REPRESENTING: Members of a delegation from Namport and the Walvis Bay Corridor Group who visited Zambia and the Democratic Republic of Congo recently. Photo: Namport
REPRESENTING: Members of a delegation from Namport and the Walvis Bay Corridor Group who visited Zambia and the Democratic Republic of Congo recently. Photo: Namport

WBCG, Namport on the move

Staff Reporter
A delegation of representatives from Namport and the Walvis Bay Corridor Group (WBCG) visited Zambia and the Democratic Republic of Congo recently.

The team conducted a corridor assessment tour of the Walvis Bay-Ndola-Lubumbashi development corridor (WBNLDC) and assessed key border infrastructure.

They also gained an understanding of the advantages and disadvantages of trading through the port of Walvis Bay through the WBNLDC, and promoted the export and import of goods through the corridor.

The delegation used the opportunity to visit clients while promoting business development initiatives through the use of the corridor, led by Namport’s board chairperson, Nangula Amunyela.

The WBNLDC provides the shortest route between the Namibian west coast ports of Lüderitz and Walvis Bay and the vital transport hubs of Livingstone, Lusaka and Ndola in Zambia, Lubumbashi (southern Democratic Republic of Congo) and Zimbabwe.

The corridor is perfectly positioned to service the two-way trade between the SADC region and Europe, North and South America and emerging markets in the east.

The other two corridors, namely the TransKalahari corridor and the Trans-Cunene corridor, service the two-way trade between South Africa, Botswana, Zimbabwe, Europe, the Americas and the Far East, with the latter corridor servicing the two-way trade between Angola, Namibia, South Africa, Europe, the Americas and the East with a rail line that has been completed up to the Angolan border.

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Republikein 2024-07-27

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Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV Katima Mulilo: 12° | 33° Rundu: 11° | 31° Eenhana: 11° | 33° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 14° | 27° Otjiwarongo: 9° | 26° Omaruru: 9° | 27° Windhoek: 8° | 24° Gobabis: 5° | 23° Henties Bay: 11° | 16° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 22° Mariental: 5° | 19° Keetmanshoop: 4° | 16° Aranos: 5° | 20° Lüderitz: 10° | 20° Ariamsvlei: 6° | 14° Oranjemund: 10° | 15° Luanda: 19° | 21° Gaborone: 8° | 23° Lubumbashi: 12° | 31° Mbabane: 10° | 27° Maseru: 1° | 11° Antananarivo: 10° | 25° Lilongwe: 15° | 29° Maputo: 18° | 33° Windhoek: 8° | 24° Cape Town: 9° | 13° Durban: 14° | 20° Johannesburg: 8° | 16° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 14° | 28° Currency: GBP to NAD 23.47 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.31 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 387.02/OZ UP +0.98% | Copper US$ 4.11/lb DOWN -0.001 | Zinc US$ 2 678.50/T DOWN -0.29% | Brent Crude Oil US$ 80.81/BBP DOWN -0.022 | Platinum US$ 935.05/OZ UP +0.34% Sport results: Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV Weather: Katima Mulilo: 12° | 33° Rundu: 11° | 31° Eenhana: 11° | 33° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 14° | 27° Otjiwarongo: 9° | 26° Omaruru: 9° | 27° Windhoek: 8° | 24° Gobabis: 5° | 23° Henties Bay: 11° | 16° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 22° Mariental: 5° | 19° Keetmanshoop: 4° | 16° Aranos: 5° | 20° Lüderitz: 10° | 20° Ariamsvlei: 6° | 14° Oranjemund: 10° | 15° Luanda: 19° | 21° Gaborone: 8° | 23° Lubumbashi: 12° | 31° Mbabane: 10° | 27° Maseru: 1° | 11° Antananarivo: 10° | 25° Lilongwe: 15° | 29° Maputo: 18° | 33° Windhoek: 8° | 24° Cape Town: 9° | 13° Durban: 14° | 20° Johannesburg: 8° | 16° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 14° | 28° Economic Indicators: Currency: GBP to NAD 23.47 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.31 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 387.02/OZ UP +0.98% | Copper US$ 4.11/lb DOWN -0.001 | Zinc US$ 2 678.50/T DOWN -0.29% | Brent Crude Oil US$ 80.81/BBP DOWN -0.022 | Platinum US$ 935.05/OZ UP +0.34%