14 Tuesday 15 May 2018 NEW ERA Inside BUSINESS US oil output to grow again this year: OPEC PARIS – Booming oil output in the United States – which has threatened to derail other producers’ efforts to drive up crude prices – looks set to expand strongly again this year, the Organization of Petroleum Exporting Countries (OPEC) said yesterday. But rising inflation and possible trade restrictions could throw a spanner in the works for US producers in the longer term, OPEC said in a report. The US is not a member of OPEC, which accounts for more than 40 percent of the global oil market. But booming output of US shale producers– eager to cash in on a rally in oil prices since late last year – has proven a headache for combined efforts by both OPEC members and non-members to cut back production to combat a global oil glut. While those efforts have indeed succeeded in pushing up prices in recent months, rising crude prices have at the same time made it more PUBLIC NOTICE attractive for shale producers – whose overheads are lower than the oil majors – to ramp up output. OPEC has repeatedly warned that booming US shale production could jeopardise the delicate balance that the overall market has managed to reach. In its latest monthly oil market report, OPEC upgraded its forecast for non-OPEC output and said that the US would account for the largest share of the projected increase. Following a contraction in 2016, “non-OPEC oil supply has seen a recovery in 2017 and 2018... This has been on the back of improving oil market conditions and rising oil prices”, the report said. Nevertheless, it was “evident that uncertainties remain as to the forecast pace of growth of non-OPEC supply for the remainder of the year”, the cartel cautioned. The performance of non-OPEC supply in 2018 would depend on many factors, it said. “The continued strong development of the world economy could lead to rising inflation, and, along with potential trade restrictions, would impact oil production costs.” In addition, fast-growing production in the US was “increasingly faced with costly logistical constraints in terms of outtake capacity from land-locked production sites”, OPEC said. US producers’ capital spending plans could also be hit by pressure from shareholders demanding capital discipline and a return on their investments, it said. OPEC said that geopolitical developments “will also continue to impact global oil supply developments in the months ahead”, OPEC said. “Despite the large uncertainties prevailing in key market fundamentals, OPEC, as always, stands ready to support oil market stability, together with non-OPEC oil producing nations,” the cartel said. - Nampa/AFP VACANCY ANNOUNCEMENT POSITION TITLE: Consultant – Country Programming Framework DUTY STATION: WINDHOEK, NAMIBIA DURATION: 30 Working days TO ACCESS THE TERMS OF REFERENCE (ToR), VISIT THE LINK BELOW: All interested applicants should please forward their applications to firstname.lastname@example.org or hand delivered to FAO, 38-44 Stein Street, UN House, 2nd Floor. The successful candidate is expected to start on the 23 rd May 2018. Only shortlisted candidates will be contacted and no documents will be returned. CLOSING DATE FOR APPLICATION: 18 May 2018 Description: We would like to inform the public of Windhoek that Radial Truss Industries (Pty) Ltd will be working on some side roads during the next few days. We will be trenching, install cable ducts, install is in progress. Affected Streets: Street, Vander Bijl Straat and Dr Hosea Kutako. Locality map: Typical attached Street Name Type of work From Street To Street Goethe Street Luther Street Independence Avenue Iscor Street Vander Bijl Straat Dr Hosea Kutako Trenching, Install cable Trenching, Install cable Trenching, Install cable Trenching, Install cable Trenching, Install cable Trenching, Install cable Trenching, Install cable Estimated start date Estimated stop date Goethe Street Luther Street 28/May/ 2018 01/June/2018 Luther Street Independence Avenue Street Independence Avenue 04/June/ 2018 08/June/2018 11/June/ 2018 15/June/2018 Iscor Street 18/June/ 2018 22/June/2018 Iscor Street Vander Bijl Straat 25/June/ 2018 29/June/2018 