King Charcoal to expand

Job creation

30 December 2020 | Business

Lilo Niilenge; Former Councillor, “This project will underscore government’s initiative of value addition to Namibian products. . .”

Walvis Bay • [email protected]


The previous Walvis Bay municipal council decided that an additional two hectares of Farm 38 can be leased to King Charcoal Namibia for the purpose of establishing a charcoal bagging and briquette manufacturing plant.

The former chairperson of the management committee councillor Lilo Niilenge said at a meeting held it was decided that one hectare of Farm 38 be leased by private transaction to the company for N$5 000 plus N$750 (15% VAT) per month, escalating with 10% per annum for production and packaging of charcoal.

“King Charcoal has now applied for additional land on their current lease at Farm 38 to establish a charcoal bagging and briquette manufacturing plant. They requested the original lease be extended from 10 to 20 years with an option to renew for a further period of 20 years.”

The company has already done earthworks and construction of their leased site and is fully operational from the new factory on Farm 38, but would like to expand the business.

“Currently they are exporting raw charcoal products in bulk without adding potential to the product. Value adding is mainly confined to bagging charcoal directly for foreign retailers in their branded craft paper bags and briquette manufacturing from the smaller charcoal fractions.”

Niilenge said the applicant aspires to do both these activities on Farm 38 and that the estimated capital required for the project is more than N$20 000 000.

“Therefore, the applicant is requesting a longer lease period to substantiate the capital investment to be made.”

King Charcoal already has 50 permanent jobs at their factory and 400 farmworkers that indirectly derive an income from the company’s operations, but this expansion in their business will employ at least 30 Namibians.

The current rental for King Charcoal is N$5 500 plus N$825 (15% VAT). The lease of two hectares of Farm 38 should be set at a monthly rental of N$11 000 (0.55c per m²) plus N$1 650 (15% VAT), as it is in line with their current rental fee.

“This project will further underscore government’s initiative of value addition to Namibian products and ultimately result in skills transfer to Namibians.”

Since council supports the expansion although there are various requirements that need to be satisfied. These include that no unauthorized structures, or structures not approved in terms of the provisions of the Standard Building Regulations are allowed on the site and the applicant, prior to the erection of any structures on site, shall obtain the approval from the general manager: roads and building control.

A refundable, non-interest deposit of N$10 000 must be paid by the applicant on the date of signing the lease agreement, to cover the costs of rehabilitation of the site should the applicant fail to do so.

King Charcoal should also provide all services and enclose the leased area at own cost.

Similar News

 

MTC management on countrywide roadshow

1 week ago - 15 April 2021 | Business

Walvis Bay • [email protected] MTC hosted a stakeholder engagement in Walvis Bay on Tuesday.The communication giant’s management is on a national tour, engaging industry players...

Easter weekend boosts hospitality

1 week ago - 09 April 2021 | Business

Swakopmund • [email protected] It looked like Christmas had come early. Swakopmund’s CBD was abuzz with people from all walks of life and for once...

Bank Windhoek awards coastal estate agents

3 weeks ago - 01 April 2021 | Business

Pro Direct Real Estate, Ramos Realtors, and Mupupa Realtors received recognition as the top three coastal Estate Agencies at the Bank Windhoek's Annual Coastal Estate...

Judgment on phosphate licence this month

3 weeks ago - 30 March 2021 | Business

Windhoek ∙ [email protected] Namibian Marine Phosphate (NMP) will have to wait until 12 April to find out what the court ruling is with...

Imports, exports? Do it online!

3 weeks ago - 26 March 2021 | Business

Industrialisation and trade minister Lucia Iipumbu launched the import, export online system earlier this week.The system, which was developed over a period of seven years,...

Uranium packs export power in Jan

1 month - 13 March 2021 | Business

Windhoek ∙ [email protected] Uranium in January catapulted to Namibia’s second biggest export product, contributing N$979 million or 13.5% to the country’s total export earnings.Data...

Orano reinvites govt to desalination talks

1 month - 09 March 2021 | Business

Windhoek ∙ [email protected] Mining [formerly Areva] says it is open to renegotiating the terms of sale of its Erongo desalination plant with the government.Orano has...

Namport and Namfi partner

1 month - 01 March 2021 | Business

Walvis Bay •[email protected] The Namibian Ports Authority (Namport) and the Namibian Maritime Fishing Institute (Namfi) signed a memorandum of understanding (MoU).According to Namfi...

Van Dyk appointed Maersk country and sales manager

2 months ago - 09 February 2021 | Business

Walvis Bay Maersk Namibia recently appointed Johan van Dyk as its new country and sales manager. Van Dyk has close on...

Trots Walvisbaai!

2 months ago - 26 January 2021 | Business

Walvisbaai • [email protected] Daar is min dinge so trots Namibies soos 'n yskoue koeldran­kie langs 'n gesellige braaivleisvuur. Die waarheid is egter die...

Latest News

Buccaneers Summer League 21 concluded

1 hour ago | Sports

The final round of the Buccaneers Summer League tournament was played on 10 April, with congratulations going to Brandon Grane who defeated everyone in the...

LeSean Elshadai drops EP in...

2 hours ago | Art and Entertainment

Swakopmund • [email protected] Recording artist Clinton “LeSean Elshadai” Mulenga and Jonathan “Johnny Be Good” Luvindao recently released the EP (extended play) project Kaliyuga with...

Choose your most inspiring moment...

2 hours ago | Sports

Sports fans around the globe can be part of next month’s Laureus World Sports Awards by voting in an online poll to pick the Laureus...

Maria Nepembe triumphs at Zikomo...

2 hours ago | Art and Entertainment

Swakopmund • [email protected] Namibian socialite and entrepreneur Maria Nepembe scooped three accolades at the Zikomo Awards that took place in Lusaka, Zambia, recently.Nepembe took...

CFC extends its lead

3 hours ago | Sports

The second round of the 2021 Bank Windhoek Fistball League saw Cohen Fistball Club (CFC) defeat hosts and rivals Sport Klub Windhoek (SKW) with a...

Moving farewell over the Namib...

3 hours ago | Local News

Swakopmund As a symbol of respect and in line with the wishes of Hans Burkhardt who died at the beginning of the year, several...

‘Zero Hour’ set to premiere

3 hours ago | Art and Entertainment

Swakopmund The short film Zero Hour premieres at the Mondesa Multi-Purpose Centre on Thursday at 18:30.“In this 10-minute short film, 22-year-old recent graduate Mbakoo...

Local visual arts sector is...

3 hours ago | Art and Entertainment

The Bank Windhoek Triennial 2020 Awards ceremony and exhibition opening takes place on Thursday (22 April 2021) at 16:00. With 491 submissions received of which...

Nande eet Rössmund vir brekfis...

17 hours ago | Sports

Likius Nande het met tien houe gewen toe Rössmund-klub buite Swakopmund vir die tweede keer die Standard Bank Swakop Ope aangebied het, as deel van...

Load More