NAC out of legal headwinds, looks ahead
NAC out of legal headwinds, looks ahead

NAC out of legal headwinds, looks ahead

The company says its legal troubles are behind it and it is on a path of renewal.
Jemima Beukes
JEMIMA BEUKES







The Namibia Airports Company (NAC) has confirmed that they have finalised six labour cases, and since May 2019, no new cases have arisen.

During a media briefing yesterday, NAC board chairman Leake Hangala pointed out that the organisation has for a long time been plagued by a number of court cases, but has made considerable progress to reduce these legal risks.

He added that progress has also been made to improve operations at the organisation and said challenges in the Hosea Kutako Airport terminal building and apron have been addressed. The organisation also promised that passenger movement would improve by 2030.

Meanwhile, the Eros airport runway rehabilitation project, aimed at enhancing safety at the airport, will be completed this year.

“The government through the ministry of works and transport has allotted funding amounting to N$155 million, complemented by N$95 million from NAC’s own coffers. The project is a work in progress and is expected to be concluded by September 2020,” he said.

He added that the project has been placed on a public bidding process which is due to close on 4 February. Construction work is planned to be completed by the end of May.

Hangala also said the organisation is still hounded by negative criticism, despite considerable efforts to regain stakeholder confidence.

“Shortage of skills in the aviation sector still remains a concern, therefore significant investment is required for capacity development to ensure that we continue managing safe and secure airports in line with the applicable standards and regulations. The ageing infrastructure coupled with resource constraints impact the timeous execution of plans geared towards fulfilling our mandate,” he said.

Hangala also said the organisation is still struggling to collect outstanding debts to improve its financial position.

“To this end, the board has mandated management to reassess all the company’s commercial agreements to ensure that they are in line with the reigning economic climate,” Hangala said.

[email protected]

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Namibian Sun 2024-04-26

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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$ 2 335.75/OZ UP +0.22% | Copper US$ 4.53/lb UP +0.35% | Zinc US$ 2 860.40/T UP 0.21% | Brent Crude Oil US$ 89.11/BBP UP +0.24% | Platinum US$ 912.11/OZ DOWN -0.0041