Kora case heads to Supreme Court
Kora case heads to Supreme Court

Kora case heads to Supreme Court

Cindy Van Wyk
ELLANIE SMIT



WINDHOEK

Mundial Telecom Sarl has turned to the Supreme Court to appeal a High Court judgment that ordered it to pay back money owed to the Namibia Tourism Board (NTB) for its failure to host the Kora Awards.

Judge Herman Oosthuizen in January ruled in favour of NTB in a court case that has been dragging on since 2016.

He ordered Mundial to repay NTB slightly more than N$23.5 million, with 20% interest per annum from 1 July 2016 to the date of final payment. It was also ordered to pay NTB’s cost of suit.

Mundial is asking that Oosthuizen judgment be set aside and that NTB’s claim be dismissed. In the notice of appeal, it said Oosthuizen erred in law and fact in several of his findings.

The matter dates back to September 2016 when NTB first sued Mundial, Kora Awards founder Ernest Adjovi and Tonata Shiimi for N$23 million (plus 20% interest), which it paid for a platinum tourism package it never received to market Namibia.

Mundial owns the rights to host the Kora Awards, while Andjovi acted as the president of the company and Shiimi was the national director of the awards.

Mundial resolved to host the event in Namibia on 20 March 2016. It was initially scheduled to take place on 13 December 2015, but was then postponed.

Appeal

Mundial said Oosthuizen erred when he found that its decision to cancel the Kora Awards due to late payment was contrary to their agreement and a mere face-saving exercise. It said the decision to cancel arose from, amongst other things, that nothing in the agreement precluded them from cancelling it upon breach of commitment by NTB.

It also said Oostuizen erred by rejecting the fact that Mundial’s contentions derived from its agreement with government.

The company said this is despite the fact that its cancellation arose expressly for NTB’s failure to comply with payment obligations under the agreement.

“The agreement with the government was obviously the source giving rise to the obligation to host the event and the agreement with NTB was for the purchase package in respect of the event. The inter-relatedness of the two agreements are naturally unaffected by the recordable provisions,” it said.

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Namibian Sun 2024-05-13

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 337.15/OZ DOWN -0.0099 | Copper US$ 4.73/lb UP +2.63% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.85/BBP UP +1.00% | Platinum US$ 1 000.44/OZ UP +0.73% Sport results: Premier League: Manchester United 0 vs 1 Arsenal | Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe | Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas | Deportivo Alaves 2 vs 2 Girona SerieA: Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli | AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna | Frosinone 0 vs 5 Inter Milan European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 16° | 32° Rundu: 16° | 32° Eenhana: 15° | 34° Oshakati: 17° | 33° Ruacana: 18° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 16° | 30° Windhoek: 13° | 26° Gobabis: 14° | 26° Henties Bay: 15° | 26° Wind speed: 20km/h, Wind direction: S, Low tide: 12:49, High tide: 06:50, Low Tide: 01:42, High tide: 19:35 Swakopmund: 15° | 19° Wind speed: 20km/h, Wind direction: SW, Low tide: 12:47, High tide: 06:48, Low Tide: 01:40, High tide: 19:33 Walvis Bay: 15° | 29° Wind speed: 26km/h, Wind direction: SW, Low tide: 12:47, High tide: 06:47, Low Tide: 01:40, High tide: 19:32 Rehoboth: 15° | 28° Mariental: 17° | 30° Keetmanshoop: 21° | 31° Aranos: 17° | 29° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 28° Luanda: 25° | 27° Gaborone: 15° | 26° Lubumbashi: 14° | 28° Mbabane: 13° | 21° Maseru: 8° | 23° Antananarivo: 14° | 22° Lilongwe: 15° | 27° Maputo: 18° | 26° Windhoek: 13° | 26° Cape Town: 17° | 24° Durban: 17° | 25° Johannesburg: 14° | 21° Dar es Salaam: 24° | 31° Lusaka: 16° | 27° Harare: 13° | 25° Economic Indicators: Currency: GBP to NAD 23.01 | EUR to NAD 19.8 | CNY to NAD 2.54 | USD to NAD 18.36 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.57 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.97 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47 | USD to KES 130.23 | USD to NGN 1439.8 | USD to ZAR 18.36 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78464.25 Up +1.19% | Namibian Stock Exchange (NSX) Overall Index 1754.6 Up +1.22% | Casablanca Stock Exchange (CSE) MASI 13541.33 Up +0.11% | Egyptian Exchange (EGX) 30 Index 25381.25 Up +0.90% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 337.15/OZ DOWN -0.0099 | Copper US$ 4.73/lb UP +2.63% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.85/BBP UP +1.00% | Platinum US$ 1 000.44/OZ UP +0.73%