Rössing Uranium spends N$3.4 billion Locally in 2022

Rössing Uranium has been recognised for its substantial economic impact on Namibia. According to the recently released Sustainability and Performance Report, the company spent N$3.4 billion on goods and services within Namibia in 2022, marking a 14%increasefromthepreviousyear.

With a focus on supporting local suppliers and small and medium-sized enterprises (SMEs), Rössing allocated 74% of its procurement expendituretolocalbusinesses.

Notably, the company procured N$110 million worth of goods and services from SMEs during thesameyear Beyonditsprocurementactivities, Rössing Uranium serves as a major employer, with over 6 000 individuals benefitting from its job opportunities. The company also contributes significantly to the Namibian government through the payment of taxes and royalties. As one of the country's key economic players, Rössing playsapivotalroleintheErongoregion andthenationasawhole.JohanCoetzee,CEOof Rössing Uranium, expressed pride in the

Continues on page 2 company's significant contribution to the Namibian economy

He emphasised their commitment to collaborating with the government and other stakeholders to ensure the nation benefits from their operations.

Rössing Uranium's

Nampol Meets With Taxi Drivers

The Walvis Bay Taxi Drivers attended in large numbers a meeting hosted by the Erongo police at the Mautamenene Fire Station in the town on Wednesday. Pressing matters pertaining to the safety and security in this high-risk transportationindustryoftaxidriverswerediscussed.

Swakopmund Municipal Council Unveils Ambitious Budget for 2023/24

Focus on Infrastructure Development and Service Improvement

At a recent Swakopmund council meeting, CouncillorWilfried Groenewald, Chairperson of the Management Committee, presented the budget highlights for the fiscal year 2023/24. The council's vision aims to transform Swakopmund into a smart city and a hub of opportunities while providing quality services and efficient governance to its residents.

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Namport CEO Emphasises Collaborative Partnerships during Kenyan Courtesy Call

Themeetingwasfirstsuggestedby a disgruntled taxi driver during the publicengagementwiththeInspector General of the Namibian Police Force, Joseph Shikongo that took placeon16May Attheevent,inhis Continues on page 2 opening remarks, Erongo police's UnitCommanderforCommunityAffairs,.InspectorIleniShapumbasaid, “thereisaneedforpoliceandthetaxi drivers to engage and create a

The budget, totalling N$685 million, reflects the council's commitment to longterm development and sustainability It is the result of months of hard work bythededicatedteam of officials, led by Chief Executive Officer Mr Alfeus Benjamin and his executive team of GeneralManagers.

Groenewald emphasised the challenge of striking a balance between the needs of vulnerable residents, future planning, and economic pressures faced by ratepayers

The budget aims to address these challenges by making sig- nificant investments in the city's infrastructure.

Notably, N$158 million is allocated for capital expenditure, with N$79 million earmarked for upgrading and expanding water and sanitation infrastructure The council intends to Continues on page 2

Continued from page 1 economicimpactextendsfarbeyond jobcreationandtaxes.Thecompany actively supports local businesses and engages in social responsibility initiatives, particularly in education and community development programs.

TheSwakopmundMunicipalCouncil commended Rössing Uranium for its continuous support and positive contribution to the economy of theentireErongoRegion.Asoneof the region's largest employers, the

Nampol

company has a profound influence on the local economy The council also expressed gratitude for the partnership with Rössing Uranium and looks forward to working together to strengthen the future of theErongoRegion.

RössingUraniumhasestablisheditself as a responsible corporate citizen, dedicated to bolstering the Namibian economy and fostering sustainable development within the region.

Source:BusinessExpress