Ohorongo Cement – Windhoek Observer

26 Oct

Ohorongo Cement donates over N$26m worth of equipment, supplies to Health Ministry

ObserverObserver MoneyDr Kalumbi Shangula, Health Minister, Ohorongo Cement

Tujoromajo Kasuto Ohorongo Cement today donated more than N$26 million worth of medical equipment and supplies to the Ministry of Health and Social Services (MoHSS). These comprises of 899 300 medical masks and 2 000 surgical gowns. Health Minister, Dr Kalumbi Shangula, at the handover ceremony said the donation serves to support Government efforts in the fight against Covid-19 and to capacitate public health facilities to continue providing health services to the nation. “We have come a long way in the fight against this pandemic. Although positive cases are decreasing, we cannot let our guard down, but should now, more…

Dundee Precious Metals Tsumeb and Ohorongo Cement collaborating to fight COVID-19

ObserverObserver MoneyDundee Precious Metals Tsumeb, Hans Wilhelm Schütte, Ohorongo Cement, Zebra Kasete

Dundee Precious Metals Tsumeb and Ohorongo Cement through the Ohorongo Otavi Community Trust partnered to donate 10 hospital beds and installation of oxygen supply points valued at N$300 000.00 to the Tsumeb District Private Hospital on Thursday, 22nd July 2021. The hospital experienced a shortage of beds and oxygen supply points, which prompted the collaborated assistance from Dundee Precious Metals Tsumeb and Ohorongo Cement. The Tsumeb District Private Hospital have their own oxygen generating plant, the support provided will also relieve the pressure on the Tsumeb State Hospital as the private hospital will now assist more patients with a stable…

Asset manager courts GIPF for Ohorongo buy . . . as IDC plans exit

ObserverObserver MoneyGovernment Institutions Pension Fund (GIPF), NaCC, Namibia Competition Commission (NaCC), Ohorongo Cement, Schwenk Namibia (Pty) Ltd

Staff Writer The Government Institutions Pension Fund (GIPF) has received an unsolicited proposal from one its asset managers seeking financial backing for its plans to acquire Schwenk Namibia (Pty) Ltd, the company which owns and operates the Ohorongo Cement factory. The cement company is now back on the market after the Namibia Competition Commission (NaCC) this month blocked West China Cement Limited from acquiring the business for N$1.5 billion citing the proposed acquisition could be uncompetitive since West China Cement Limited is a majority shareholder in Cheetah Cement, a move which could enable possible collusion and price fixing to the…