№ files_lp_4_process_3_114675
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Judicial ruling of the High Court of Namibia addressing an application for absolution from the instance in a commercial dispute concerning a bank overdraft facility, alleged breach of a loan agreement, and suretyship liability among several mining-related corporate defendants.
Year:
2025
Country:
Namibia
City:
Windhoek
Court:
High Court of Namibia (Main Division)
Case number:
HC-MD-CIV-ACT-CON-2023/02702
Neutral citation:
[2025] NAHCMD 566
Date of hearing:
1 July 2025
Date of decision:
22 September 2025
Judge:
Honourable Lady Justice Prinsloo
Type of document:
Court ruling
Parties:
Nedbank Namibia Limited; EVS Mining Contractors (Pty) Ltd; Epangelo Mining Company (Pty) Ltd; Vigor Mining Services CC; Sidadi Namibia Investments (Pty) Ltd
Subject matter:
Commercial banking facility, overdraft agreement, suretyship obligations, loan repayment dispute
Claim amount:
N$10,479,829.33 with interest at 16.80% per annum
Procedural posture:
Application for absolution from the instance during trial proceedings
Outcome:
Application refused; matter postponed for continuation of trial on 3 and 5 December 2025
Related legislation:
Banking Act 23 of 1965; Close Corporations Act 26 of 1998
Price: 8 / 10 USD
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Year:
2018
Region / City:
Windhoek
Topic:
Contract Law
Document Type:
Court Ruling
Institution:
High Court of Namibia
Author:
USIKU J
Target Audience:
Legal Professionals
Period of Action:
2014–2018
Approval Date:
19 July 2018
Date of Changes:
N/A
Year:
2022
Region / City:
Windhoek
Subject:
Law of Contract, Insurance, Civil Procedure
Document Type:
Court Ruling
Organization:
High Court of Namibia
Author:
MASUKU J
Target Audience:
Legal professionals, parties involved in the case
Effective Period:
19 September 2022
Date of Approval:
19 September 2022
Date of Amendments:
None
Contextual Description:
A legal ruling on a case involving a dispute over an insurance claim following a vehicle accident, focusing on the application for absolution from the instance.
Year:
2019
Region / City:
Johannesburg
Topic:
Financial Instruments
Document Type:
Market Notice
Issuer / Institution:
JSE Limited
Author:
JSE Limited
Target Audience:
Investors, Financial Institutions
Effective Period:
1 August 2019 – 1 August 2022
Approval Date:
30 July 2019
Amendment Date:
N/A
Year:
2016
Region / City:
South Africa
Topic:
Financial Instruments
Document Type:
Market Notice
Issuer:
JSE Limited
Author:
Nedbank Limited
Target Audience:
Investors, Financial Institutions
Period of Validity:
2 September 2016 – 31 March 2028
Approval Date:
2 September 2016
Modification Date:
None
Instrument Type:
CPI Tap Issue
Bond Code:
NILB15
Nominal Issued:
R 100,000,000.00
Issue Price:
160.33754%
Coupon:
2.60%
Coupon Rate Indicator:
Inflation Linked
Final Maturity Date:
31 March 2028
Interest Payment Dates:
31 March, 30 September
Issue Date:
2 September 2016
Interest Commencement Date:
14 April 2015
ISIN:
ZAG000125279
Additional Information:
Unsubordinated Notes, Electronic Settlement
Date:
7 September 2016
Subject:
Tap Issue
Issuer:
Nedbank Limited
Exchange:
JSE Limited
Instrument Type:
CPI-linked Notes
Bond Code:
NILB15
ISIN:
ZAG000125279
Tap Amount:
R 150,000,000.00
Total Amount Following Tap Issue:
R 362,477,248.00
Nominal Issued:
R 150,000,000.00
Issue Price:
160.47496%
Coupon:
2.60%
Coupon Rate Indicator:
Inflation Linked
Trade Type:
Inflation
Issue Date:
5 September 2016
Interest Commencement Date:
14 April 2015
First Interest Date:
30 September 2015
Interest Payment Dates:
31 March, 30 September
Books Close Dates:
26 March, 25 September
Last Day to Register:
By 17:00 on 25 March, 24 September
Final Maturity Date:
31 March 2028
Date Convention:
Following
Additional Information:
Unsubordinated Notes
Settlement System:
Central Depository (CSD), electronic settlement in terms of JSE Rules
Contact Person (Issuer):
Mario Visnenza, Nedbank Capital
Contact Phone (Issuer):
+27 11 535 4001
Contact Department (Exchange):
Corporate Actions, JSE
Contact Phone (Exchange):
+27 11 520 7000
Year:
2016
Region / City:
South Africa
Document Type:
Market Notice
Instrument Type:
CPI-Linked Bond
Issuer:
NEDBANK LIMITED
Bond Code:
NILB15
Nominal Issued:
R 12,477,248.00
Total Amount Following Tap Issue:
R 112,477,248.00
Issue Price:
160.291760%
Coupon:
2.60%
Coupon Type:
Inflation Linked
Final Maturity Date:
31 March 2028
Books Close Dates:
26 March, 25 September
Interest Payment Dates:
31 March, 30 September
Last Day to Register:
25 March, 24 September
Issue Date:
1 September 2016
Interest Commencement Date:
14 April 2015
First Interest Date:
30 September 2015
ISIN:
ZAG000125279
Additional Information:
Unsecured Unsubordinated Notes, settled electronically via Central Depository
Year:
2016
Jurisdiction:
Abu Dhabi Global Market, United Arab Emirates
Document Type:
Court Form / Legal Filing
Subject:
Employment Claim
Court:
Court of First Instance, Employment Division
Parties:
Claimant(s) and Defendant(s)
Filing Requirements:
Representation details, Contact information, Addresses for service
Legal Basis:
ADGM Court Procedure Rules 2016, Practice Direction 4
Forms Referenced:
CFI 8, CFI 9, CFI 12C, CFI 34
Verification:
Litigant in person or Legal Representative certification
Notice:
Service procedures inside and outside the UAE
Year:
2023
Region / City:
Global
Topic:
Instance Refresh Tool, Data Privacy, Cloud Support
Document Type:
Instruction Manual
Organization:
SAP
Author:
SAP Support Team
Target Audience:
SAP Cloud Product Support Team, IT Administrators, Business Process Owners
Effective Period:
Ongoing
Approval Date:
Not specified
Change Date:
Not specified
Year:
2018
Region / City:
Windhoek
Topic:
Contract Law
Document Type:
Court Ruling
Institution:
High Court of Namibia
Author:
USIKU J
Target Audience:
Legal Professionals
Period of Action:
2014–2018
Approval Date:
19 July 2018
Date of Changes:
N/A
Year:
2023
Region / city:
Providence, Swedish, Kadlec, St. Joseph Health, Community Connect
Theme:
Healthcare IT, Epic implementation, system upgrades
Document Type:
Internal report
Organization:
Providence, Swedish, Kadlec, St. Joseph Health, Community Connect
Author:
Epic implementation team
Target audience:
Healthcare administrators, clinical informatics teams, Epic users
Effective period:
2023
Approval date:
N/A
Date of changes:
N/A
Year:
2022
Region / City:
Windhoek
Subject:
Law of Contract, Insurance, Civil Procedure
Document Type:
Court Ruling
Organization:
High Court of Namibia
Author:
MASUKU J
Target Audience:
Legal professionals, parties involved in the case
Effective Period:
19 September 2022
Date of Approval:
19 September 2022
Date of Amendments:
None
Contextual Description:
A legal ruling on a case involving a dispute over an insurance claim following a vehicle accident, focusing on the application for absolution from the instance.