{"id":42876,"date":"2023-04-12T18:16:37","date_gmt":"2023-04-12T18:16:37","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana"},"modified":"2023-04-12T18:49:39","modified_gmt":"2023-04-12T18:49:39","slug":"hollard-agrees-to-pay-gondwana","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana","title":{"rendered":"Hollard agrees to pay Gondwana"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Hollard Namibia and Gondwana Collection yesterday announced a settlement regarding Gondwana\u2019s Covid-19 business interruption claim, with each reinforcing their commitment to supporting the Namibian economy in the financial services and tourism sectors.<\/p>\n

In 2021, Gondwana Collection Namibia, a major player in Namibia\u2019s tourism industry, turned to the High Court of Namibia to force short-term insurer, Hollard Insurance Company of Namibia, to pay out what it called \u2018agreed commitments\u2019 under a business interruption claim.<\/p>\n

Gondwana Collection Namibia\u2019s reason for the claim was for a loss of revenue resulting from insured losses the company suffered due to the Covid-19 outbreak and the state of emergency and related measures implemented by government as a result of the pandemic outbreak in 2020.<\/p>\n

Business interruption claims offer businesses protection against financial losses incurred when businesses are unable to operate. However, in the 12 months or so after the Covid-19 outbreak, these specific types of claims raised questions about whether the intended coverage included pandemic-related losses. \u201cAs favourite household brands among Namibians, both companies have consistently demonstrated their commitment to a brighter, more sustainable future for all Namibians. This commitment contributed toward the amicable resolution of the matter, and both parties are satisfied with the outcome,\u201d reads the statement released yesterday.<\/p>\n

In the statement, Gondwana CEO Gys Joubert said it was unprecedented times for the sector as tourism faced significant challenges, forcing many businesses to make tough decisions. Joubert emphasised the need for responsible, client-centric stakeholders and partners to help the wider industry recover and return to pre-pandemic levels.<\/p>\n

Hollard Namibia\u2019s CEO Jaco Lamprecht echoed Joubert\u2019s sentiments, saying, \u201cWe are pleased to have achieved a harmonious resolution with Gondwana, as it is important that we support businesses in their efforts towards rebuilding their operations post the Covid-19 pandemic.\u201d<\/p>\n

The resolution reached between Hollard and Gondwana, according to the statement, demonstrates the effectiveness of collaboration and mutual understanding when it comes to addressing post-pandemic challenges.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Hollard Namibia and Gondwana Collection yesterday announced a settlement regarding Gondwana\u2019s Covid-19 business interruption claim, with each reinforcing their commitment to supporting the Namibian economy in the financial services and tourism sectors. In 2021, Gondwana Collection Namibia, a major player in Namibia\u2019s tourism industry, turned to the High Court of Namibia to […]<\/p>\n","protected":false},"author":84,"featured_media":42875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-42876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nHollard agrees to pay Gondwana - Namibia<\/title>\n<meta name=\"description\" content=\"Hollard Namibia and Gondwana Collection yesterday announced a settlement regarding Gondwana\u2019s Covid-19 business interrup ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hollard agrees to pay Gondwana\" \/>\n<meta property=\"og:description\" content=\"Hollard Namibia and Gondwana Collection yesterday announced a settlement regarding Gondwana\u2019s Covid-19 business interrup ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-12T18:16:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-12T18:49:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/04\/postQueueImg_1681307207.51.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Hollard agrees to pay Gondwana\",\"datePublished\":\"2023-04-12T18:16:37+00:00\",\"dateModified\":\"2023-04-12T18:49:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\"},\"wordCount\":337,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/04\/postQueueImg_1681307207.51.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/hollard-agrees-to-pay-gondwana\",\"name\":\"Hollard agrees to pay Gondwana - 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