NAMIBIA Post and Telecom Holdings (NPTH), consisting of Nampost, Telcom and MTC, recently paid a dividend of N$37,3 million to its sole shareholder, the Namibian Government.
This is on the back of a 1% increase in turnover from N$2,24 billion in 2007 to N$2,27 billion in 2008.Operating profits increased from N$605,4 million to N$639,2 million.Total equity stood at N$2,9 billion compared to N$2,6 billion last year. According to the Chairman of NPTH, Steve Motinga, investments made by the stable of companies amounted to N$683,3 million last year, N$485 million of which was in new telecommunications infrastructure.
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!