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08:08Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf SMS Of The Day * WHY doesn’t NBC listen when they are criticised? The little red chairs on Good Morning Namibia have done their part and are dirty especially at the arm rests. Please listen for once. You interview professionals and internationals on those Food For Thought * MINISTRY of Education, in order to address the shortages of teachers at primary schools why don’t you consider employing us who hold a diploma in lifelong learning and community education for teaching posts? We also did health education Bouquets And Brickbats * MY fellow Namibians, I am not a Swapo member but a third term for President Hifikepuye Pohamba will be a step closer towards attainment of Vision 2030. Believe me His Excellency has made crucial bold decisions, and I don’t regret
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NEWS - NAMIBIA
| 2013-07-23
Ramatex land on the verge of sale
Shinovene Immanuel
THE City of Windhoek is on the verge of selling part of the land on which Malaysian textile firm Ramatex was based, after a recommendation for the N$200 million sale was made to the council’s management committee.
The company that has proposed to buy the land is NamUSA, a joint venture between business personalities from Namibia and the United States. Chief Executive of the City of Windhoek Niilo Taapopi yesterday confirmed that he, together with his team, recommended to the councils’ management committee to accept the offer by the company, which plans to re-establish a clothing factory at the old Ramatex building near Otjomuise in Windhoek.
“We the technical people have recommended to the management committee to accept the proposal. It is now up to them to decide whether it’s a good deal or not,” he said.
The management committee is set to meet today in order decide on the proposal.
NamUSA offered to pay the City of Windhoek N$200 million for the 38 hectares of land and N$178 million to the joint liquidators of the Ramatex Group of Companies.
The total size of the land is 117 hectares and the city pans to subdivide the rest of the area.
Alfred Cooper, a businessman who is one of the co-owners of NamUSA, yesterday confirmed their bid to buy the land instead of their initial plan to lease the land.
The City was offering them a two-year lease period while the investors wanted 10 to 50 years.
The investor earlier this year said they were intending to employ about 20 000 people.
Council agreed last year already that NamUSA can take over the land and property of Malaysian textile firm Ramatex. However the bone of contention was on the the lease period between the City and the investor.
Details of the ownership of the new joint venture are still sketchy at the moment. The known names at present are Cooper, representing his USA partners, while the only known Namibian partner in the business is a former permanent secretary in the Ministry of Education, Vitalis Ankama.
The Malaysian textile company Ramatex closed down in 2008 and left about 7 000 employees without work.
The company that has proposed to buy the land is NamUSA, a joint venture between business personalities from Namibia and the United States. Chief Executive of the City of Windhoek Niilo Taapopi yesterday confirmed that he, together with his team, recommended to the councils’ management committee to accept the offer by the company, which plans to re-establish a clothing factory at the old Ramatex building near Otjomuise in Windhoek.
“We the technical people have recommended to the management committee to accept the proposal. It is now up to them to decide whether it’s a good deal or not,” he said.
The management committee is set to meet today in order decide on the proposal.
NamUSA offered to pay the City of Windhoek N$200 million for the 38 hectares of land and N$178 million to the joint liquidators of the Ramatex Group of Companies.
The total size of the land is 117 hectares and the city pans to subdivide the rest of the area.
Alfred Cooper, a businessman who is one of the co-owners of NamUSA, yesterday confirmed their bid to buy the land instead of their initial plan to lease the land.
The City was offering them a two-year lease period while the investors wanted 10 to 50 years.
The investor earlier this year said they were intending to employ about 20 000 people.
Council agreed last year already that NamUSA can take over the land and property of Malaysian textile firm Ramatex. However the bone of contention was on the the lease period between the City and the investor.
Details of the ownership of the new joint venture are still sketchy at the moment. The known names at present are Cooper, representing his USA partners, while the only known Namibian partner in the business is a former permanent secretary in the Ministry of Education, Vitalis Ankama.
The Malaysian textile company Ramatex closed down in 2008 and left about 7 000 employees without work.
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(August 13)
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