/Windhoek Country Club resort best-run state-owned company

Windhoek Country Club resort best-run state-owned company

As testimony to the enormous turnaround accomplished at the Windhoek Country Club Resort and Casino, it presented its shareholder, the Government of Namibia, with a cash contribution of N$6 million. This once-struggling state-owned enterprise now has more than N$50 million in reserves.

At a ceremony on Monday 02 December, the chairman of the Country Club’s board, Mr Sven Thieme presented the Ministry of Public Enterprise and the Ministry of Environment and Tourism with a rather large facsimile of the notification of a funds transfer of N$6 million for the redemption of preferential shares.

Source & Copyright and Read More: https://economist.com.na/49402/tourism/windhoek-country-club-resort-best-run-state-owned-company-minister/