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New Era Newspaper Thursday February 15, 2018

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12 Inside BUSINESS

12 Inside BUSINESS Thursday, February 15 2018 | NEW ERA JOHANNESBURG South Africa’s rand held its ground against the U.S. dollar on Wednesday even as uncertainty swirled around President Jacob Zuma’s future, nearly a day after his ruling ANC party said it had recalled him from his post. Zuma, dogged by allegations of corruption since coming to power in 2009, is under pressure to step down ahead of 2019 national elections which will likely see his deputy Cyril Ramaphosa, a former businessman preferred by investors, become the country’s new president. The rand, which has strength- Namibia Development Corporation NOTICE NO. : 01/2018 : REQUEST FOR THE SUBMISSION OF COMPANY PROFILES FOR THE PROVISION OF GOODS, WORKS & SERVICES TO NAMIBIA DEVELOPMENT CORPORATION (NDC) PURPOSE NEEDS TO PROCURE NB: : To obtain company profiles from suppliers interested in conducting business with NDC in respect of the supplying of goods, works and services to be procured through the 2018/2019 financial year. Companies are requested to submit the relevant documentation and clearly indicate the types of goods and services it wishes to render and same should correspond with the nature of business stated in the founding statement or amendment. : GOODS: Supply of newspapers, periodicals, books & other media publicity materials Supply of Stationeries / Genera Office Supplies Supply of cleaning materials and equipment or related materials & supplies Supply of computer, networking equipment and related goods Supply of equipment, tools and materials Supply of cellular phone, tablets and electronic accessories Supply of gifts Supply of office furniture Supply of hygiene related supplies Supply of refreshments Supply of security equipment and related supplies Supply of promotional items Supply of photocopiers Supply of protective clothing and garment related products Supply of Tyres & related items Supply of Fuel, oil & vehicle items Supply of Horticulture related goods (fertilizer, chemicals and other) Supply of Cattle feed, fodder & supplements Supply of Cattle production related items Supply of Grocery related items (maize meal & other) Supply of packaging material Supply of raw Gemstones Supply of electrical motors CONSULTANCY SERVICES: Architecture Services Quantity Surveying Services Land Surveyors Engineering Services Agriculture Services Software Development Services Accpac Support Services African National Congress elected Ramaphosa to succeed Zuma as party leader in December, has traded nervously in recent weeks as Zuma resists calls to reliquish his post, insisting he has done no wrong. The local currency fell to 11.99 early on Tuesday as markets awaited the outcome of an ANC meeting on his fate, before climbing to around 11.88 later in the day after the party said it was recalling him. Zuma has however remained mum on whether he will heed the ANC’s call. The rand held its own on Wednesday as optimism remained that Zuma would eventually cave in, and was at 11.86 versus the greenback at 11:50 am, more or less where it WORKS: Operational equipment & Office equipment Supply & Installation of Water Meters and related items Supply of electrical and mechanical services Engineering Services Interior design services Software design services Surfacing of Roads Building Construction inclusive of sanitation, painting and other related works NON-CONSULTANCY SERVICES Supply of air tickets and transportation services Data Communication Services Service of operational equipment (elevators, machinery etc.) Service of air conditioners, fire extinguishers. Service of security system (access control, alarm systems & surveillance cameras) Advertisement Printing Event Management & Decorations Hospitality & Catering Services Computers Software Licenses Rental of Photocopiers Branding Services Cleaning Services Security Services Occupational Health & Safety services Training providers : The documents outlined below are mandatory in order to be eligible to participate: A valid company Registration certificate An original valid good standing Tax Certificate An original valid good standing Social Security Certificate A valid Affirmative Action Compliance Certificate, A certificate indicating SME Status (for Bids reserved for SME’s) NDC has the right to: (a) Seek clarifications when evaluating company profile and (b) Rejects company profiles, if the above-mentioned is not adhered to. (c) Due to security reasons, some services may require