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04/04/23

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Market Watch

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CHAIR, OPEN FOR BUSINESS: JON MILLER

News FIC South Africa establishes forensic unit.

JSE All Share (closed) • 76 100.20

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A decision to go ahead with this bill will make it very difficult for global companies to do business in the way they know, and in line with best practice.

Coordinating Editor: Jo-Maré Duddy • Tel (061) 297 2073 • E-mail: [email protected]

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3% Namibia’s economic growth forecast for 2023. BANK OF NAMIBIA

Synergi Sales Manager: Carmen Stenger • Tel (061) 297 2102 • E-mail: [email protected]

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Gen. Murtala Muhammed AVE P.O. BOX 3436, Windhoek • Tel: (061) 297 2000 • Fax: 061 223 721

Brent crude oil prices to bounce up

Oil powers to cut production in May Namibia’s N$10 billion import bill in January 2023 was mainly driven by petroleum oils sourced from Saudi Arabia, Malaysia and Singapore.

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ajor oil powers led by Saudi Arabia announced a surprise production cut of more than one million barrels per day on Sunday, calling it a “precautionary” move aimed at stabilising the market. The reductions, on top of a Russian decision to extend a cut of 500 000 barrels per day, and despite US calls to increase production, risk stoking inflation and pressure to raise interest rates. Cuts by Saudi Arabia, Iraq, UAE, Kuwait, Algeria and Oman from May to the end of the year will top one million barrels per day - the biggest reduction since the OPEC cartel slashed two million barrels per day in October. Namibia’s N$10 billion import bill in January 2023 was mainly driven by petroleum oils sourced from Saudi Arabia, Malaysia and Singapore, according to the Namibia Statistics Agency (NSA). Meanwhile, the ministry of mines and energy announced that fuel prices will remain unchanged for the month of April 2023. Russia, a leading member of the OPEC cartel, said it was also extending an existing cut of 500 000 bpd to the end of this year, describing it as “a responsible and preventive action”. A Saudi energy ministry official “emphasised that this is a precautionary measure aimed at supporting the stability of the oil market”, the official Saudi Press Agency said. The cuts follow a drop in oil prices triggered by jitters over the banking sector, following the collapse of US lender SVB and UBS’s hurried buy-out of troubled rival Credit Suisse, UAE-based oil expert Ibrahim al-Ghitani told AFP. Brent crude oil prices, trading just below US$80 a barrel late last week,

should bounce to above US$80 as a result of the reductions, he said, calling prices below US$80 “unacceptable” for OPEC . “The producing countries adhere to a balancing level that supports their large financial budget this year, and their next economic plans,” alGhitani said.

As world economies recover, we’ll see more consumption. And therefore we’d like to see supply meet demand. Jose Fernandez Undersecretary for Economic Affairs: US The reductions follow a controversial decision in October by OPEC and its allies including Russia - collectively known as OPEC - to slash production by two million barrels per day.

Covid That cut, the biggest since the height of the Covid pandemic in 2020, also came despite concerns it would fuel further inflation and push central banks to hike interest rates. OPEC raised its 2023 world oil demand forecast in February, saying it expected demand to grow by 2.3 million barrels per day to an average of 101.87 million barrels per day this year. But “initial expectations of higher

PHOTO REUTERS

demand in the second half are now challenged by the prospects of continued high inflation and recessionary pressures”, said Gulf analyst Yesar al-Maleki. “OPEC is taking a pre-emptive measure in case demand reduction in the second half is possibly higher,” he told AFP. Saudi Arabia will cut 500 000 barrels per day, Iraq 211,000, the UAE 144 000, Kuwait 128,000, Algeria 48 000 and Oman 40 000, each country announced. The reductions ignore calls from

the United States to raise production as consumption rises and as China, the world’s biggest oil consumer, reopens after its Covid shutdown. “As world economies recover, we’ll see more consumption. And therefore we’d like to see supply meet demand,” said Jose Fernandez, the US Undersecretary of State for Economic Affairs, Energy and the Environment, on the sidelines of the CERAWeek energy conference, in Houston, Texas, last month. On Monday, OPEC - the 13 members of the Organization of the

Petroleum Exporting Countries and 11 non-OPEC allied countries - will hold a Joint Ministerial Monitoring Committee meeting by video-link. US President Joe Biden has regularly called for an increase in the OPEC output since Russia’s invasion of Ukraine early last year sent prices soaring to above US$120 a barrel. After the cut in October, which preceded US mid-term elections, he warned of “consequences” for Saudi Arabia, a long-standing ally.

