Sunday, Nov 23rd

Last updateFri, 21 Nov 2014 9am

You are here: Home

Articles

Corridor reaches trans-Atlantic neighbour

From left to right: Elias Mwenyo (Manager: Sales and Service, Namport), Namibian Ambassador H.E. Lineekela Mboti, Bisey Uirab (Chairman of the WBCG), Johny M. Smith (CEO of the WBCG) at the launch.

The Walvis Bay Corridor Group (WBCG) has expanded its reach to the South American region with the successful launch of the WBCG office in Sao Paulo, Brazil. This office is the first step to establish a direct link between Brazil and Walvis Bay promising importers and exporters a 7-day shipment schedule. The Corridor Group’s strategy is to open up the entire southern African market to the vast manufacturing base of the Brazilian economy. The launch was attended by key stakeholders in the transport community. The event was hosted by the Namibian Ambassador to Brazil, HE Lineekela Mboti. The guests were treated to presentations by the Port of Walvis Bay and the WBCG on the benefits and opportunities on the link between South America and southern Africa.  The keynote speaker for the event, Dr. Joao de Almeida Sampaio Filho, who is the Vice President of Mafriq, has noted the importance for Brazilian firms to explore the SADC market for both imports and exports.  The Marfrig Group is a multinational company with operations in the food and food services sectors in Brazil and in 15 other countries around the world.

Articles In This Category
New fraud surfaces (2131 hits)
Markets
First National Bank (FNB) has issued a warning about a new fraud that seems to be doing the rounds in Namibia. Ingrid Veueza Katjiukua, forensic...
Markets
The Benchmark Retirement Fund, a Namibian umbrella fund, which was founded on 1 January 2000, announced its results for the financial year ending 31...
Markets
Trustco announced this week that it had entered into a tripartite agreement involving subsidiaries Trustco Mobile, Trustco Life, and Shoprite Namibia...
Markets
Daniel Motinga, Senior Manager Research and Development at FNB Namibia has revised the annual GDP growth outlook down from 4,5%to 3,9% in the recent...
Markets
Standard Bank was recently named Best Investment Bank in Africa, as well as the Best Bank in South Africa, by the prestigious international finance...
Markets
Short of saying the Ministry of Finance supports smoking, the CEO of the Tobacco Institute of Southern Africa, Mr Francois van der Merwe said good...
Markets
Despite revenue surging 10%, Bidvest Namibia Ltd’s profits plunged by the same percentage on account of price regulation on fish in the Democratic...
Markets
The past decade has seen short term insurer, Hollard Namibia grow exponentially, to a current turnover of more than N$750million per annum in gross...
Markets
Microsoft has announced the availability of Office 2013 in West, East, Central Africa and Indian Ocean Islands. Office 2013 has been designed to work...
Markets
The House Price Index increased by 8% month on month to 150 basis points in March, according to the latest FNB report. But despite the steady monthly...
Related Articles
Special Focus
President Hifikepunye Pohamba has proposed that Namibia be considered to be part of the North South Corridor project. The President made the remarks...
Special Focus
The Walvis Bay Corridor Group (WBCG) last week announced a N$900,000 funding agreement between itself and the German Federal Ministry for Economic...
Markets
The Walvis Bay Corridor Group (WBCG) hosted an information session in Lusaka, Zambia earlier in August to improve awareness of the benefits of...
Special Focus
Trade route and transport facilitator, the Walvis Bay Corridor Group took the silver award for its “Facilitating trade to and from Southern...
Headlines
The 7th Tripartite Walvis Bay – Ndola – Lubumbashi Development Corridor Technical Committee meeting was held recently at the Grand Karavia Hotel...
Latest Articles
Headlines
It goes without saying that music really is a universal language uniting so many people who flocked to the Hage Geingob stadium for this year’s...
Headlines
In an effort to mitigate the effects of the severe drought experienced in 2013 the Ministry of Lands and Resettlement announced earlier this week...
Headlines
Namibia has joined four other countries in the bid to host the proposed regional centre for the promotion of renewable energy in southern Africa....
Editors Desk
It is not typical for a business editor to advise readers not to overspend but this is exactly what I want to do. One of the important metrics to...
Weather
What Happened? High pressure control on the surface as well as in the upper layers, remains the order of the day. The weather stance at the beginning...