namibian sovereign risk, page-26

Tau and H7,

guys you are right. this is a well understood issue by all parties....and has been for a long time.

issue for BMN has always ben proximity to tourist spots...however i think that peter Christians comments (posted back a bit) to the Namibian press pretty much summed up the quid pro quo.

I know for a fact that BMN and EXT work very closely on BEE issues and are both well regarded entities wiht strong local conetent.

Forget not that LJ, Peter Christians, Steve Galloway, Inge etc are SENIOR DIRECOTRS/EXECUTIVES in their respective BMN and EXT. they are of course all Namibain sons and daughters.


BMN and EXT are ahead of the game in terms of credible, responsible developers in Namibia.