14 YOUTH CORNER Wednesday, August 9 2017 | NEW ERA Student urges youths to pursue careers in agriculture Pinehas Nakaziko Windhoek A member of the Students Representative Council (SRC) for External Affairs at the University of Namibia (Unam) Ogongo campus, Nghishidimbwa Rabban, is urging fellow youths to pursue careers in agriculture for them to contribute to the economy of the country. Currently in his final year studying an agricultural science degree, Rabban says engaging youth in agriculture has been topical recently and has reached the country’s development agenda, as there is a growing concern worldwide that young people have become disenchanted with agriculture. “With most young people living in rural settlements where agriculture is likely to provide food and the main source of income, it is vital that young people are connected with farming and related activities,” he says. He adds that young people are living in an era where rapid urbanisation has led to a decline in rural populations, as a majority of young people prefer to live in urban areas. Rabban is also concerned that most young people are not interested in this sector because schools in the country have a lack of facilities required for proper training in advanced farming methods. Therefore, learners are not being encouraged to perceive agriculture as an attractive field like others. “At this stage learners should be taught and shown how to grow different highvalue crops, rear livestock and market their products.” “I further believe that every young person in the country should have a background knowledge of agriculture despite the pursuit of other careers such as teaching, nursing, medicine and engineering,” says Rabban. He adds that all young people need knowledge and skills on how to produce food, and having a backyard garden requires knowledge to manage it otherwise there won’t be any production. Go agricultural… University of Namibia (Unam) student Nghishidimbwa Rabban, who is pleading with fellow youths to pursue careers in agriculture and natural science. Young musician… Grade 4 learner Gabriella Smuts (left) with conductor of the Namibia National Symphony Orchestra (NNSO), Alexander Fokkens (middle) and violin soloist Enrico Palascino (right) with the NNSO. Photo contributed It’s time for DHPS bazaar Staff Reporter Windhoek The organisation is in full swing already and excitement is rising in anticipation of a motionpacked day at the Deutsche Hohere Primerschule (DHPS) annual bazaar next Friday. The event, one of the highlights if not the highlight on the DHPS annual calendar, has been themed “DHPS in Motion” this year. What is offered? – Great game and fun stalls: In addition to flying swings, bull riding, surprise pools, ketty shooting and can throwing, there are many more great game stalls for our big and small visitors. Whether setting new records on the climbing wall, or joining the sky fall, a high-fly fairground ride – for adrenaline junkies, the DHPS bazaar is the place to be. – All sorts of mouth-watering treats for visitors: Smoothies, ice cream, steaks and braai, pizza and of course cakes at the popular cake stall will be on offer again. – As from 18h00, the Novum Bar will be open: In a stunningly decorated school café, wine, sparkling wine and freshly prepared sushi can be enjoyed in a stylish ambience. – School disco: Younger learners will take to the dance floor from 17h00 to 19h00, the entrance fee is N. From 19h00 - 24h00 the older learners will celebrate in the auditorium under the motto of “...”. Entrance fee: advance ticket sale N - (incl. N bazaar entrance fee), evening box office N - (plus N bazaar entrance fee). The doors open from 11h00- 22h00, all stalls are open from 11h00 - 17h00 (or while supplies last). Like last year, an entrance fee of N will be charged until 17h00, which can be redeemed in coupons; as from 17h00 an entrance fee of N applies. Meanwhile last Thursday the Grade 3-6 learners of DHPS had the opportunity to listen to the Namibian National Symphony Orchestra (NNSO) under the direction of renowned South African conductor Alexander Fokkens. Enrico Palascino guided the learners through the musical programme and together with the musicians, who performed compositions by Felix Mendelssohn Bartholdy, Stamitz and Williams, inspired the imagination of the young audience. For Gabriella Smuts it certainly was a very special morning – which other Grade 4 learners can ever say that he/ she has conducted the national orchestra? But with a humorous and entertaining expert like conductor Fokkens at her side, who enthused and captivated the young audience, nothing could go wrong. Pupils to launch health campaign Staff Reporter Windhoek A group of high school children are preparing for a potentially lifechanging two weeks at a special camp designed to raise their aspirations. Around 40 learners from JA Nel Senior Secondary School in Keetmanshoop have been handpicked for the intensive ‘UniCamp’ organised by Wales Cardiff University and the