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The State-run Namibia Post and Telecommunications Holdings (NPTH) now has every share of Telecom Namibia and 66% of the MTC stakes.
Another condition set by the Commission states that in the two year period, no person who is a director of Telecom Namibia or an employee of Telecom Namibia may serve as a director of either Namibia Post and Telecommunications Holdings (NPTH) or MTC and likewise, no person who is a director of MTC or any employee of MTC may serve as a director of either NPTH or Telecom Namibia.
Telecom Namibia is functioning as a commercialised company and as a subsidiary of its parent company, Namibia Post and Telecom Holdings Limited.
Opener Raymond Van Schoor cracked 60 runs to help Namibia post 140 for 5.
Telecommunications services would be merged in the hands Namibia Post and Telecommunications Holdings (NPTH), says Namibia Consumer Trust (NCT).
About MTC Namibia MTC (Mobile Telecommunications Limited) was established in 1995 as a joint venture between Namibia Post and Telecommunications Holdings (NPTH), Telia and Swedfund.
Shipanga has played in the public, private and financial sectors throughout Namibia, he will initially be seconded on a part time basis as the Executive Chairman of SmartSwitch Namibia (Pty) Limited ("SmartSwitch"), the 50/50 joint venture set up between Namibia Post Limited and Net1.
Though Louis van der Westhuizen, the hero of their last two matches, could score only four, Craig Williams cracked 41 off 26 balls with three sixes and two boundaries to help Namibia post 177 for four.