TransNamib – Windhoek Observer

21 Sep

Intended TransNamib retrenchments not a surprise

ObserverObserver MoneyTransNamib

Eba Kandovazu STATE owned Enterprises(SoEs) Minister, Leon Jooste, says the retrenchments of 340 employees at TransNamib in the coming weeks forms part of TransNamib’s Integrated Strategic Business Plan approved by Cabinet in 2018. Jooste explains that part of the plan specifies that the company refocus on core business and move away from non-core activities. “This is however an operational matter that falls 100 percent within the powers and authority of the Board of Directors. You will see that they are not seeking permission but rather informing my office of the process,” Jooste says. TransNamib Chief Executive Officer (CEO), Johny Smith,…

Jooste calls Sisa’s bluff

ObserverObserver MoneyAir Namibia, Challenge Air, Public Enterprises minister Leon Jooste, Sisa Namandje, TransNamib

Andrew Kathindi Public Enterprises Minister, Leon Jooste, has dismissed threats by Challenge Air representative, Lawyer Sisa Namandje, to seize assets of state-owned TransNamib, if government proceeds with the voluntary liquidation of Air Namibia. According to Namandje the Arbitration Awards made on 6 August, 2008 and 4 August, 2011 in Europe, were jointly against Air Namibia and TransNamib. Air Namibia was incorporated into TransNamib up until the late 1990s, which was around the time when the airline entered into the lease agreement with Challenge Air. “I saw the letter that was circulated today. We discussed this with TransNamib some time ago…

Manganese boosts TransNamib’s volumes

ObserverUncategorisedChina, Manganese, TransNamib

Staff Writer The transportation of manganese has provided a boost for TransNamib, with the company now transporting 15,000 tons per month. Manganese is mainly used in the steel industry as an alloy, playing a significant role in making steel from iron, also used in dry cell batteries and as a black-brown pigment in paint, with its main export market being China. "The route travelled has become a major revenue source for TransNamib in terms of moving manganese for our customers and the executives needed to see first-hand the operations and challenges on the route," TransNamib Chief Executive Officer (CEO) Johny…