Why 25% of NAM-MIC
NAM-MIC is a direct creation of the Mine Workers Union of Namibia and has its mandate to find and grow investments and to improve the life of MUN members, both current members and former members. From an initial investment of only N$ 600 000 to an audited value of over N$ 400 million.
NAM-MIC over the years has come to own a great portfolio of strong companies in whom it owns shareholdings of differing percentages. NAM-MIC has always wanted to offer greater benefits to MUN’s former and present members. From this desire, NAM-MIC helped to create NAMITVEST, an entity that is now able to give direct benefits to MUN members in the form of UNITS. And even without this link, NAM-MIC’s amazing performance would still make it a great investment to any company looking for an asset. This is an asset that is now available to all our UNIT holders at a discount.