capacity to manage SOEs in a dynamic and complex environment,’ he said.

Speaking to Nampa in an interview on the sidelines of the event, the acting Executive Director of NIPAM, Elsie Nghikembua said public servants’ interest in the training offered by the institute has grown since it opened its doors last year.