MUN worried by the sale of Rössing
Featured

08 February 2019 Author  
The Mineworkers Union of Namibia (MUN) is worried that the selling of Rio Tinto shares in Rössing Uranium to China National Uranium Corporation Limited (CNUC Ltd) will have a negative impact on its members and the communities at large.
Rössing Uranium was sold to CNUC Ltd last year in November for N$1,5 billion.
A statement issued on Tuesday by the MUN Acting President Allen Kalumbu, said the sale will see 90 percent of the country’s uranium owned by Chinese state owned companies.
It added that the union fears that this will be a direct monopoly which might have a negative impact in the near future, considering the negative history the country has with Chinese companies in the country.
“However we would like to believe that government and MUN will work closely to manage this new owners that they don’t they don’t come up with conditions directly and indirectly to negatively affect our members, the Mineworkers Union will not fold its hands backwards when members’ interest is threatened,” it warned.
MUN pointed out that it is aware that the life of Skorpion Zinc is coming to an end and jobs for young Namibians employed at that facility are the line.
The only possible approach is that the new deposit found at Gergarub Mine in Rosh Pinah be expedited to open and create jobs for Namibians, the statement read.
The union also stated its concerns about the delay in government intervention into this matter; they noted that such inaction is unacceptable.
The statement concluded that job security for its members is MUN’s priority and they want to work with investors who have long term solutions to the current unemployment problem, and not those who will make the area a “ghost town when they leave.”
The union demanded that, “Investors must honour all existing agreements.”
(NAMPA)
 
 

WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

Contact Us

Windhoek Observer House
c/o John Meinert & Rossini Street
Windhoek West
Namibia
Tel: +264 61 411 800
Fax: +264 61 226 098
www.observer.com.na