Namport revenue increases by 11%

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Despite the effects of the COVID-19 pandemic on the logistics industry, Namport's revenue increased by 11% for the fiscal year 2021–2022.

The company's revenue increased from N$1.11 billion during the previous financial year to N$1.23 billion. 

The chief executive officer of Namport says the financial year under review included mixed fortunes for the state enterprise.

Andrew Kanime indicated that the impact of the COVID-19 pandemic resulted in a shortage of vessels for Namibian ports.