- Fin24 - Additional Reporting by Phillepus Uusiku

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Market Watch

TUESDAY 4 APRIL 2023

Fighting crime in wake of greylisting

FIC South Africa establishes forensic unit The FIC is mandated to assist in identifying the proceeds of crime, and combating money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.

PHOTO VICTOR-GRABARCZYK/UNSPLASH

MONIQUE VANEK

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he Financial Intelligence Centre (FIC) has established a forensic unit to help the government fight corruption and prosecute complex financial crimes, part of an effort to have the nation removed from a global watchdog’s dirty money watchlist.

We are looking at close to 60 000 entities we would have to bring into the net,” a ten-fold increase, and the aim is to have them all registered by December.. Christopher Malan, Executive Director The unit, which opened on Saturday, will complement the FIC’s existing structures, the center’s Executive Manager Christopher Malan said

Friday in an interview. It’s expected to help expedite asset forfeiture and prosecutions, he said. The FIC is mandated to assist in identifying the proceeds of crime, and combating money laundering, the financing of terrorism and the proliferation of weapons of mass destruction. Having forensic capacity will help ensure that matters can be taken to court quicker, especially when it comes to dealing with major corruption and state capture-related crimes, he said. The Financial Action Task Force (FATF), a Paris-based agency, placed South Africa on its so-called gray list in February because of the state’s shortcomings in tackling illicit financial flows and the financing of

terrorism. The decision followed an era of endemic government corruption and state capture under former President Jacob Zuma that his successor Cyril Ramaphosa estimates cost the economy at least R500 billion. An extended stay on the grey list may damage investor sentiment toward South Africa, leading to capital and currency outflows. Some of the issues South Africa needs to address in order to be removed include: a sustained increase in investigations and prosecutions of serious and complex money-laundering cases; ensuring the authorities have timely access to accurate and up-to-date beneficial ownership information; and improving risk-based supervision of desig-

Eskom exempted from declaring fruitless spending CAROL PATON Eskom has been exempted from disclosing irregular and fruit-

less expenditure in its annual financial statements in a special government gazette issued by Minister of Finance

VACANCY Al-Dhahra/NDC Date Palm Development (PTY) LTD has the following positions available: SKILLED AGRICULTURAL TECHNICIAN (2 x Persons) • 15 years’ work experience in supervision of date palm cultivation. If you are interested and meet the qualifications and experience, please forward your CV details to: P. O. Box 1894 Keetmanshoop, Namibia PHYSICAL ADDRESS: C12 Naute Dam, Karas Region APPLICATIONS CLOSING DATE: 10 APRIL 2023

Enoch Godongwana on Friday. The gazette, which was published on the last day of the financial year, provides Eskom with an exemption from Section 55 (2) (b) (i) of the Public Finance Management Act (PFMA) for 2022/23 and the following two years. The applicable section of the Act requires that state entities provide particulars in their

annual financial statements and annual reports of “any material losses through criminal conduct and any irregular expenditure and fruitless and wasteful expenditure that occurred during the financial year.” The gazette also exempts Eskom from a Treasury regulation that deals with the same requirement. Treasury said on

nated non-financial businesses and professions, which the FIC oversees.

Allocation National Treasury has allocated R265.3 million to the FIC, which the agency will use to hire staff for the forensic unit and its expanded supervisory role, Malan said. “The lion’s share of the funding is going to go to increasing the supervision capacity,” he said. In December the FIC’s purview was increased to include designated non-financial businesses and professions, such as property practitioners, casinos, gaming houses, trusts and crypto assets. “We are looking at close to 60 000 entities we would have to bring into the net,” a ten-fold increase, and the

Sunday that it had issued the gazette in response to a letter from Eskom chairperson Mpho Makwana. Eskom would still be required to disclose all information required by IFRS and general debt listing requirements. In granting the exemption, Godongwana will also set conditions, which will be laid out in a letter to Makwana. The conditions will include: All irregular, fruitless, and wasteful expenditure must still be detailed in the Eskom annual report; Irregular expenditure that occurs through criminal activity or losses must still be dis-

aim is to have them all registered by December, Malan said. “The FATF needs us to account on this early next year.” To provide better data on the ownership structures of companies and trusts, the FIC’s corporate registry — the Companies and Intellectual Property Commission, which administers about 2.1 million active entities — will initiate the compilation of a beneficial ownership registry next week, subject to regulations being passed, Malan said. “The regulations are in the final stage of drafting,” he said. “We are hopeful they will be considered on Monday and, with that, the CIPC will have the legal mandate to receive beneficial ownership information from companies.” -Fin24