Vander Bijl Straat Dr Hosea Kutako Dr Hosea Kutako 02/July/ 2018 06/July/2018 To cross Dr Hosea Kutako road into Van Eck Power Station 09/July/ 2018 20/July/2018 Enquiry: Radial Truss Industries (Pty) Ltd NamPower (Pty) Ltd Main Contractor 15 Luther Street, Tel: +264 61 301 336 PO Box 2864 Windhoek Cell: +264 81 387 7078 Tel: +264 61 205 4111 Fax: +264 61 304 513 Fax: +264 61 232 805 Email: email@example.com Email: Victoria.Iita@nampower.com.na Monday, 14 May 2018 Centre Tal Street 07:00-16:00 United House Centre 08:30-16:00 MMI Holdings 09:30-15:00 Swakopmund Town (Ferdinand Stich Str 4) 13:00-18:00 Tuesday, 15 May 2018 Centre Tal Street 07:00-16:00 United House Centre 08:30-16:00 Gwashamba Shopping Mall (Ondangwa) 09:00-15:30 Geka Pharma 09:30-15:00 Walvis Bay Town (Behind Welwitschia Medi-park) 13:00-18:00 Wednesday, 16 May 2018 Centre Tal Street 07:00-16:00 United House Centre 08:30-16:00 Oshana Mall (Ongwediva) 09:00-15:00 Cymot Warehouse (caravan) 09:00-15:00 Pick ‘n Pay (Walvis Bay) 10:00-15:00 Thursday, 17 May 2018 Centre Tal Street 07:00-18:00 United House Centre 08:30-16:00 Oshakati Centre(Hospital Grounds) 10:00-16:00 Meatco 10:00-15:00 Rössing Mine 09:30-15:30 Friday, 18 May 2018 Centre Tal Street 07:00-16:00 United House Centre 08:30-16:00 Maroela Mall (Ongwediva) 09:00-15:30 Pointbreak 09:00-14:30 Sponsored by:
Tuesday 15 May 2018 NEW ERA 15 FARMERS FORUM Your weekly Agricultural Corner Agribank, emerging farmers’ string-less yo-yoing continues Lack of meat market afflicts NCAs: Mupia Long march…? Emerging commercial farmers marching in the streets of Windhoek on March 22 to hand over a petition to the Ministry of Finance and the Agricultural Bank of Namibia. Results of Otjinene Expo- Animals Section Total Goats 100 (Boerbok) Tjimbundu (Bergbok) (Boerbok) Tjiueza (Bergbok) Stock Exhibitors Total Sheep 149 Rooy) Tjikuzu Farming (Damara) Tjiueza (Damara) (Dorper) Total Cattle 104 Simbra (Charles Urib) Groenewaldt (Brahman) Simbra (Charles Urib) Total Dogs 45 Grey hounds Males 1st Vezemba Dissa Katuuo 2nd Kavehuua Hiambazapo 3rd Ndipita Bitches 1st Edison Kandjii 2nd Vezemba Dissa Katuuo 3rd Vezemba Dissa Katuuo •Kae MaÞunÿu-Tjiparuro WINDHOEK - “Determined and resolute to protect and preserve the modest gains of land redistribution and reform achieved by this group of Namibians to date,” vowed a group of emerging commercial farmers when they in March handed over a petition to the Ministry of Finance and the Agricultural Bank of Namibia. The petition was mainly in fear of the repossession of their farms by the bank for defaulting on their loans to the tune of N0 million but of which these farmers have been maintaining to owe only a fraction thereof. Who the other debtors and their status are only Agribank can tell. “Aware of the imminent danger of the reversal of these gains of land redistribution and reform by the actions taken by the Agribank to hand over some of the farmers to debt collectors and their subsequent listing with the Information Trust Corporation (ITC),” maintain the farmers further in the petition. Farmers have been categorical that with the vexed, sensitive and emotional land question, especially the issue of ancestral land, they have paved the way in terms of land redistribution and repossession by taking the market route buying farms through the willing seller willing buyer approach, which itself have been proving slow if not having failed completely to deliver land to the landless and land dispossessed. Hence, while the emerging commercial farmers, mostly previously disadvantaged and land dispossessed farmers, have been trying to graduate from the doldrums of communal farming, there seems to be little understanding, especially by Agribank, of their both de facto and de jure position as sacrificial lambs of the policy of reconciliation. This is by going the legal route in land acquisition as opposed to any other unimaginable route with untold consequences. While they consider themselves the practical torchbearers of the policy of reconciliation by buying farms instead of invading and grabbing them ala Zimbabwe, this to them does not seem to be appreciate by either the Namibian government