15
Oct
Niël Terblanché The Namibia Airports Company (NAC) has reported a profit after tax of N$40 million for the 2023/2024 financial year. This breakthrough for the state-owned enterprise was announced by the NAC Board Chairperson Dr Leake Hangala at the company’s annual general meeting (AGM) on 30 September. The AGM was held in accordance with the Public Enterprises Governance Act (PEGA) of 2019 during which the NAC leadership presented the audited financial statements to shareholders. Hangala highlighted the organisation’s financial growth, which saw a substantial increase in profits from N$19.4 million in the previous year to N$40.8 million in 2024. The…