closed in the financial statements and the annual report. While the measure has provoked suspicion and outrage, with the EFF issuing a statement condemning it, the Treasury said it would issue a technical explanation soon to explain the rationale behind the measure, which was not an attempt to evade transparency but arose from technical accounting issues brought about the PFMA. The terms “irregular”, “wasteful” and “fruitless” expenditure are not accounting terms. While some irregular expenditure arises from corruption, some arises

from contraventions of accounting rules. But because these are key concepts in the PFMA, the Auditor-General considers them grounds to qualify audit findings. Qualified audit findings, in turn, pose a threat to debt covenants between lenders and stateowned entities. The exemption occurs in a context where both the Eskom board and the Treasury are attempting to restore Eskom’s balance sheet to health through debt relief. This will enable Eskom to borrow again to invest, particularly in new transmission infra-Fin24 structure.

The Swakopmund Lions Frail Care Centre is seeking an experienced registered Sister for a full-time position. • •

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PHOTO REUTERS

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Market Watch

TUESDAY 4 APRIL 2023

Economic Indicators Currency

Spot

Currency

Spot

1M

3M

6M

12M

USD/NAD

17.88584

NAD/AUD

0.083289

USD/ZAR

17.9416

18.0396

18.1933

18.5182

EUR/NAD

19.3963

NAD/NZD

0.08951

EURO/ZAR

348.2028

350.1719

353.2392

359.6853

GBP/NAD

22.06451

NAD/BWP

0.7302497

GBP/ZAR

396.0823

398.2716

401.6869

408.8697

NAD/CHF

0.3843445

NAD/JPY

7.46

ZAR/JPY

7.4043

7.3012

7.1433

6.8403

Please call your Private Banker or alternatively SMS PMM to 34778 *Effective rate (withholding tax still to be applied)

COMPANY NEWS IN BRIEF MOHAHLAULA AIRLINES SUING LESOTHO GOVERNMENT A Lesotho aviation charter company is suing the Lesotho government for damages because mines in the country do not use its services to transport diamonds to South Africa by plane. Court documents, dated 28 March 2023 and seen by News24, show that Bohlokoa Aviation, trading as Mohahlaula Airlines, is suing the Lesotho government in the High Court of Lesotho for damages of R10 million plus interest. It claims that the Lesotho government is breaching the country’s mining law, which stipulates that local services should be used, if available, over similar outside services. Mohahlaula Airlines is based at the Moshoeshoe I International Airport in Maseru. Lesotho’s Mines and Minerals Act provides that the holder of a mineral right shall, “with due regard to the need to ensure safety, technical and economic efficiency”, use services available in Lesotho. In 2017, the company identified an opportunity created by the law to transport diamonds from mines in Lesotho to South Africa and do aerial survey work for the mines. Investment capital was raised to invest in its services. Mohahlaula claims it incurred large costs, including obtaining aircraft, pilots and other staff, equipment, insurance, permits and licences, and operating capital. In March 2020, the company made the diamond mines in Lesotho aware of its services but received no response. In January 2022, the company raised the issue with the Lesotho Department of Civil Aviation. Mohahlaula claims the Lesotho Civil Aviation Authority keeps issuing foreign operators temporary airspace permits, enabling the Lesotho mines to avoid using locally -Fin24 available services. BELL’S PROFIT SURGES AMID STRONG DEMAND Bell Equipment, which makes and sells heavy machinery such as dump trucks and forklifts, said it cashed in on robust demand from the mining industry in 2022, growing profits by almost two-thirds, while also maintaining a record order book. Profit after tax increased 63% to almost R639 million to end-December, the company said, with its final dividend jumping 80% to 90c per share, about an R86 million payout. Valued at about R1.6 billion in the JSE, Bell generates almost 60% of its revenue from its SA segment, while also selling equipment internationally, including in Europe, Asia and the rest of Africa. Group sales were up 28% in 2022, the company said, also benefiting from an easing of global supply chains. SA experienced a positive year as well, it said, with favourable commodity prices fuelling demand in the mining industry, while demand was strong in the US and UK despite high inflation levels. The order book is being maintained at record levels, with the group saying it was taking orders for 2024. Bell CEO Leon Goosen said in a statement that increased demand for commodities, country-specific post-Covid-19 stimulus packages, and increased infrastructure spending in several markets had driven demand for articulated dump trucks in particular. -Fin24

