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New Era Newspaper Friday April 6, 2018

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14 INSIDE BUSINESS

14 INSIDE BUSINESS Friday, April 6 2018 | NEW ERA THIS WEEK Compiled from New Era, Economist, The Namibian and AFP Analysts forecast one last interest rate cut before 2019 Windhoek

Friday, April 6 2018 | NEW ERA INSIDE BUSINESS 15 Relief… According to BMI Research, Namibian consumers can expect further monetary easing as the year progresses towards 2019. PERMANENT TEACHING POST One (1) permanent teaching Post is available at David Sheehama Secondary School in Outapi Circuit, Omusati Region. 1. Oshikwanyama and English Grade 11 – 12 Application should be completed on government form Number (156043 or 156094) Minimum requirements: Be a Namibian with BED or equivalent Comprehensive CV academic transcripts Two (2) recent testimonials Supplementary requirements: Sport background will be an added advantage. Due date: 20 April 2018 DAVID SHEEHAMA SECONDARY SCHOOL OUTAPI CIRCUIT OMUSATI EDUCATION REGION NB: Application must be forwarded to: Outapi Circuit P/Bag 506 Outapi D. She e ha m a S.S.Sc hool Education is Life TEL: 065-251004 PRIVATE BAG 501 FAX: 065-251030 OUTAPI Enq: Ms. Nakanyala 04 April 2018 SA craft beer start-up raises more than N million through crowdfunding Drifter Brewing Company have raised more than a million rand through equity crowdfunding on Uprise.Africa according to SME South Africa. Drifter Brewing Company, manufacturers of craft beer, started a crowdfunding campaign to speed up expansion and push their business into the global market. The craft beer company is looking to raise N million locally. At the moment Drifter distributes to more than 360 stores in South Africa and exports to countries like Zimbabwe and Namibia. The company was founded in 2015 and crafts beer varieties like The Stranded Coconut and The Legend Lager. Potential investors will have an opportunity to own equity in the business as well share in the craft beer company’s future growth potential. Nicholas Bush is the founder and head brewer for the craft beer company and the name of the company comes from a yacht that his parents built in the late 70’s. The company is situated in Woodstock Cape Town. Drifter Brewing Company has its own manufacturing facility, a tasting room and a space for events. Their model has been successful with the craft beer company already taking market share from the larger beer brands and has a 120 percent revenue growth over the past three years. They have also acquired partnerships in the United States to start exporting their beer to Texas, Florida and Washington DC. The have also built relationships for future exports to Europe and Asia. The investment will be used to increase production and shelf life MARKET OVERVIEW Speciality… Drifter Brewing crafts beer varieties like The Stranded Coconut and The Legend Lager which are exported to Namibia and Zimbabwe. of their brew, as well as upscale their production capacity in order to transform their current facility into a world-class brewing hub. They also plan on launching Drifter bars that will serve their speciality brew. – Cape Business Day. Money Market Change Latest Selected NSX Stock 3 months 0.00% 6.89% Symbol Stock Name Spot % Move 6 months 0.02% 7.39% CGP CAPRICORN INVESTMENT GROUP L 1784 0.00% 9 months 0.00% 7.53% NBS NAMIBIA BREWERIES LTD 4500 0.00% 12 months 0.01% 7.79% BVN BIDVEST NAMIBIA LTD 780 0.00% Bonds Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4640 0.00% GC18 (R204 : 6.73%) -0.01% 7.64% ORY ORYX PROPERTIES LTD 2039 0.00% GC21 (R208 : 7.09%) -0.01% 7.91% NAM NAMIBIAN ASSET MANAGEMENT LT 67 0.00% GC24 (R186 : 8.02%) -0.03% 9.24% NHL NICTUS NAMIBIA 180 0.00% GC27 (R186 : 8.02%) -0.03% 9.63% BMN BANNERMAN RESOURCES LTD 34 -2.86% GC30 (R2030 : 8.41%) -0.04% 10.08% DYL DEEP YELLOW LTD 219 0.46% GC32 (R213 : 8.49%) -0.04% 10.20% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 8.78%) -0.04% 10.21% FSY FORSYS METALS CORP 111 4.72% GC37 (R2033 : 8.59%) -0.04% 10.59% TUC TRUSTCO GROUP HOLDINGS LTD 875 0.00% Commodities %Change Latest B2G B2GOLD CORP 3166 -2.49% Gold -0.53% $ 1,326.15 Platinum -0.92% $ 908.91 Copper 0.00% $ 6,724.00 Brent Crude -0.21% $ 67.83 Main Indices %Change Latest NSX (Delayed) -0.01% 1326.40 JSE All Share 2.14% 55,773.42 SP500 1.16% 2,644.69 FTSE 100 1.64% 7,149.25 Hangseng 0.00% 29,518.69 DAX 2.26% 12,227.81 JSE Sectors %Change Latest Financials 2.59% 17,425.28 Resources 2.80% 34,654.46 Industrials 1.93% 72,992.48 Forex %Change Latest N$/US dollar 0.40% 11.9307 N$/Pound -0.01% 16.7268 N$/Euro 0.20% 14.6198 US dollar/ Euro -0.20% 1.2254 Namibia Monthly Data Latest Previous Namibia Inflation (Feb 18) 3.5 3.6 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75 5-Apr-18

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