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New Era Newspaper Thursday March 29, 2018

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16 Inside BUSINESS

16 Inside BUSINESS Friday, March 29 2018| NEW ERA Windhoek The City of Windhoek will fork out anything between n0 million and n0 million to establish a new general waste disposal plant the next two years. The current plant’s lifespan will run out in two t o t w o - a n d - a - h a l f y e a r s . This was revealed by the City of Windhoek’s executive for urban planning and property A necessity… Photo: nampa CoW to spend up to N0m on waste management plant development, Ludwig narib, in a recent interview with nampa. “in those two years, we have just enough time to be ready to extend this facility,” said narib, while pointing north of kupferberg, the plant. Upon its completion, the extended plant will cater for the capital’s waste for about 10 to 15 years, narib said. he said waste management in a city of Windhoek’s magnitude task and comes at a huge cost. “We estimate that the project will cost between n0 million and n0 million,” narib added. There are currently two plants for general waste and the other for hazardous waste. The hazardous waste plant caters for dangerous waste management. These include expired food, oil, chemicals, batteries, fertilisers and anything that is not known to the experts on site. Ludwig said extensive studies have been carried out and mechanisms are in place to ensure that Windhoek’s underground water reservoirs are not compromised. “People think waste management is just to come and dump waste. it’s a very complicated thing. if you look at both these cells [plants], they’ve undergone extensive studies.” he also said there are many layers of different materials that facility could be used for waste disposal. “There are multiple plastic and gravel layers to ensure that our underground water is not compromised,” he said. The hazardous waste management plant’s lifespan will run out in seven to eight years. it costs the City of Windhoek around n0,000 per month to manage the waste management site. The plant is run on a selfsustaining and cost-recovery model, where those who dump waste pay tariffs depending on the quantity of their waste. – Nampa NOTICE Take notice that PLAN AFRICA CONSULTING CC, Town and Regional Planners on behalf of the owner intends applying to the Municipality of Windhoek for the: REZONING OF ERF 3211 WINDHOEK, C/O SCHÖLEIN AND CURIE STREETS FROM ‘RESIDENTIAL’ WITH A DENSITY OF 1:900m² TO ‘OFFICE’ WITH A BULK OF 0.4 CONSENT FOR FREE RESIDENTIAL BULK, INCLUDING A GUESTHOUSE AND A CHAPLE FOR PRAYER Erf 3211 is 1 172m 2 in extent. The proposed zoning will enable the owner to erect an office building with a total floor area of 468.8m² and additional dwelling units with a floor area of 234.4m² which is 50% of the proposed bulk. Further take notice that the plan of the erf lies for inspection on the town planning notice board in the customer care Centre, Main municipal offices, Rev. Michael Scott Street, Windhoek. Further take notice that any person objecting to the proposed use of the land as set out above may lodge such objection together with the grounds thereof, with the Windhoek Municipality and with Applicant in writing within 14 days of the last publication of this notice (final date for objections 13 APRIL 2018) Plan Africa Consulting CC Town and Regional Planners P.O.Box 4114 WINDHOEK Tel (061) 212096 Fax (061) 213051 / 088614626 MARKET OVERVIEW Change Latest 3 months 0.00% 7.13% 6 months 0.01% 7.51% CGP CAPRICORN INVESTMENT GROUP L 1785 0.00% 9 months 0.01% 7.58% NBS NAMIBIA BREWERIES LTD 4500 0.00% 12 months 0.00% 7.81% BVN BIDVEST NAMIBIA LTD 779 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4645 0.00% GC18 (R204 : 6.53%) 0.00% 7.44% ORY ORYX PROPERTIES LTD 2039 0.00% GC21 (R208 : 6.88%) 0.01% 7.70% NAM NAMIBIAN ASSET MANAGEMENT LT 69 0.00% GC24 (R186 : 7.9%) 0.01% 9.12% NHL NICTUS NAMIBIA 180 0.00% GC27 (R186 : 7.9%) 0.01% 9.51% BMN BANNERMAN RESOURCES LTD 34 -2.86% GC30 (R2030 : 8.29%) 0.01% 9.96% DYL DEEP YELLOW LTD 219 -4.78% GC32 (R213 : 8.37%) 0.02% 10.08% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 8.64%) 0.02% 10.07% FSY FORSYS METALS CORP 81 -5.81% GC37 (R2033 : 8.47%) 0.02% 10.47% TUC TRUSTCO GROUP HOLDINGS LTD 875 0.00% %Change Latest B2G B2GOLD CORP 3185 -2.96% Gold -0.60% $ 1,337.03 Platinum -0.49% $ 939.15 Copper 0.00% $ 6,649.00 Brent Crude 0.26% $ 69.09 %Change Latest NSX (Delayed) -1.62% 1364.16 JSE All Share -2.52% 54,639.56 SP500 -1.73% 2,612.62 FTSE 100 -0.08% 6,994.66 Hangseng -2.50% 30,022.53 DAX -0.65% 11,892.72 %Change Latest Financials -3.09% 17,186.21 Resources -1.49% 33,708.70 Industrials -2.91% 71,252.40 %Change Latest N$/US dollar 0.14% 11.6857 N$/Pound 0.05% 16.5309 N$/Euro 0.11% 14.4889 US dollar/ Euro -0.03% 1.2399 Latest Previous Namibia Inflation (Feb 18) 3.5 3.6 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75

Thursday, March 29 2018 entertainment entertainment Decorate your home with Crafted ‘Street furniture’ NOW! Boss Madam brands with Delush Wines

New Era

New Era Newspaper Vol 22 No 167