BOTSWANA’S MINERGY REPORTS BOOMING REVENUES Botswana coal miner, Minergy Limited, reported a 146% surge in interim revenues due to strong coal sales. But tough times lie ahead as commodity prices fall while a heavy debt burden continues to weigh on the company. As reported in its results for the six months ended in December 2022, Minergy produced an operating profit for the first time thanks to a “remarkable improvement in revenue” owed to high global demand and coal prices which supported product exports through Walvis Bay in neighbouring Namibia. Notably, the inflows have seen Minergy reduce its net loss before taxation by 37% from 91 million pula (R123.9 million) for the comparative six-month period to 58 million pula (R79 million) for the interim period, thanks to increased revenue. The exceptional demand for coal created by the war in Ukraine and the resultant impact on Minergy’s performance started early in March 2022. The miner reported a 53% increase in volumes during the period under review, supported by some 147 000 tonnes which were exported via Walvis Bay. Coal prices were about 66% higher than the comparative six-month period, Minergy noted. To sell the additional coal supported by buoyant export markets, mining at Masama was ramped up to full capacity. “This came with further investment into work in progress and increases in contract mining and other services trade accounts”, Minergy -Fin24 said. JURY TAKES OVER AS MULTICHOICE SA BOSS MultiChoice South Africa CEO Nyiko Shiburi is relinquishing the role after three years to head up a newly created technology division at the Randburg-based pay-TV company. SuperSport CEO Marc Jury will be the new MultiChoice SA CEO. Teix Texeira is stepping in as interim SuperSport CEO for a year. Rendani Ramovha, the head of marketing and commercial for SuperSport, has been appointed as SuperSport CEO-designate and will take over the position from April 2024. MultiChoice told News24 on Friday afternoon that Shiburi was exiting his position as MultiChoice SA CEO and becoming MultiChoice group chief technology officer. The company says it is uniting its broadcast technology division, enterprise business systems, group digital, DStv streaming technology and project management office under one division. “We are repositioning our technology area to lead our next growth phase and to deliver on our vision of becoming the technology platform of choice for African households,” says Calvo Mawela, MultiChoice group CEO. “Nyiko has extensive leadership experience in the technology space, having grown within the MultiChoice ranks from senior manager for broadcast engineering and group GM for the broadcast technology division. “His technology background and experience places him in good stead to lead this new division and deliver the best technology to -Fin24 achieve our goals.” ABSA EYES BLACK OWNERSHIP Absa has announced a new broad-based

PHOTOS REUTERS

black economic empowerment (B-BBEE) scheme worth R11.2 billion that will increase its black ownership by about 7 percentage points. Its last empowerment report showed black share ownership stood at 17.56% in 2021, with the bank saying that after the transaction, its black ownership will exceed the 25% threshold set out in the Financial Sector Charter. The bank hopes to implement the deal before the end of this year, with shareholders set to vote on the matter on 2 June. A Corporate Social Investment (CSI) trust, for the benefit of black communities, will indirectly own a 4% shareholding, while a staff trust will indirectly hold 3% of Absa. Black staff members in South Africa will receive just over 82% of the value of the staff trust, it said, while the equivalent of approximately 1% of Absa will be made available to staff employed by subsidiaries in other markets. –Fin24 PSG WEALTH ORDERED TO PAY CLIENT The South Gauteng High Court in Johannesburg has ordered a financial services company to pay a client more than R800 000 stolen by fraudsters through email cybercrime. Judge Denise Fisher ruled in favour of Jan Jacobus Gerber who sued a PSG Wealth Financial Planning for the loss he sustained due to the unlawful electronic transfer of money intended for his retirement that he had invested with the company. Judge Fisher said it had become routine for business to be conducted via email and it had now become common for these emails to be accessed remotely by fraudsters. She said business email compromise (BEC) had become rife and that both parties had been victims of the fraud. “The question is, who should bear the losses,” she said. Judge Fisher said Gerber had a share portfolio which had been managed by PSG, through its representative Jonathan Fisher, for more than a decade. Gerber had a share and cash portfolio with

