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New Era Newspaper Friday May 11, 2018

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14 Friday 11 May 2018 NEW ERA Inside BUSINESS 11th annual Crayfish Festival boosts business for SMEs Tasty… A file photo of Gordon Negongo (left) and Asser Mukapuli preparing crayfish during the Lüderitz Crayfish Festival. •Staff Reporter WINDHOEK -Business development expectations for SMEs were successfully met during the 11th annual Crayfish Festival that recently took place in the coastal town of Lüderitz, according to organisers. One of the objectives of the festival is to ensure that the event creates a platform for SMEs and established businesses within the Lüderitz business community. According to the Lüderitz Town Council this year’s event was ideal for interaction between business and customers, thus contributing to the continued growth of business in Lüderitz. “On average we experienced an increase in the number of visitors who came from all walks of life. We welcomed visitors from the Northern Cape (South Africa) and from all over Namibia. This was due to extra activities that we added to the festival in order to attract the masses. One of the highlights was Windhoek Spin City, which came down to Lüderitz for the first time ever. In comparison to 2017’s event, which recorded about 3,500 visitors, 2018 saw an inflow of more than 3,800,” said the town council’s economic development officer, Peya Junior Mushelenga. He added that businesses attracted significant customers while the sleepy town benefitted from the increased traffic, which was evident from the fact that all accommodation facilities were fully booked a month in advance prior to the event. However, Mushelenga noted that the success was not achieved without some stumbling blocks, which include the lack of an appropriate venue to host the annual event, the high costs of seafood products, which are being subsidised through the festival coffers, and the lack of suppliers for the highly-specialised services needed for an event of this magnitude. These all added to the high costs incurred in hosting the festival. “Useful experiences were gained and lessons were learned … as we take critical stock of challenges facing this local initiative in terms of cost for services, lack of capacity and revenue generation,” Mushelenga said. MARKET OVERVIEW Change Latest 3 months 0.00% 6.90% 6 months 0.00% 7.40% CGP CAPRICORN INVESTMENT GROUP L 1690 -1.74% 9 months 0.03% 7.58% NBS NAMIBIA BREWERIES LTD 4500 0.00% 12 months 0.02% 7.86% BVN BIDVEST NAMIBIA LTD 780 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4614 0.00% GC18 (R204 : 6.75%) 0.00% 7.66% ORY ORYX PROPERTIES LTD 2036 0.00% GC21 (R208 : 7.47%) 0.02% 8.29% NAM NAMIBIAN ASSET MANAGEMENT LT 67 0.00% GC24 (R186 : 8.42%) 0.04% 10.22% NHL NICTUS NAMIBIA 180 0.00% GC27 (R186 : 8.42%) 0.04% 10.32% BMN BANNERMAN RESOURCES LTD 39 -2.50% GC30 (R2030 : 8.84%) 0.05% 10.44% DYL DEEP YELLOW LTD 244 -5.43% GC32 (R213 : 8.92%) 0.04% 10.63% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 9.17%) 0.05% 10.60% FSY FORSYS METALS CORP 107 0.94% GC37 (R2033 : 9.01%) 0.04% 11.01% TUC TRUSTCO GROUP HOLDINGS LTD 830 0.00% %Change Latest B2G B2GOLD CORP 3629 1.71% Gold -0.26% $ 1,311.23 Platinum -0.04% $ 912.78 Copper 0.00% $ 6,745.00 Brent Crude 1.34% $ 76.88 %Change Latest NSX (Delayed) 0.02% 1385.16 JSE All Share 0.48% 57,941.50 SP500 -0.03% 2,671.92 FTSE 100 0.46% 7,600.20 Hangseng 0.44% 30,536.14 DAX 0.00% 12,912.25 %Change Latest Financials 0.38% 17,484.58 Resources 0.73% 38,446.61 Industrials 0.56% 75,545.69 %Change Latest N$/US dollar 0.20% 12.5950 N$/Pound 0.48% 17.1100 N$/Euro 0.32% 14.9617 US dollar/ Euro 0.13% 1.1879 Latest Previous Namibia Inflation (Mar 18) 3.5 3.5 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75 MUNICIPALITY OF SWAKOPMUND COUNTRYWIDE CLEAN-UP CAMPAIGN ON 25 MAY 2018 The Countrywide clean-up campaign will be held on 25 May 2018, all residents in towns, villages and urban centres around the country have been urged to participate in the event. This event was initiated by His Excellency the President of the Republic of Namibia, Dr Hage G Geingob by calling on all citizens to participate in the national cleanup campaign. The Swakopmund Municipality together with coordinate the event locally. The Swakopmund residents are herewith urged to voluntarily support this noble initiative to ensure that Swakopmund and Namibia is kept clean and free from diseases and other illnesses caused by unhygienic environments. All volunteers who will participate at the clean-up campaign should assemble at 7:30 at the Multi-Purpose hall in Mondesa on Friday, 25 May 2018 and will be directed to the assigned area. For any enquiries, do not hesitate to contact Corporate NOTICE NO: 17/2018 M P C Swarts ACTING CHIEF EXECUTIVE OFFICER

