Stimulus Investments disposed of its 26% interest in Nashua Namibia as well as its 17.6% stake in Khomas Solar Savers to Sedgeley Solar Management. Stimulus now owns 50% in Khomas.
Stimulus Investments disposed of its 26% interest in Nashua Namibia as well as its 17.6% stake in Khomas Solar Savers to Sedgeley Solar Management. Stimulus now owns 50% in Khomas.
Stimulus Investments' total assets under management amounted to N$651.1 million for the financial year ended 28 February, compared to N$648.8 million recorded in the previous.
The two businesses committed to working together by signing Memoranda of Understanding (MOUs), promising to increase the number of women and young people who are gainfully employed in the recycling of plastic waste in addition to accelerating PET collection and recycling nationwide.