Namport clinch deal to have cruise liners spend more days at Walvis Bay to boost tourism – nbc Source link
November 2, 2024
Tag: deal
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Namport clinch deal to have cruise liners spend more days at Walvis Bay to boost tourism
Namport has clinched a deal that will see six passenger cruise liners spend more days at Walvis Bay in October to boost tourism. Normally, these cruise liners dock at the harbour for less than a day, spending less money on the local economy. The Erongo Tourism Forum is making deliberate efforts to boost passenger cruise...
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Somalia expels Ethiopian ambassador amid row over Somaliland port deal – International
Somalia has expelled the Ethiopian ambassador from the country and ordered the closure of two consulates. It accused Ethiopia of infringing on Somalia’s “sovereignty and internal affairs”. Somalia also recalled its ambassador from Ethiopia’s capital, Addis Ababa, for “comprehensive consultations”. Ethiopia’s foreign ministry spokesperson Nebiyu Tedla told Reuters news agency the government did not have...
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China says Philippines ignored South China Sea deal as tensions rise
China says the Philippines ignored proposals it put forward to “manage” their dispute in the South China Sea. An unnamed senior Chinese official told news outlet the Manila Times that the deal was “met with inaction by the Marcos administration”. President Ferdinand Marcos Jr said they did not reject the deal, but said it stood...
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Ongandjera king wants N$15m from NBL – Heineken deal
. . . King told to pay back money paid to him nine years ago Ongandjera King Johannes Mupiya is threatening to take legal action against a black empowerment entity if it does not pay him N$15 million in profits. This payment was part of a deal that resulted in Heineken buying out the Ohlthaver...
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Schwenk Zement aborts Ohorongo purchase deal citing NaCC conditions
Schwenk Zement International GmbH has terminated its purchase agreement with RWCo GmbH regarding shares in Schwenk Namibia (Pty) Ltd. According to RWCo, the stumbling block emerged as the Namibian Competition Commission (NaCC) conditions attached to the approval of the deal, which according to RWCo, lack any legal basis under Namibian competition law. The deal, sealed on 6...
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China’s Yintai Gold to acquire Osino in N$7bn cash deal
Chinese company Yintai Gold Co Ltd is set to acquire Osino Resources Corp. in a N$7 billion cash deal. Yintai, which trades on the Shenzhen Stock Exchange, has a market cap of N$108 billion (US$5.6 billion). As part of the deal, Yintai Gold has offered an immediate cash infusion for Osino of N$193 million (US$10...
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US Senate releases deal on border and Ukraine – but will it ever become law?
US senators have unveiled a long-awaited bipartisan deal that aims to combat illegal immigration at the US-Mexico border – and in return grant new aid to Ukraine and Israel. The Democratic-led chamber will vote on the bill this week, but it appears doomed to fail in the Republican-led House of Representatives. Joe Biden endorsed it...
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Namport, Terminal finalising deal – Windhoek Observer
CHAMWE KAIRA Namport and Terminal Investment Limited (TIL) remain seized with finalizing the terms, conditions and all attendant schedules to the proposed concession of the port of Walvis Bay. Terminal Investment Limited was founded in 2000 by the Aponte Family to secure container terminal capacity in the major ports called by our majority owner and...
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MUN secures favourable salary deal for Rössing workers – Windhoek Observer
Niël Terblanché The Mine Workers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC) has successfully negotiated a three-year wage agreement with Rössing Uranium, securing salary increments for workers for the next three years. This agreement, effective from 18 January, applies to employees belonging to the bargaining unit in Grades 1 to 11 and those...