investments totalling R855 413 as at September 2019. This could be liquidated and paid out at Gerber’s request. The judge said that the contact between Fisher and Gerber was rare. The dealings entailed no more than a monthly statement, detailing his account activity, sent via email to Gerber. Then, in October 2019 there was a “somewhat unusual request” when Fisher received an email, purportedly from Gerber, requesting to liquidate R250 000. The email also provided details of a new bank -Fin24 account with FNB. MOMENTUM CAPS POWER SURGE PAYOUTS Momentum Insure reduced the amount it pays out for power surge claims. The Centurion-based insurer sent a letter to its customers informing them that power surge cover under their buildings and contents policies will be capped to a maximum of R10 000 per claim. Customers will still pay a standard excess of R3 000 per incident for all power surge claims. It wrote that the changes were necessitated by “the significant increase in power outages across the country, the inconsistency of the current provided to homes and businesses, and the increase in power surge-related claims.” Previously, the insurer only committed to covering loss or damage caused by power surges or dips without putting a limit on the payable claims. If people want to be covered for more than R10 000 per event, they’d have to cough up more in terms of their monthly premiums. Momentum Insure said customers can increase their default cover with extended power surge cover up to a maximum of 30% of the total sum insured. Momentum is not the first insurer to try to hedge its risks against power surge claims. OUTsurance and Bryte Insurance are among those who have implemented larger excesses for these claims. -Fin24

4

Market Watch

TUESDAY 4 APRIL 2023

VAT refunds surge by almost 22%

SARS collects more than R2 trillion Load shedding is affecting companies’ profitability too – a double whammy for SARS, as it collects less corporate income tax from those affected while paying higher refunds. LONDIWE BUTHELEZI

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he South African Revenue (SARS) collected just over R2 trillion in gross tax revenues over the past year, a 9.7% increase from the 2021/22 tax year. The gross revenues were R123 billion, above what the Finance Minister estimated in the 2022 budget speech. This was the first time that SARS exceeded the R2 trillion gross tax revenue mark. But it was R5 billion below SARS’s

own revised estimate. “Basically, for all intents and purposes, we have achieved what the [Finance] Minister set us out to achieve,” said SARS commissioner Edward Kieswetter. Total tax refunds surged by almost 19% to more than R381 billion, with value-added tax (VAT) refunds increasing by almost 22% to R319 billion. “We’ve seen a higher than usual growth in VAT refunds. In fact, it’s the highest we’ve ever paid out. The R381 billion is

their smelters, and some of them get damaged in the process of being on and off,” said Makwakwa.

It said the first six months of the new tax year will be telling.

Power

Edward Kieswetter, Commissioner of SARS. PHOTO BUSINESS LIVE

R60 billion more than last year,” said Kieswetter. SARS said the refunds were primarily driven by

capital investments by companies. SARS chief revenue officer Johnstone Makhubu said that

INVITATION FOR BIDS OPEN ADVERTISED BIDDING The Namibia Integrated Landscape Approach for Enhancing Livelihoods and Environmental Governance to Eradicate Poverty (NILALEG) Project under the Ministry of Environment, Forestry, and Tourism, is inviting bids for the following:

while zero-rated exports largely drove the refunds, SARS saw a significant increase in capital investment imports. The head of the large business unit in SARS, Narcizio Makwakwa, said the capital investments included maintenance due to load shedding damage. For instance, in the mining sector, while companies invested in extending the life of their mines, there was also an increase in maintenance investment. “When they run some of their equipment, and there is load shedding up and down, it does affect

More companies have been repairing and replacing equipment affected by power outages in the past year. Insurers have also flagged the massive jump in power surge claims because of the power cuts. Load shedding is affecting companies’ profitability too – a double whammy for SARS, as it collects less corporate income tax from those affected while paying higher refunds. The mining sector, which blessed SARS with a tax collection windfall in the previous year, had a less buoyant year. Commodity exports were lower as the demand from China fell. Transnet’s railing problems also throttled companies. “We do think that has got some linkage to the Transnet’s ability to assist in the evacuation of those minerals. But also, we feel that load shedding that is in the background affects miners,” said Makhubu. As load shedding continues, SARS expects corporate income tax to lag because some smaller businesses aren’t coping.

We’ve seen a higher than usual growth in VAT refunds. In fact, it’s the highest we’ve ever paid out. Edward Kieswetter, Commissioner: SARS

In the past year, tax collection from fuel levies was affected by National Treasury’s decision to temporarily reduced the general fuel levy to smoothen the impact of higher fuel prices on consumers and businesses last year. Makhubu said the tax agency estimated that refunds would amount to around R314 billion over the past year. Because of the high level of refunds, SARS ended the year with R1.7 trillion in net tax revenue, a 7.9% increase from the previous tax year. -Fin24

Bid Description

S/No. Bid Number 1

G/RFQ/NILALEG-18/01/2023

Supply and Delivery of 6x 3-In-1 Bos Kos Milling Machines for Omaoipanga landscape, Kunene Region

