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New Era Newspaper Tuesday February 20, 2018

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  • Namibia
  • Windhoek
  • February
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12 Inside BUSINESS

12 Inside BUSINESS Tuesday, February 20 2018 | NEW ERA Buy-a-Brick houses nearing completion Staff Reporter Windhoek Less than six months after the third launch of Standard Bank’s Buy-a-Brick initiative, in partnership with the Shack Dwellers Federation of Namibia (SDFN), most of the commissioned houses are reaching completion. which was initially launched in October 2015 with the aim of helping in alleviating the housing shortage in the country for no or low-income households who live in shacks through the SDFN, has so far aided in building some 40 houses in Rehoboth. “When we launched the third leg of our Buy-a-Brick initiative late last year, we committed to building 50 houses in Windhoek, Berseba and Otjinene. I am proud to say that a majority of the houses have reached completion with the remaining few just a few weeks houses shy of completion,” Standard Bank’s PR and communications manager, Surihe Gaomas- Guchu, said this week. She said that the speed in which the communities were building their homes is testament of their commitment to provide decent homes for their families. This also Almost done… Most of the houses commissioned under the Buy-a-Brick initiative are reaching completion. Photo: Contributed means that the goal of 50 houses will be exceeded because more people are able to begin construction on their homes as the initial loans are paid back and the funds are made available for them. “Of the 50 houses that were scheduled to be built, 17 of the 20 houses in Berseba have been completed, while three are already at roof level with completion expected by the end of this month and in Otjinene all 16 houses are at the roof level with completion also expected in the next few weeks,” she explained. houses have been completed, two are yet to be constructed, while members of the Ituyeni savings group are still awaiting approval of their plans from the City of Windhoek. “The progress we have made so far is testament to the fact that if we band together, we can and will bring an end to the housing shortage in the country. Every Namibian deserves to have a decent brick house which they can call their home, and we are honoured to be able to bring more and more of them closer to realising that goal,” Gaomas-Guchu stressed. SDFN’s co-director, Heinrich Amushila, expressed his gratitude towards the bank for its unrelenting support in ensuring that Namibians can achieve their dreams and aspirations of getting a decent home. Standard Bank is adding value to people’s lives by making more money available and this helps more people to build houses affordably. Buy-a-Brick is the only financing vehicle in Namibia raising funds vigorously for the poor. Standard Bank and Shack Dwellers Federation of Namibia have worked together for 11 years now and we appreciate and value that generous contribution to this movement,” he concluded. MARKET OVERVIEW Change Latest 3 months -0.01% 7.13% 6 months -0.01% 7.57% CGP CAPRICORN INVESTMENT GROUP L 1802 0.00% 9 months -0.01% 7.64% NBS NAMIBIA BREWERIES LTD 4499 0.00% 12 months -0.01% 7.89% BVN BIDVEST NAMIBIA LTD 784 0.00% Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4659 0.00% GC18 (R204 : 6.84%) 0.00% 7.75% ORY ORYX PROPERTIES LTD 2049 0.00% GC21 (R208 : 6.99%) 0.00% 7.81% NAM NAMIBIAN ASSET MANAGEMENT LT 69 0.00% GC24 (R186 : 8.08%) -0.02% 9.30% NHL NICTUS NAMIBIA 189 0.00% GC27 (R186 : 8.08%) -0.02% 9.69% BMN BANNERMAN RESOURCES LTD 39 0.00% GC30 (R2030 : 8.56%) -0.02% 10.23% DYL DEEP YELLOW LTD 258 7.50% GC32 (R213 : 8.64%) -0.02% 10.35% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC35 (R209 : 8.94%) -0.03% 10.37% FSY FORSYS METALS CORP 111 0.00% GC37 (R2033 : 8.77%) -0.02% 10.77% TUC TRUSTCO GROUP HOLDINGS LTD 900 0.00% %Change Latest B2G B2GOLD CORP 3403 -3.35% Gold 0.09% $ 1,348.18 Platinum 0.79% $ 1013.40 Copper 0.00% $ 7,233.00 Brent Crude 0.32% $ 65.01 %Change Latest NSX (Delayed) 0.02% 1422.83 JSE All Share -0.46% 58,849.28 SP500 0.04% 2,732.22 FTSE 100 -0.09% 7,287.91 Hangseng 0.00% 31,115.43 DAX 0.11% 12,466.10 %Change Latest Financials 0.05% 18,328.49 Resources -0.48% 36,220.67 Industrials -0.68% 77,401.83 %Change Latest N$/US dollar 0.45% 11.6478 N$/Pound 0.09% 16.3375 N$/Euro 0.43% 14.4646 US dollar/ Euro 0.10% 1.2418 Latest Previous Namibia Inflation (Jan 18) 3.6 5.2 Bank Prime 10.50 10.50 BoN Repo Rate 6.75 6.75 NAMIBIAN FEDERATION OF THE VISUALLY IMPAIRED (NFVI) VACANCIES Namibian Federation of the Visually Impaired (NFVI) is hereby inviting applicants for the following position: 1. NEAVI Coordinator (Rundu) Impaired 2. Computer Instructor for visual impaired (Windhoek) people computer and program. Closing date: 02 March 2018 Take note for vacancy 1: NEAVI applicant must submit their documents to Mr Daniel Trum 081 226 6831 fax 0886556591

