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Walvis Bay Port welcomes shipment of 34,000 MT bulk fertiliser

Walvis Bay Port welcomes shipment of 34,000 MT bulk fertiliser
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THE BIDVEST GROUP LIMITED – Trading statement and business update for the ten months to April 2021 - SENS

Bidvest’s executive management are today briefing stakeholders, including shareholders and financial analysts, on the performance of the Group for the ten months ended 30 April 2021. The year-to-date performance has been exceptionally pleasing as the Group’s operating and financial performance exceeded pre-pandemic comparatives. Sequential trading profit growth accelerated in almost all businesses, supported by excellent cash generation, as the benefits of decentralisation and agility materialised. All divisions delivered improved performances compared to the interim period. This is set to accelerate because of the limited demand and restricted trade activity in the last quarter of FY2020. While this update covers the first ten months of the financial year, it is already clear that earnings will exceed

Bagging plant a first for Walvis Bay

As the first of its kind in Namibia and a historic milestone for the port of Walvis Bay, Manica Group Namibia has recently invested in an advanced mobile hopper and bagging system. The bagging plant arrived in Walvis Bay at the end of 2020 and is currently stationed in the port awaiting the arrival of its first shipment. In a nutshell the bagging plant allows for products to be shipped in bulk and bagged at destination; a revolutionary approach to bulk shipping. The Nectar Hopper and Bagging system is one of the world’s most advanced mobile bagging systems and is designed to be completely self-contained. Although technically advanced, it is user friendly and easily operated. Each unit contains 2 bagging lines with built-in scales, strictly certified in accordance with Dutch Weights and Measures (N.M.I), enabling a guarantee of accurately weighed bags and detailed records of delivered and received cargo quantities.

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