2

W/RFQ/NILALEG-18/02/2023

Installation of a Water Point (Borehole) with a Solar Power Infrastructure at Mpungu Constituency Office, Nkulivere landscape, Kavango West Region

3

W/RFQ/NILALEG-18/03/2023

Electrification of Omauni Carpentry Workshop and Community Forest Office, Okongo landscape, Ohangwena Region

4

NCS/RFQ/NILALEG-18/04/2023

Design and Printing of Project Visibility Signboards for Various Sites for the NILALEG Project

5

NCS/RFQ/NILALEG-18/05/2023

Application and Registration of Mining Claim for UukolonkadhiRuacana Conservancy (Slasto Mining and Processing Plant)

6

CS/RP/NILALEG-18/06/2023

Safeguards Consultancy to Conduct a Risk Screening Assessment and Develop an Environmental and Social Management Plan for the NILALEG Project.

7

G/RFQ/NILALEG-18/07/2023

Supply and Delivery of Cattle to Zambezi Landscape, Zambezi Region

Bid Clarification

7 days before the closing date, Until 17th April 2023

Bid Closing Date & Time

26th April 2023 @ 11h00

Bid Opening Date & Time

26th April 2023 @ 11h10

Detailed bidding documents are available on the Ministry of Environment, Forestry, and Tourism website: https://www.meft.gov.na/tenders/ If any queries, please direct them to: Mr. S.T Johannes @ [email protected]. Interested bidders can submit their bids in the NILALEG Bid Box by the “Main Entrance”, in sealed envelopes, CLEARLY marked with the “BID NUMBER AND DESCRIPTION” as stated above, with the “NAME of the BIDDER” at the back of the envelope, to the address below. The NILALEG Project Ministry of Environment, Forestry, and Tourism (MEFT), C/o Dr. Kenneth David Kaunda Street and Robert Mugabe Avenue, P.O. Box 13306, Ausspannplatz, Windhoek PLEASE NOTE: Failure to mark your envelopes will result in disqualification. Please note that it is the bidder’s responsibility to make sure that bids are placed in the correct bid box.

The Agenda is a weekly national affairs interview program hosted by Namibian Sun Editor Toivo Ndjebela featuring a panel of high-profile newsmakers, analysts and experts. The show targets high-end news consumers seeking informed understanding of national issues. Every Sunday 21h00 on NTV

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5

Market Watch

TUESDAY 4 APRIL 2023

Global business giants warn Uganda Anti-gay laws: Blackmail risk Uganda is seeking funds for developing oil fields — with partners TotalEnergies and Cnooc — and build a US$4 billion pipeline. PHOTO REUTERS

The bill, which includes death and life-imprisonment sentences in certain cases, may prompt overseas firms to pause their investments.

U

gandan legislation that sets harsher penalties for violating laws outlawing homosexuality opens companies and workers in the East African nation to the risk of blackmail. A bill awaiting assent by President Yoweri Museveni, an LGBTQ critic, will force companies to report homosexual people to the authorities. That’s “unacceptable” and leaves firms vulnerable to “blackmail if accused of breaking any of the laws,” Open for Business, an alliance of global companies including JPMorgan Chase, Meta and Deutsche Bank, said in a letter to Museveni. The bill, which includes death and life-imprisonment sentences in certain

A decision to go ahead with this bill will make it very difficult for global companies to do business in the way they know, and in line with best practice. Jon Miller, Chair: Open for Business cases, may prompt overseas firms to pause their investments. Uganda is seeking funds for developing oil fields — with partners TotalEnergies and Cnooc — and build a US$4 billion pipeline. The landlocked nation will also need investors as it constructs a railroad

and a proposed nuclear power plant. “A decision to go ahead with this bill will make it very difficult for global companies to do business in the way they know, and in line with best practice,” Jon Miller, chair of Open for Business, said in an interview. “It will almost certainly influence and play into decision-making when it comes to investing in Uganda.” The projects are crucial for Uganda’s economy, which the International Monetary Fund forecasts will expand 5.9% this year. The oil fields and the pipeline may generate about $70 billion of revenue for the nation during their life. Research conducted by Open for Business, which advocates for LGBTQ people, showed that discrimination against the community cost neighbouring Kenya’s economy $4.2 billion. It also cost India 1.7% of its $3.2 trillion economy, according to the research.