Tuesday, February 20 2018 | NEW ERA FARMERS FORUM 13 El Niño could strike again Staff Reporter Windhoek Already concerned Namibian livestock and crop farmers had to hear it from the horse’s mouth last week that the devastating El Niñoinduced drought, which affected about 40 million people in the Southern African Development Community (SADC) in 2016, is likely to strike again during the 2017/18 season. The El Niño-induced drought in 2016 was the worst in 35 years after the rains failed for two consecutive seasons. Severe drought conditions claimed lives and means of subsistence. Experts from the SADC Secretariat last week expressed fear that although good rains have been received in the northern half of the region, the lack of rain in the southern half of the region has caused delays in planting and harvesting due to water stress in some areas, including Namibia. Experts reported in the Agromet Update of the Early Warning System of Food Security on the deterioration of vegetation conditions in the south and east of the region. They also noted that the budworm outbreak has affected 20 of the 28 districts in Malawi, while Namibia was battling with fresh lumpy skin disease breakouts as well as outbreaks of armyworms. Only the north-eastern parts of Angola, much of the Democratic Republic of the Congo, northern Zambia, northern Mozambique, northern and central Madagascar and much of Tanzania have received above normal rainfall since November 2017. In contrast, most places in the southern half of the region, like Namibia, have received belowaverage rainfall since October 2017. November was particularly dry in most of these areas, while Namibia, southern Mozambique, southern Zambia and Zimbabwe of December. The hardest hit areas include northern and north-western Namibia, south-western Angola, parts of southern and central Mozambique, and southern South Africa. SADC experts also warned that a prolonged delay in the onset of rainfall can adversely affect crop yields by reducing the number of days available for crop development, and crops may not reach maturity before the end of the growing season. These areas have already begun experiencing a timely onset of rains, except in parts of Lesotho, South Africa, the Democratic Republic of the Congo and Zimbabwe, where the onset was delayed by 30 to 40 days. Due to the generally timely start, farmers in many areas have begun planting, with reports of crops that are in the early stages of vegetation in some areas, the experts in meteorology said. However, some areas that received rainfall below the November average in early December, particularly in Namibia, southern Mozambique, southern Zambia and Zimbabwe, crops have been affected by lack been reported that some farmers are yet to start planting. producers in Namibia’s maize triangle, Grootfontein, Tsumeb and Otavi, who said crops are experiencing moisture stress due to the prevailing dry conditions. Because of the drought, vegetation conditions have deteriorated in many areas. The image of the vegetation satellite index shows that many parts of the region had vegetation conditions be- December. In Namibia, low rainfall caused the deterioration of grazing conditions in several parts of the country. As a result, cattle are reported to be in poor body condition in some parts of the country, although the cattle are in good condition in other areas. Agra, Germany offer courses for struggling farmers Staff Reporter Windhoek Agra Provison and the German Federal Ministry for Cooperation and Development have started highly informative courses this week to assist farmers in the basic principles of farm management and the basics which can make a difference between failure and success. Namibian livestock farmers are expected to attend in their droves, most of them having suffered tremendous losses in due to consecutive droughts since 2013. With 38 years of experience, course leader Bertus Kruger is regarded by many as a guru in rangeland management and livestock production. Kruger