{"id":276987,"date":"2019-08-25T08:10:20","date_gmt":"2019-08-25T06:10:20","guid":{"rendered":"https:\/\/informante.web.na\/?p=276987"},"modified":"2019-08-25T08:10:23","modified_gmt":"2019-08-25T06:10:23","slug":"cadilu-fishing-recognises-and-rewards-employees","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=276987","title":{"rendered":"Cadilu Fishing recognises and rewards employees"},"content":{"rendered":"\n
Business Reporter
\n

THE trustees of the Embwinda Fishing Workers\u2019 Trust received a cheque for N$1, 1 million from Cadilu Fishing to distribute to the employees of Embwinda Fishing.
AT a handing-over ceremony recently Weiltrud Mbumba, representing the shareholders of Cadilu Fishing who is a right holder and shareholder of Embwinda Fishing, handed over the cheque at the occasion and said that Cadilu is pleased to recognise and reward the employees.
\u201cIn today\u2019s tough economic climate, it is so much more gratifying to be able to give back to our hard-working employees. It is thus with great pleasure that we recognise our employees\u2019 contributions to the success of Cadilu Fishing and Embwinda Fishing. We thank you for your commitment.\u201d Mbumba said. <\/p>\n

\"\"
Pictured: Cadilu colleagues Gideon Shitoma, Rosina Moshoeshoe, Ndeshihafela Nghidipaa, Katrina Kamonga, Fransisco Fransisku with Mrs S Mbumba. – Photo: Contributed<\/figcaption><\/figure>\n

Fransisco Fransisku, trustee of the EFWT, conveyed the gratitude of the employees and said that they appreciated the gesture by Cadilu Fishing. \u201cWe are grateful to Cadilu Fishing for the funds received and for recognising our contributions as employees. We also thank Embwinda for creating a conducive workplace.\u201d
In recognition of the employees of Embwinda who catch and process Cadilu\u2019s quota, Cadilu founded the Embwinda Fishing Workers Trust.
Through this trust, employees collectively hold a 12% interest in Cadilu Fishing (Pty) Ltd which enables them to collect dividends based on Cadilu\u2019s economic performance.
The Embwinda Fishing Workers Trust is managed independently by trustees who are employees of Embwinda and appointed by them. From Cadilu\u2019s 2018 income, the trust will distribute N$1.1 million to the employees of Embwinda. Each of Cadilu\u2019s eligible employees receives an equal amount from this dividend and may utilise their funds based on their needs and wants.<\/p>\n<\/div>\n\n\n\n

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