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namib times SERVING THE COASTAL COMMUNITY SINCE 1958 NO 6915 FRIDAY 28 MAY 2021
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Last surviving EPZ company announces closure in Walvis Bay Namibia Press & Tool Company, the last surviving Export Processing Zone (EPZ) company in Walvis Bay, will close down at the end of the year. Two well-informed the uncertainty around the sources also consources confirmed what to expect beyond firmed. this to Namib Times 2025 makes it more “We are looking at conthis week, adding the viable to rather act cluding our operations company opts to re- now, and relocate ope- in Walvis Bay by the locate to another rations to another end of 2021, which incountry, as Nami- country to keep cer- clude servicing a conbia’s current EPZ tainty in the equation”, tract of one of our custax-regime comes to the newspaper was tomers which we hope an end in 2025. told. will be renewed soon”, “As an EPZ com- Negotiations are cur- the source concluded. pany we don’t pay rently underway with Namibia adopted the import or export the workers and their Export Processing duties, neither in- trade union regarding Zone (EPZ) concept in come tax. However, retrenchments, one of
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President Geingob and First Lady test positive for the Coronavirus
Namibia’s Head of State, Dr Hage Geingob and First Lady Monica Geingos have tested positive for the Coronavirus. State House in a statement said the Presidential couple tested positive on Wednesday evening and entered self-isolation in their residence. “The President and the First Lady are in good spirits and self-isolating in their residence”, the statement reads. Since the news broke, Namibians took it to social media and wished the Presidential couple a speedy recovery.
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Herstel van strate vorder fluks
Policy for Namibia’s automotive industry nears completion Namibia is in the process to finalise its policy for the automotive industry. The policy will pave the way to regulate vehicle manufacturing in Namibia, and by implication will at last provide commercial momentum to the auto manufacturing plant in Walvis Bay of Peugeot Opel Assembly Namibia (POAN). This is according to Mr Robert van Rooijen, the CEO of POAN. POAN commenced assembly operations in Walvis Bay early in 2019, but very soon hit a slag when it was discovered the import of semi-knockdown
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C.A.N.’s Buffs arrived!
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Arandis businessman killed instantly as his vehicle hits truck
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Corridor Group launched Road Safety Campaign
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A businessman of Arandis, Mr Titus (”Zocks”) Sakaria (30) was killed instantly at around 10:30 yesterday, when his light sedan vehicle rear-ended a tanker truck at the C24 offramp to Walvis Bay on the B2 close to Swakopmund. Emergency personnel had to force open the wreck of the vehicle to remove Mr Sakaria’s mortal remains. A case of culpable homicide has been opened against the driver of the tanker truck, Mr. Diakuka da Conceicao.
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