University of Namibia. They will devise and launch a national public health campaign towards the end of the camp using the skills and knowledge acquired. Student ‘ambassadors’ from Cardiff and Unam will support and mentor learners at the UniCamp, which runs from mid-August to September 1 at the Unam southern campus in Keetmanshoop. Workshops, activities, games and sports will be used to improve the self-esteem, communications skills and literacy of those taking part. Organisers hope the experience will be transformative for the learners with some progressing to university. The initiative is part of Cardiff University’s Phoenix Project, a partnership with Unam to improve health and reduce poverty in Namibia. JA Nel School head teacher Elizabeth Beukes says: “Our kids come from very poor backgrounds. Sometimes their self-esteem is not there – they don’t know where they are heading to. “It’s our duty as a school to try to guide the learners into a direction where they know they are going to have a future. “In regard to the Phoenix Project, I’m very excited. I believe it’s already boosted our kids because we’re connected now to a project.” Beukes adds that many of the learners live at the school’s hostel because they are from the north of the country or rural areas many kilometres from Keetmanshoop. The learners will participate in four main subject areas: healthcare, computer science, journalism & media, and business & entrepreneurship. They will work with the student ambassadors and be expected to launch a public heart health campaign for Namibia towards the end of the two weeks. The UniCamp will be led by Cardiff University’s head of Widening Participation and Community Outreach, Scott McKenzie, and will involve up to 10 students each from Cardiff and Unam. Scott said: “We will use the overarching theme to deliver workshops and academic content. “In addition to this, we will offer activities, games and sports to help develop the confidence, self-esteem, communication skills and literacy of the learners. “We hope the programme might encourage some of the learners to progress to university.” The UniCamp will also be a valuable experience for the students from Cardiff University and Unam who are delivering the programme. The Phoenix Project is part of Cardiff University’s Transforming Communities initiative to boost health, wealth and well-being in communities around Wales and further afield.
Wednesday, August 9 2017 | NEW ERA Inside BUSINESS: CONSUMER NEWS 15 Building a solid credit history Anton Smit Windhoek Banks generally evaluate credit applications on three basic principles, namely integrity, repayment ability and security. In this article I will focus on one of these basic principles, namely integrity. An important aspect of integrity is your credit history. Your credit “history” is a record on how you pay bills or repay money you have borrowed. It includes your record and timeliness of payments of your bank accounts, loans, credit card accounts, store accounts and other lending. A good credit “history” helps you realise your dreams: Buying a home, car, leasing an apartment, getting a job – all these events may require a credit check. Credit grantors, such as banks, make use of a credit report issued by credit bureaus to determine your creditworthiness by assessing both past and current credit behaviour. How to establish a credit “history”: • Begin by opening a savings and cheque account in your name. Over time, your deposits, withdrawals and transfers will demonstrate that you can handle money responsibly. • Apply for a loan or finance of an asset, but be aware of the cost, since payment of interest is applicable. • Open a clothing account. Start with a low amount and pay your account regularly. • Apply for an open, 30 day credit account at shops where you frequently buy. For responsible users, these credit accounts are a useful tool. All charges are due in full every month, and no interest is charged. • Find a friend or family member to be a co-signer/surety. A co-signer/ surety may help you qualify for credit, but remember that the friend or family member will be responsible if you default on your agreement to pay. Factors that can jeopardise your credit history: • Late payments are noted on your credit report, even if you pay it later. You must pay your instalments as per the initial arrangement. • Using more credit than your arranged facility. This action has a negative effect and incurs unnecessary costs like penalty fees. • Cheques issued with insufficient funds in your account. In addition to incurring unnecessary excess fees, your cheques may be returned which will negatively influence your credit record. • Not paying your loan or asset finance. An unpaid instalment reflects negatively on your credit record and places your cash flow under pressure if you have to meet more than one payment the next month. • Personal debt is too high. Banks and other lenders take into account your total debt when considering whether you qualify for