NAMCOR gets N$3.2 billion SU tender

The Namibian company went through a strenuous screening process before being awarded the contract.

27 August 2019 | Business

Immanuel Mulunga; Managing director; “We had to compete with bigger and more resourceful international companies.”

Arandis - Adolf Kaure

Swakop Uranium (SU) and the National Petroleum Corporation of Namibia (NAMCOR) signed a five-year diesel and lubricants supply contract worth N$3.2 billion at the Husab Mine on Friday.

Speaking at the occasion, NAMCOR’s managing director Immanuel Mulunga, said that the company being awarded the contract was no foregone conclusion. “We had to compete with bigger and more resourceful international companies and pass a strenuous screening process to land this particular contract,” he said.

“We believe that we won this contract because we are set to provide the mine with services and oil products at competitive pricing, therefore delivering value for money,” Mulunga said.

According to him, the lucrative contract is equivalent to 60% of NAMCOR’s total annual current sales. “We are grateful that the mine has put its faith and trust in NAMCOR and we are looking forward to giving the same or even better service than the company that was supplying the mine for the last five years,” he said.

Also speaking at the event, the charge d’affaires of the Chinese embassy in Namibia, Yang Jun, said that the Husab Mine will boost Namibia’s economic development further when it reaches full capacity. “It will increase Namibia’s gross domestic product by 5% or more. Today’s contract will also help create jobs and help the economic development of Namibia.”

Husab Mine is China’s largest single investment project in Africa. It is also one of the most important mineral projects in Namibia.

Similar News

 

Uis mine ships first tin concentrate

2 days ago - 25 February 2020 | Business

According to a post shared by the Namibian Ports Authority (Namport) on its website today, the first shipment of tin concentrate (6 t grading more...

Salt processing plant inaugurated

3 days ago - 24 February 2020 | Business

Walvis Bay • [email protected] Walvis Bay Salt Refiners (WBSR) inaugurated their brand new N$93 million salt processing plant on Monday. WBSR intends to target...

Beauties ready for business

5 days ago - 23 February 2020 | Business

Swakopmund • [email protected] The Plaza Hotel’s conference hall was bursting at the seams, as Future Females launched its Swakopmund chapter on Thursday evening.Two guest...

Dodo maak ’n verskil

1 week ago - 16 February 2020 | Business

Swakopmund • [email protected] Eko-vegters op Swakopmund het sommer sterk wind in hul seile gekry met die opening van die Dodo Zero Waste-winkel in die middedorp....

These are Swakop’s top healthy eateries

1 month - 21 January 2020 | Business

Swakopmund • [email protected] Hero Multisave Supermarket emerged as the top butchery, Mobi Soft Serve as the top mobile kiosk and Museums Café as the...

Pushing beyond existing boundaries

1 month - 21 January 2020 | Business

According to Maersk, drilling operations planned for its Angola-Namibia campaign will be done at a world record water depth. Maersk said that the well in...

Interne veranderinge by Orano

1 month - 14 January 2020 | Business

Swakopmund Orano Mynbougroep se bestuurende direkteur, Hilifa Mbako, beklee sedert 1 Januarie 2020 die rol van uitvoerende voorsitter ná ’n dekade by die maatskappy.“Hierdie...

Nuwe hotel vir Walvisbaai

1 month - 14 January 2020 | Business

Walvisbaai • [email protected] Die City Centre Hotel wat in die hartjie van Walvisbaai se middedorp geleë is, het onlangs sy deure amptelik geopen.Plaaslike...

Kospakkies bring trane van vreugde

1 month - 14 January 2020 | Business

Verteenwoordigers van Erongo Marine Enterprises (EME) het op Kersdag kospakkies aan 260 bejaardes langs die kus versprei. Die maatskappy het ook geskenke aan 32 weeskinders...

DP World, !Nara Namib take hands

1 month - 14 January 2020 | Business

Global trade enabler DP World signed a Memorandum of Understanding (MoU) with !Nara Namib Free Economic Industrial Zone some time ago. The partnership seeks...

Latest News

Elephant comfortably ‘settled in’

55 minutes ago | Local News

Swakopmund • [email protected] elephant at Rössmund is a unique attraction, but at the same time golf course management hope the pachyderm will move on.“This is...

Brand saai verwoesting

1 hour ago | Disasters

Hentiesbaai • [email protected] ’n Gedeelte van ’n huis op Hentiesbaai is deur ’n brand verwoes.’n Motorhuis wat omskep is in ’n leefarea waarin Briggite Gertze...

Pastor charged with kidnapping granted...

23 hours ago | Crime

Walvis Bay • [email protected] Pastor Marvin Damaseb allegedly took a girl who is believed to be 13-years old, without her mother’s consent from a primary...

Prayers continue for missing captain...

1 day - 27 February 2020 | Local News

Walvis Bay • [email protected] The wife of missing Resplendent captain Carlo Gordon says she wants answers to understand what happened to her husband...

Samherji explains retrenchments

1 day - 27 February 2020 | Fishing

Walvis Bay • [email protected] The workers on the Geysir currently fishing in Mauritania, are the only ones to keep their jobs while the rest...

Art therapy awareness

1 day - 27 February 2020 | Art and Entertainment

Swakopmund • [email protected] Art Stop Swakopmund hosted art therapist Jan Joubert for a session on art therapy, which involves the use of creative techniques...

Coronavirus impacts trade

1 day - 27 February 2020 | International

Swakopmund • [email protected] Over 50 delegates from member states are in Swakopmund for the Southern African Customs Union (SACU) meeting of senior trade officials.The...

Tennis triumph

1 day - 27 February 2020 | Sports

Swakopmund The Namibia Tennis Association (NTA) hosted their first tournament of the year at the municipal tennis courts in Vineta and at the Swakopmund Mole...

Tweya lashes out against policies...

2 days ago - 26 February 2020 | Government

Walvis Bay • [email protected] The minister of trade, SME development and industrialisation Tjekro Tweya lashed out against officials who he accuses of holding...

Load More