Rights “Respect for each other is a cardinal core value for TotalEnergies and nondiscrimination of any kind is a founding principle of human rights,” the French energy firm said in an emailed response. “That is why TotalEnergies has reminded the Ugandan authorities of its values through its CEO to President Museveni.” Standard Bank, Africa’s biggest lender by assets, said the issue was an important one and it plans to “apply our minds in a considered manner over a period of time”. Muhoozi Kainerugaba, Museveni’s son, tweeted that Uganda could do without foreign investors. In 2013, Uganda’s parliament passed a bill that carried a life sentence for “aggravated homosexuality.” The law was endorsed by Museveni despite international condemnation by people including then-US President Barack Obama. In a sign of what the community could face once more, a day after

Museveni signed the bill on February 24, 2014, a tabloid newspaper published a list of dozens of people it said were from the LGBTQ community.

The nation’s Constitutional Court in August that year annulled the law, citing flaws in the legislation process. Lawmakers pledged to rein-

troduce the bill after the court order. Nine years later, Uganda’s parliament passed the 2023 Anti-Homosexuality Bill on March 21.

“Museveni must urgently veto this appalling legislation,” Tigere Chagutah, regional director at Amnesty International, said in a statement on

March 22. “This deeply repressive legislation will institutionalise discrimination, hatred, and prejudice against LGBTQI people.” -Fin24

COMMERCIAL RISK SURVEYOR The Commercial Risk Services division in Namibia has a position available for a Risk Surveyor. This position will be based in Windhoek, Namibia. JOB DESCRIPTION The Risk Surveyor has to assess and quantify physical risk exposures at our client facilities while applying relevant technical knowledge to make an informed decision. Surveyors conduct detailed risk assessments of a facility and provide an in-depth view of the risk to underwriters assisting them to underwrite the risk appropriately. RESPONSIBILITIES The candidate will be expected to perform (but not limited to) the following duties: • Travel to the client’s facilities to complete surveys and risk assessments. • Conduct a comprehensive survey and assessment of small to medium commercial, industrial and agricultural risks • Identify suitable risk management and risk reduction requirements. • Calculate and define MPL scenarios based on the layout of each facility (including Business Interruption assessments). • Compile comprehensive risk reports with risk reduction requirements based on the risk assessments carried out. • Communicate effectively with brokers, the insured’s staff as well as internal Santam staff. • Complete compulsory theoretical and practical training programs as required (in Namibia & South Africa) related to technical risk management and risk identification. • Demonstrate basic knowledge related to fire hazards, construction materials, fire risk management, fire protection systems and equipment, occupational health & safety, machinery and equipment as well as manufacturing processes. Natural hazards such as Flood, Subsidence, Wind and Storms are also included. More advanced risk management knowledge will be obtained after completion of the relevant training programmes/material. • Engage with Management and other internal stakeholders as required. QUALIFICATIONS AND EXPERIENCE • Relevant Engineering Degree/Diploma and/or Extensive Fire Brigade experience • 1-3 years relevant Risk Surveying experience. • Technical risk management experience will be an advantage (Shortterm insurance related) • Matric (essential) • Valid drivers’ license • Occupational Health and Safety qualification/knowledge/experience • Risk management qualification (advantageous) • FPSAS qualification (advantageous) • Valid Driver’s License. COMPETENCIES • Delivering results and ability to work under pressure whilst meeting customer expectations. • Relating and networking with the ability to collaborate effectively. • Analysing and attention to detail whilst interpreting data, information and real-time scenarios. • Applying expertise and using technology. • Achieving personal as well as Company goals and objectives. • Learning and researching. • Time management, planning and organizing. • Writing and reporting. • Following instructions and procedures as well as client Protocols (e.g., induction). • Working with people. • Ability to be client focused. • Adhering to principles and values.

SKILLS • Ability to learn and research. • Ability to manage own work environment. • Good analytical and problem-solving skills and abilities. • Communication Skills. • Understanding of basic fire hazards, firefighting, risk identification. • Basic report writing. • Use of MS Office 365. • Use of policy information systems. • Capacity to operate under pressure. • Self-starter. • Knowledge of Underwriting and underwriting processes. • Knowledge of the policy wording. • Technology awareness and capability. • Excellent communication and interpersonal skills • Analytical ability and solution orientated. • Good written and verbal competence. • Good presentation and report writing skills. • Ability to speak and write in English and Afrikaans. • Ability to achieve targets independently. • Focus on quality, integrity and high level of professionalism. • Positive contribution in a team and working under pressure. • Ability to work within a team environment as well as individually. • Insurance risk management principles/knowledge. • Short term insurance industry knowledge. • Demonstrate an understanding of relevant fire protection, risk management and applicable building codes/standards. • Desire to learn, apply knowledge and advance in the technical risk management field related to insurance ABOUT THE COMPANY Santam is the market leader in the general insurance industry in Namibia and Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in Namibia, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We are about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees. At Santam, we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals, we give preference to applicants from the designated groups in alignment with the Employment Equity targets TO APPLY FOR VACANCIES Qualified applicants are invited to submit a cover letter, CV, certified copies of documents and salary requirements to: [email protected] Kindly ensure to include a copy of your Grade 12 certificate and clearly indicate the position which you are applying for. Only shortlisted candidates to be contacted. Closing date: 17 April 2023