said this week’s courses aim at ensuring that every farmer is reminded on how to improve on his/her productivity in a sustainable manner. Kruger emphasises that all livelihoods depend on rangeland resources as livestock derive most of their nutritional needs cheaply from the rangeland; and humans derive basic Maestro… Bertus Kruger of Agra ProVison (second from right with hat) is sharing his experience of more than 38 years with farmers on the basics of farming and the basics of Photo: Contributed foods from the rangeland. He stresses that farmers are supposed to sustain their rangeland and the consequences of poor rangeland management can be devastating. Since yesterday to Thursday basic farm management comes under the spotlight in Windhoek, enlightening farmers and future farmers on the basics of to create and follow a business plan and how to create activity lists for each discipline on the farm. The impact of proper rangeland management, diversification, labour requirements and the importance of recordkeeping will also be discussed. One session will be devoted statements. Course participants will prepare a draft business plan as outcome for the training. For more information and course application forms, send an email to: apvtraining@agra. or call Agra ProVision farmmanagement and your que- for stray cattle grazing along the road *Julia Kamarenga Okorukambe Farmers on Farm Du Plessis in the Okorukambe constituency of the Omaheke region are up in arms against the heavy-handed treatment they claim to be getting from their respective leaders. Last Tuesday, the group marched to with messages such as, “we are given on the corridor”, where they handed over a petition. Nisha Steenkamp, a the petition. The farmers raised lack of grazing land, among many other issues. Reading the petition, Titus Ripanga Tjiuandu said: “The Namibian government through the Ministry of Land Reform brought about 45 families from elsewhere in Omaheke to occupy this small area measuring about 4 100 hectares of land.” The farmers said they have eroded the small piece of land allocated to them, as both their number and livestock population is growing – hence the need for more land. Besides lack of land when their cattle graze in open areas such as corridors and along the roads, where there is them. Station Commander Amupolo Windhoek Without the proper care and management of livestock a farmer might lose out on valuable income. This includes planning and proper Agra ProVision has compiled new course material planning grazing , mineral Protesting…Farmers on the Farm Du Plessis in the Okorukambe constituency in the Omaheke region protesting about overcrowding on the farm, among other issues last Tuesday when they handed a petition to the governor of Omaheke. are only implementing the law as law the procedures to be taken,” said Amupolo. The station commander added that information meetings are conducted with the community to clarify matters but the farmers do not heed the police warning. The farmers also accused white their cattle if found grazing along the head. This amount increases according to the number of days the livestock is kept at any commercial farm. Senior traditional councillor, KaÞiÞii Mbaeva, of the Ovambanderu Traditional Authority, said: “It is very painful that this is happening in an independent Namibia today.” He added that for over 21 years that they were brought to the farm, they have been airing their concerns but to no avail. The farmers Land of only resettling their colleagues and relatives. They said they have been applying over the years but they have not been successful nor have they ever been given feedback on why they were not considered. *Julia Kamarenga is an information supplements, disease control and parasite control dehorning; livestock and controlling parasites. Date Venue Classes Was Subsidised price* 5 - 9 March 2018 Windhoek 08:00 – 16:30 N$ 4,850 N$ 3,240 or call Agra ProVision on: 061 - 290 9208 Agra ProVision

New Era

New Era Newspaper Vol 22 No 167