16 feb namib times e edition

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namib times

SERVING THE COASTAL COMMUNITY SINCE 1958 NO 6727 FRIDAY 16 FEBRUARY 2018 Tel: +264 64 - 205854 / +264 64 - 461866 /Fax: +264 64 - 204813 / 064 - 461824 / Website: www.namibtimes.net

Namibia ready for first Lithium export First export of 30 000 tons of Lithium to China via the port of Walvis Bay takes place within a month

inside Mayor’s Corner

Mining history is in the making for Namibia with the first consignment of 30 000 tons of Lithium due for export to China through the port of Walvis Bay. The first export consignment is due within a month and thereafter Lithium exports will take place every six months, the Namibia Ports Authority (Namport) confirmed in a statement yesterday. Page 5

Mr Immanuel !Hanabeb, Namport's Executive: Commercial yesterday said Namport is proud to be associated with this project and the long-term benefits it will bring to the Namibian economy. Adding the export of Lithium is another step closer to the reality of Walvis Bay and the port becoming a logistics hub”. In the statement yesterday Namport said further: “The Namibian Ports

Chinese New Year Celebrated

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40 000 tons of ce- Days over for quick ment clinker off- and easy profits in loaded in the port the fishing industry of Walvis Bay A total of 40 000 tons of bagged cement clinker is currently offloaded from the bulk cargo ship Magnum Power in the port of Walvis Bay. The clinker is destined for Cheetah Cement at Otjiwarongo, Namport confirmed yesterday in a statement. Cement clinker is the key ingredient in the manufacturing of Portland cement. It is ground to a fine powder and used as the binder agent in many cement products. The clinker was imported from China and it will

require twenty days and seventy truck loads to deliver the last clinker to Cheetah Cement. Said Namport's Executive: Commercial, Mr Immanuel !Hanabeb: “This proves once again the logistical extent Namport can cater to clients with consignments which

require a longer period of offloading and minimal storage at the Port of Walvis Bay. We assist clients to find workable solutions for the benefit of our clients and maintain throughput capacity at our Ports during these economic times.”

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Locker vom Hocker

Fisheries Minister Bernhardt Esau reconfirmed his intentions yesterday to implement the so-called Scorecard system, by which the performance of fishing right holders will be measured in terms of re-investing profits in the development of Namibia's fishing industry and creating sustainable jobs. The Minister made these remarks at the launch ceremony of Ehanga Fishing's newly refurbished fishing vessel, Ehanga Bay (see pictures on page 3). "Right holders should not expect the automatic allocation of fishing quotas just because they have a right. If you score zero on investment you will not receive fish quotas associated with that

criteria", the Minister warned. Adding the days are long gone whereby fishing quotas are simply sold off to other operators in the fishing industry for a quick profit. Many beneficiaries never re-invested part of these profits and also never took a business risk upon themselves in the fishing industry. The same goes for job creation. The Minister

explained job creation is one of the pillars of the fishing industry. He urged the industry to balance the number of jobs and the quality of jobs against every metric ton of fishing quotas allocated. The Minister is expected to continue on this topic today when he addresses the fishing industry in his Annual Address to the Fishing Industry in Walvis Bay.

Pages 14 &15

Bank Windhoek Fistball Leaque

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