NAC delivers N$7.7m after 20 years

The Namibia Airports Company (NAC) has declared a dividend of N$7.7 million to the government for the first time in 20 years. NAC announced the dividend during its annual general meeting held in Windhoek on Friday. According to the Ministry of Works and Transport, this is the highest dividend declared by NAC since its establishment. Works and transport minister Veikko Nekundi has welcomed the announcement and praises the company’s board, management and employees for the achievement. Nekundi says the payment shows that state-owned enterprises can operate successfully and contribute money to the government. He says the money will help the