vetting (d) NDC reserves the right to add compliant company profiles was in late Tuesday trade. “The South African Rand performance will probably be influenced by the expected announcement from President Zuma later today, following yesterday’s reports that the ANC formally asked him to stand down,” said Jameel Ahmad, global head of currency strategy and market research at FXTM. “If President Zuma does agree to step down then it would likely have a positive impact on the rand. The cur- in the aftermath of the ANC conference outcome late last year, and would be expected to follow a similar pattern if Zuma agrees to leave his post.” - NAMPA/ANA CLOSING DATE : Friday, 09 March 2018 @ 11:00 NB: Submission of profiles are to be submitted in sealed envelopes marked with Notice Number and should be delivered at NDC Tender Box, NDC Head Office, 11 Goethe Street, Windhoek ENQUIRIES : Natalia Nandago E-MAIL TEL: 061-2062340 CAPE TOWN Challenges around water management in South Africa were already significant and the resource’s scarcity was the biggest risk to South Africa’s growth and development. This is according to Trevor Balzer, the national department of water and sanitation (DWS) deputy director-general for strategic emergency projects, during a presentation on Wetlands at the Pretoria Botanical Gardens recently. Balzer said South Africa’s water ZURICH Swiss banking giant Credit Suisse reported Wednesday a sharp cut in its annual net loss despite US President Donald Trump’s US tax reforms. It reported a loss of 983 million Swiss francs (US.05 billion) in 2017, down from 2.7 billion Swiss francs the previous year. The second-largest Swiss bank had warned in December that the US tax reforms would hit its fourth-quarter results. In the last four months of the year, net losses were 2.1 billion Swiss francs, slightly less than forecast by analysts interviewed by Swiss agency AWP who had pre- Over the year as a whole, the bank exceeded its cost reduction target, SYDNEY Energy giant Woodside said Wednesday it was raising Aus.5 billion (US.97 billion) to fund the purchase of Exxon- Mobil’s stake in an Australian to benefit from an expected jump in global LNG demand. to increase its interest in the Scar- Australia came as rising prices and low production costs helped it post an 18 percent jump in net Under the agreement with Exxon- Mobil, Woodside would acquire scarcity could get rapidly worse as supply contracts and demand escalates due to population growth, urbanisation, unsustainable use, water losses and a decrease in rainfall due to climate change. Touching on DWS’s National Water and Sanitation Master Plan 2030, Balzer pointed out that the water scarcity in Cape Town demanded that “we should now start to do things differently to protect our ecological systems”. He added: “If we do that, we will be able to re-invent our river systems which we have damaged.” - NAMPA/ANA billion to bringing its operating cost base down to 17.7 billion Swiss francs. It was the second year of a threeyear reorganisation of the bank’s activities to focus on wealth management over merchant banking. The repositioning aims to reduce the volatility of the group’s results, as merchant banking activities are more sensitive to market turmoil than asset management. “2017 was a crucial year of delivery in our three-year restructuring plan, after 2016, which was a year of deep and radical reorganisation,” chief executive Tidjane Thiam was quoted as saying in a company statement. “It was key for us to demonstrate that our new structure is effective and that the strategy formulated in 2015 is working.” - NAMPA/AFP the US oil and gas giant’s 50 percent holding in Scarborough to take its overall interest to 75 percent. The world’s biggest miner BHP owns the remaining 25 percent. Woodside said the acquisition, set to be completed by the end of March, would cost about US4 million, with the remainder of the equity raised to fund the development of Scarborough and other projects “The acquisition of the additional interest in Scarborough provides greater alignment, control and certainty over a low-cost, high-value opportunity ahead of a global LNG supply gap,” Woodside chief Peter Coleman said in a statement. The company said it expected glob- increase over the next few years as the energy mix shifts to gas. Economic growth and public policy changes were underpinning Asian LNG demand growth, to investors, with Chinese demand forecast to grow at a seven percent compound annual rate to 2025. Shares in Woodside went into a trading halt Wednesday ahead of the announcement. They last traded at Aus.08. - NAMPA/AFP