Friday 11 May 2018 NEW ERA Inside BUSINESS 15 Expos vital for boosting economic activities Blue team… Standard Bank’s staff members at the gala dinner (from left) Muahala Ya-Kalimbo, Sevelinus Hausiku, Arnold Samakupa, Herodina Hashipara and Jurgen Geiseb. Photo: Contributed •Staff Reporter WINDHOEK - Annual expos and trade fairs hosted by various local authorities across the country are vital for the socio-economic development of those communities, and as such require all stakeholders support to make them a success. These were the sentiments that were recently shared by Standard Bank’s Rundu Branch’s Manager, Muahala Ya- Kalimbo, when she and her team donated a whooping N 000 to the 2018 Nkurenkuru Expo. The cheque was handed over to the Mayor of Nkurenkuru Erastus Kandjimi. “The annual Nkurenkuru Expo has become a great platform for all of us to appreciate and enhance our country’s cultural and traditional diversity. We at Standard Bank are pleased to be associated with this expo aimed at strengthening and promoting the local and regional economy,” Ya- Kalimbo said of their unwavering support for the expo. She explained that as a dedicated corporate sponsor, Standard Bank values the importance of this event because it helps in moving the town forward and promotes development by partnering this way with local authorities. Ya-Kalimbo thanked the Nkurenkuru Expo organisers for their continuous commitment to the people of the town and recommitted Standard Bank’s availability to aiding them move their businesses forward, urging them to talk to the Bank’s business consultants on how best they can help grow their business further. Standard Bank strives to ensure that they are relevant in the communities in which they operate and that they contribute regionally towards the socioeconomic upliftment of those communities. As such, Ya-Kalimbo also highlighted the Bank’s flagship Buy-a-Brick initiative and urged all Namibians to support it. “Our Corporate Social Investment (CSI) initiatives are reflective of national development objectives and priorities by having maximum impact where it is needed most. On that note I would like to make mention of Standard Bank’s Buy a Brick communitybased fundraising initiative. I am immensely proud to be associated with the Buy a Brick initiative which in its first year of inception saw us raising an amount of N.4 million, thanks to your invaluable contributions,” she said. Last year the Bank handed over a total of N million to the Federation. “Since this is an ongoing initiative we encourage every Namibian and the corporate sector to contribute towards the Buy a Brick initiative so that together we can help alleviate the housing shortage in our country,” she reiterated. The Nkurenkuru Expo is scheduled to take place from the 26 June to 2 July 2018. THREE STOREY DWELLING UNIT Take notice that the owner, Sihlahla Emanuel, P.O.Box 90412, Windhoek, intents to apply to the Windhoek Municipal Council for the erection of a three-storey residential building on Erf 345 Township: Eros Park, No. 43 Amasionet Street, Erf 345 is zoned Residential with a density of 1:900m 2 The proposed developments will enable the owner to erect a three-storey residential building. The owner’s current intentions are to erect and use the building soley for residential purposes. Further take notice that the plan of the Erf lies for inspection with the town planning counter in the Rev Michael Scott Street, Windhoek. Further take notice that any person objecting to the proposed building as set out above may lodge such objection together with the grounds thereof, with the City in writing within 14 days of the last publication of this notice NOTICE ENVIRONMENTAL IMPACT ASSESSMENT (EIA) FOR THE PROPOSED FUEL RETAIL FACILITY AT BETHANIE. & INVITATION TO A PUBLIC MEETING EnvironClim Consulting Services (ECS) hereby The Roads Authority was established in terms of Section 2 of the Roads Authority Act, Act no. 17 of 1999. The Authority fully became operational on the 01 April 2000. The Roads Authority is responsible for the management of national road network with a view of achieving a safe and efficient road sector. In its quest to fulfill its responsibility towards the road network, the Roads Authority invites applications from suitably qualified, experienced and professional persons for the following positions: DIVISION: CORPORATE SERVICE SUB-DIVISION: FINANCE 1. PRINCIPAL ACCOUNTANT: FINANCIAL ACCOUNTING, Paterson Job Grade D3, Windhoek Purpose of the Job: The job incumbent is responsible to manage the Financial Accounting function of the Roads Authority and to maintain the Accounting System that provides an efficient chart of accounts. DIVISION: MAINTENANCE 2. ROADS INSPECTOR: MAINTENANCE, Patterson Job Grade: C3, Windhoek Purpose of the Job: To assist the Chief Engineering Manager / Area Manager with contract administration of road maintenance in the area through regular visual inspections on roads & related activities according to contract specifications DIVISION: TRANSPORT INFORMATION AND REGULATORY SERVICES (TI&RS) 3. EXAMINER: VEHICLE AND DRIVER, Patterson Job Grade C2, Otjiwarongo Purpose of the Job: To conduct and administer tests and examinations on vehicles and drivers according to set standards and legislation. If you are interested please visit our website: www.ra.org.na for more information on these vacancies to be able to submit your application. Designated persons as prescribed by the Namibian Affirmative Action Act are encouraged to apply. Only short listed candidates will be notified. No faxed and e-mailed documents. No documents will be returned. CLOSING DATE: 24 May 2018 Project Name: Proponent: Project Location: Public Meeting Date: th Venue: Time: Deadline for submission of comments: 21 st May 2018 To register, submit your details to ECS at: Email: environclim@gmail.com Tel: +264 81 5955643 Roads Authority, Private Bag 12030, Ausspannplatz, Windhoek, Namibia, www.ra.org.na

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