or Agribank. And this is what has been fuelling their determination and resoluteness against the possible repossession of their farms by Agribank. In response to their petition, Agribank has come back gun smoking rejecting virtually all their demands as per their March petition. “The bank cannot accede to this demand. The bank has consistently stated that clients approached the bank for loan funding as individuals, that their reasons for being in arrears are different for each client and that their respective repayment circumstances are unique,” says Agribank in its April 28 response to one of the demands by the farmers, that is for group meetings between them and the bank. The response came exactly the week in which the patience of the farmers seemed to be running out without any response from Agribank and the Ministry of Finance to their petition when they had scheduled a meeting to map the way forward. In fact by the time Agribank’s response has reached them, the farmers had already met. The bank further rejected the other demands of the farmers that it cancels contracts with debt collectors with immediate effect; farmers listed on ITC be removed; it starts a dialogue with each concerned farmers immediately after the group meeting; and the farmers jointly approach the government to review the Affirmative Action Loan Scheme (AALS) to make it more sustainable and useful as an intervention by the government in the land reform process. “As previously advised by the Bank as ‘concerned’ farmers you can directly engage Government on this score or, if you so prefer, you can submit specific proposals to the Bank to engage with the ministry,” reads the banks response. “Victimisation of AALS farmers who are committee members representing AALS & Previously Disadvantaged Individual black farmers in Namibia, by way of expediting the sale of their agricultural land through public auctions,” they cites one reason why they have approached the Ombudsman in a letter of May 3. Looks like the quest of emerging commercial farmers to have a proper audience with the Agricultural Bank of Namibia is becoming another hide and seek game, relegated for that matter to endless to and fro communications between the bank and the farmers. In the continuing yoyo game the farmers have lately once again written back to the bank. WINDHOEK - The Northern Communal Areas (NCAs) are feeling the economic pinch amid the presence of the Veterinary Cordon Fence (VCF) and are without a market for their livestock, Opuwo Urban Constituency councillor, Weich Mupia, says. Mupia says the majority of the Namibian populace is left out of the mainstream meat market. “The Northern Communal Areas remain backward in terms of finding markets for their livestock. The situation of a lack of market remains the same in Kunene, Omusati, Oshana, Ohangwena, Kavango West, Kavango East, Oshikoto and the Zambezi regions respectively,” says he. He adds that the available markets, which are south of the VCF in the commercial areas, only cater for the few in those areas, whereas the majority of Namibians are left to suffer. “Something drastically has to be carried out by government, the community at large and farmer bodies such as farmers associations and unions, to change the marketing situation for the better and improving marketing all over the country,” he said. Mupia, however, notes that some of the farmers from the communal areas were slowly starting to enter the mainstream commercial farms, through the Ministry of Land Reform and the Affirmative Action Loan Scheme (AALS) of the Agricultural Bank of Namibia. Mupia further laments the sporadic occurrence of the Foot and Mouth Disease (FMD) carrying African Buffalo in the Omaheke and Otjozondjupa regions. “Like now, a buffalo was spotted in Otjozondjupa and another one in Omaheke Region. It means, the restriction of the movement of livestock in the two regions and consequently, no sale of livestock,” he says adding that this situation exposes the farmers to economic hardship. This is despite the fact that farmers invest heavily in their livestock, just to suffer immensely as a result of the possible FMD outbreak, he says. -Nampa.