Jerry Muadinohamba bids Namport Board farewell

Namport announced this week its Board Chairman Jerry Muadinohamba’s two terms expired and he subsequently bid the ports authority farewell. Namport released the following statement:

“The Namibian Ports Authority (Namport) Chairperson of the Board of Directors, Mr Jeremiah Lucas Muadinohamba chaired his last statutory Board meeting on 27 September having served as the Board Chairperson since October 2010.
It is with great pride that we reflect on an eventful six years during which Mr Muadinohamba diligently steered the Authority from a fairly medium sized Public Enterprise into the regionally acclaimed and logistics and maritime industry leader.
He holds strong convictions in supporting government’s efforts of poverty eradiation, education and skills development as well as a strong passion to ensure participation of the majority of Namibians in the mainstream economy.
Under his leadership, alongside his team of directors, the following are some of the highlights:
Balance sheet of N$2.6 billion to the present asset base of N$6.1 billion, underpinned lately by the flagship New Container Terminal Project, which is currently being rolled out at the Port of Walvis Bay and was initiated under his stewardship in 2012.
Upon completion, this will add a total of N$4.3 billion to the asset base of the Authority and will see the annual throughput capacity increase threefold from the current 350 000 Twenty Foot Equivalent Units (TEUs) to 1 050 000 TEU’s’.
The Port localisation strategy that has seen the Authority localise a majority of its procurement requirements. Namport now boasts of acquiring an average of 80% of its total goods and services from Namibian registered and owned companies, thanks to the localisation drive while Small to Medium Enterprises now constitute meaningful role players in the overall Authority’s supplier complement.
The Port has embarked on employment schemes which specifically targeted members of the marginalised communities for training and employment by Namport, with the ultimate view to put them in a strong stead to plough back into their own communities.
Awarded bursaries to under-privileged and deserving students for studies both locally and abroad with the specific brief to enable these beneficiaries to take both Namport and the country forward.

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