Namitvest Investment Holdings has declared and paid the first of N$914 000 to 690 shareholders.
The company offers shares to members and former members of the Mineworkers Union of Namibia (MUN) and their dependants.
Speaking during an event on Wednesday, chairperson of the Namibia Miners Investment Trust Matthew Mberiuana said since the inception of the miners union in 1986, it has been committed to promoting the growth and success of mineworkers.
“This dividend declaration marks an important step in our journey to foster financial growth and generational wealth for mineworkers and their dependants,” said Mberiuana. Namitvest, which is wholly owned by Just Transition Investments, holds a 25% stake in Nam-Mic Holdings (valued at over N$700 million).
In an age of information overload, Sunrise is The Namibian’s morning briefing, delivered at 6h00 from Monday to Friday. It offers a curated rundown of the most important stories from the past 24 hours – occasionally with a light, witty touch. It’s an essential way to stay informed. Subscribe and join our newsletter community.
The Namibian uses AI tools to assist with improved quality, accuracy and efficiency, while maintaining editorial oversight and journalistic integrity.
Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for
only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!