additional commitments. • If you are placed under administration, declared bankrupt or a summons is issued against you, it will have a serious effect on your credit “history”. If this happens, it will be very difficult to restore your creditability to obtain new credit. Anton Smit Advantages of a good credit “history”: • Makes it easier to obtain credit. • Favourable terms and rates can be negotiated. • Good credit is an asset. It is a valuable tool for building wealth for you and your family in the long term. How to improve a poor credit “history”: • Recognise your problem, stay in contact and negotiate new arrangements like extension or new payment schedules or reach a compromise with your credit provider. • Immediately stop taking up more credit. Ensure that you can afford your monthly repayments. • Try to catch up on arrear instalments and keep to your arrangements. Whilst banks need to be responsible in the extension of credit, you can be a responsible borrower and thereby limit unnecessary debt. *Anton Smit is executive officer for credit at Bank Windhoek. Install surveillance cameras at your business: police RUNDU Police in the Kavango East Region are urging business owners to install surveillance cameras at their premises to assist the law enforcement agency in investigations. In an interview with Nampa on Monday Kavango East crime investigations coordinator Deputy Commissioner Bob Kanyetu said installing the Closed Circuit Television (CCTV) cameras will assist the police in investigating cases involving breakins. Such cases, he said, are difficult when there is no evidence. “The business people must at least try to give us a hand by doing so,” said Kanyetu while referring to an incident in which a tyre-repairing garage in Rundu was broken into on Friday night. It is alleged the robbers used an unknown object to cut open the roof and gain entry. N7 224 cash was stolen in the process. Kanyetu said no arrest has been made and police investigations into the matter continue. – Nampa Photo: Obrein Simasiku Staying connected… NSA senior communication officer Esther Simasiku (front left) is joined by her colleague Salmon Uulenga, a web designer, as they talk to MICT officials Josephine Mwashindange and Petrus Nahole (yellow shirt) about the statistical mobile app. NSA mobile app promotes access to information Obrein Simasiku Omuthiya Access to national data has now become easy with the recently launched statistical mobile application by the Namibia Statistic Agency (NSA), which provides users with portable accessibility to key indicators. The app was created after numerous concerns were raised by the public who were unable to access the information from the NSA’s website due to either unaffordability or lack of internet facilities. “This app will be used free of a charge and does not require internet connection to use, the only time internet will be used is when you first download the mobile app and secondly when you update it in order to retrieve or access latest uploaded information” explained NSA spokesperson Esther Simasiku. Simasiku added that the app also reduces printing costs incurred before for producing booklets. “This app further provides a lot of options, such as making comparison of data from the previous years, it can enable you to compare populations of regions or towns and this includes data collected since the first census was conducted,” she stated. MARKET OVERVIEW Money Market Change Latest Selected NSX Stock 3 months 0.00% 7.07% Symbol Stock Name Spot % Move 6 months -0.01% 7.47% CGP CAPRICORN INVESTMENT GROUP 1800 0.06% 9 months 0.00% 7.58% NBS NAMIBIA BREWERIES LTD 3350 0.00% 12 months 0.00% 7.78% BVN BIDVEST NAMIBIA LTD 787 0.00% Bonds Change Latest FNB FNB NAMIBIA HOLDINGS LTD 4674 0.00% GC17 (R203 : 6.82%) -0.06% 7.49% ORY ORYX PROPERTIES LTD 2070 0.00% GC18 (R204 : 7.07%) -0.05% 7.98% NAM NAMIBIAN ASSET MANAGEMENT 72 0.00% GC21 (R208 : 7.46%) -0.09% 8.28% NHL NICTUS NAMIBIA 200 0.00% GC24 (R186 : 8.54%) -0.09% 9.76% BMN BANNERMAN RESOURCES LTD 31 3.33% GC27 (R186 : 8.54%) -0.09% 10.15% DYL DEEP YELLOW LTD 292 1.74% GC30 (R2030 : 9.08%) -0.09% 10.75% SILP STIMULUS INVESTMENT LTD-PREF 12129 0.00% GC32 (R213 : 9.19%) -0.09% 10.90% FSY FORSYS METALS CORP 132 0.00% GC35 (R209 : 9.54%) -0.09% 10.97% TUC TRUSTCO GROUP HOLDINGS LTD 410 0.00% Commodities %Change Latest B2G B2GOLD CORP 3228 -2.71% Gold -0.08% $ 1,257.88 Platinum 0.38% $ 967.89 Copper 0.00% $ 6,372.00 Brent Crude -0.40% $ 51.69 Main Indices %Change Latest NSX (Delayed) 0.40% 1143.21 JSE All Share 0.32% 56,121.74 SP500 0.19% 2,476.83 FTSE 100 0.24% 7,529.55 Hangseng 0.46% 27,690.36 DAX -0.47% 12,239.82 JSE Sectors %Change Latest Financials 0.60% 15,713.62 Resources -0.23% 34,781.01 Industrials 0.66% 76,104.98 Forex %Change Latest N$/US dollar -1.75% 13.2135 N$/Pound -1.75% 17.2125 N$/Euro -1.62% 15.5774 US dollar/ Euro 0.13% 1.1788 Namibia Monthly Data Latest Previous Namibia Inflation (Jun 17) 6.1 6.3 Bank Prime 10.75 10.75 BoN Repo Rate 7.00 7.00 7-Aug-17