Thursday, NEW February 15 2018 | ERA Inside BUSINESS WOEMA 13 Haval is the automotive company to watch – CAR Magazine Nissan to unveil new X-Trail Nissan is about to launch the next generation of the X-Trail. The new model, set for release in coming weeks, has the luxury and performance of an accomplished SUV and the smarts of a hightech multipurpose vehicle. The new Nissan X-Trail comes with a much more powerful engine and space for seven passengers, interior upgrades that will allow mountain bikes the kids enjoy the premium feel on long road-trips to the grandparents over the holidays. It also features Nissan Intelligent Mobility function that enables drivers to see more around them, with premium technology like Intelligent Emergency Braking and Lane Departure Intervention. The new Nissan X-Trail comes with a six-year/150,000km warranty, a three-year/90,000km service plan and 24-hour roadside assist. Mahindra has a new bakkie in the market Staff Reporter Windhoek Indian car manufacturer, Mahindra, has a new bakkie in the market, which comes with an improved power output of 103kW in its turbodiesel model and a new towing capacity of 2500 kg. It also now features a 6-speed gearbox and new interior that boasts a large six-inch full-colour touchscreen display on the S10 Double Cab models. On the outside, the new changes STAFF REPORTER are to the front where the grille, headlights, bonnet and foglamps A relatively have recent all undergone new-comer a to substantial Namibia’s redesign. automotive market, is Haval The - new a giant grille trademark design in is the smarter, Chinese SUV utilising industry. a The glossy Haval brand made its formal arrival on accents, local shores as at well the end as of a May more last prominent year. Known Mahindra for being the badge, premium while and superior the lower SUV air brand intake of China, has been Haval reshaped Motors introduced to provide its entry a stronger level Haval visual H2 integration for sale. o say with that the Haval grille. is “massive” Black mesh in its inserts Chinese are home consistently market an applied understatement. to both the Rather main like grille saying and the that lower Usain air Bolt intake, is a “fairly creating brisk” a more runner. consistent appearance. After all, it sells over a million The SUVs headlights per annum on either in China. side of A the million! grille And are also now completely Haval’s fast new, gaining with global a cleaner, applause, more including locally, appearance just garnered and a new the resolute curved “Company LED to daytime Watch” award running from light CAR signature magazine. This for was the part S10 of Double the “Special Cab. Awards” accorded by The Haval brand, which is quite popular in China, is making quite a name for itself in the local market. Photo: Contributed this prestigious motoring publication their cars have offered in successive in its “Top 12 Best Buys of generations, but even that march to 2018” awards. premium competitiveness pales in “This brand made an impressive comparison to the progress Haval splash in the SA market last year,” has made.” noted CAR magazine. And let it be said that CAR “Haval might be new here, but magazine is not alone in showering the premium sub-brand of Great the brand with applause here Wall Motors (GWM) has been a in The South new Africa, Mahindra with several bakkie other heavy hitter in its domestic market motoring publications as well as of China, selling more SUVs than the buying public being mightily any Bolder other fog brand, lamps are and mounted it’s making r/min, impressed and sustained with this to Chinese 2,800 r/ giant’s in no restyled secret of apertures its global that ambitions.” are min, offerings. ensuring Offerings excellent that in-gear comprehensively and and superior convincingly pulling rewrite linked Indeed. to the lower edge of the acceleration headlights. Added The CAR redesigned magazine: front-“Wend tested styling two is vehicles accompanied in its by model The thought turbodiesel about Chinese engine vehicles, is power. everything anyone might have 16-inch line-up alloy – the wheels. H2 and the H6 C – and linked to a six-speed manual walked The new away bakkie genuinely has an updated impressed gearbox to, well, driving sexiness. the rear wheels, 2.2- by litre the four-cylinder marked leap mHawk in design, and will More also than be available that, Haval with is stamping transmission its mark with on the low local range. market turbodiesel sophistication engine, and which build makes quality 4x4 use offered a by variable both. geometry The – entire among range other markets. of the Next turbocharger “Over the to past produce two decades, 103kw. the Generation Here Mahindra SA it Pik already Up are boasts The motoring impressive world torque has doffed peak its of cap to 23 accredited dealerships, with 320 the Nm Koreans is reached for the at improvements just 1,600 Locking this Differential) number expected as standard. to jump to 35 by the end of 2018, while later this year we can also expect the much-awaited Haval H9. And to give you an idea of the league Haval plays in on the global stage, it recently made history by achieving a placing in the renowned Brand Finance Global 500 2018 debuted at number 249 on this list, whose top three 2018 companies include the likes of Amazon, Apple, and Google. Says Tyrone Alberts, Haval’s National SA Sales Manager: “The stunning success that Haval has achieved globally has rapidly spilled over into the South African Market. Haval Motors South Africa will be celebrating its one year anniversary on the 31 st May 2018, and in a fairly short space of time has grabbed the attention of the South African media and consumer in an extremely positive way. “In fact, it’s no hyperbole to say that the reception Haval has received borders on rapturous.” Adds Tyrone, himself a seasoned veteran of the SA motor industry: “ We know that this is just the beginning, and want to assure our valued customers that we are here to stay, even in Photos: a time Quickpic when certain other motor manufacturers have left our shores. “So we at Haval would like to extend a huge `thank you’ to everyone from the motoring media – including, of course, CAR magazine! – to our wonderful customers for their continued support over the past eight months. And we at Haval look forward to continue to grow from strength to strength, becoming a household name on the SA market just as we are in China.” Mahindra Interior

New Era

New Era Newspaper Vol 22 No 167