6

Market Watch

TUESDAY 4 APRIL 2023

GET IN TOUCH WITH US Share your news with [email protected]

PROPERTY

WATCH OUR WEEKLY SHOW, TUESDAYS @ 21H00 ON NTV, AND ONEUPTWO.COM OR VIA FACEBOOK ON THE NAMIBIAN SUN, ALLGEMEINE ZEITUNG AND REPUBLIKEIN PLATFORMS, AT 19H00

SPONSORED BY NEO PAINTS

Situated at 51 On Lazarett in the Southern Industrial Area, this property is close to Maerua Mall and the central business district. PHOTOS CONTRIBUTED

Airbnb: A host with the most A home away from home Irma Hambuda has hosted locals, as well as guests from Togo, Nigeria and even China. STAFF REPORTER

Not just for Namibians Weder Kauta & Hoveka “Weder Kauta & Hoveka Inc is a premier law firm providing a comprehensive range of legal services and solutions for domestic and international clients. The firm has a reputation as one of the leading law firms in Africa. International and cross-border work forms an important part of our business. We recently collaborated with Andersen tax group to broaden these connections. Our clients are private and public companies from abroad, local and international banks, development finance agencies and non-government organisations in all sectors of the economy. We advise on business law, corporate finance and capital markets, project finance, financial services, banking, power, telecommunications law, infrastructure, transport, manufacturing, tourism, agriculture, and labour law. We represent clients in litigation and provide dispute resolution advice in all of these areas. To meet the expectations of our clients we have arranged our practice so as to provide teams of lawyers for large-scale transactions when needed. Our transaction teams are led by experienced partners who stay closely involved in all aspects of the matter. Our objective is to provide high quality legal and commercial advice through an efficiently managed professional practice that will facilitate our clients’ needs locally and abroad. Contact us today!”

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ith more than 10 years of experience as a real estate agent, Irma Hambuda knows what it takes to be a good host and what guests want.

“I love meeting new people, so it was a natural progression to become an Airbnb host.” She has hosted guests from Togo, Nigeria and even China and said her apartment attracts a lot of locals from outside of

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Windhoek as well. “I enjoy hosting international clients because they teach you something new about their culture.” Hambuda has a property at 51 On Lazarett, and wants to create a home away from home for her guests. “When you are in a different city or even country, you want to feel safe.” She explained that most of her guests travel for work and need a dedi-

cated workstation and a washing machine to do their own laundry. Within the Airbnb industry, many hosts are marked as ‘super hosts’, which means they exceed guest expectations and are very reliable. The platform was started in 2008 by Brian Chesky and Joe Gebbia, two industrial designers who had recently moved to San Francisco. Unable to afford rent for their loft at the time, the pair decided to make up the money they needed by renting out their apart-

ment to people who couldn’t find hotels to stay at while attending nearby trade shows. They set up air mattresses in the apartment’s living room for their guests to sleep on and cooked homemade breakfast in the morning. Since then, Airbnb has become one of the trailblazers of peer-to-peer property rental sector. So, whether you want to book a stay for a business meeting or some fun, download the Airbnb app today and make a booking.

7

Market Watch

3TUESDAY 4 APRIL 2023

Market Watch SPERTYE: DEADLINES:

Kleinadvertensies • Classifieds

13:00 TWEE WERKSDAE VOOR PLASING 13:00 TWO WORKING DAYS PRIOR TO PLACEMENT

TEL: 061*297 2175 FAX: 061*239 638 EMAIL: [email protected]

Geen advertensies sal telefonies aanvaar word nie. INHOUDSOPGAWE

CONTENTS

001 002 003 004 005 006 007

Sterfgevalle In Memoriam Dankbetuigings Verlore Kennisgewings Persoonlik Opleiding

008 009 010 011 012 013 014 015 016 017

Betrekkings gevra Vakatures Spesiale dienste Gelukwensings Eiendomme Bou en verf Akkommodasie Te huur gevra Te huur Kommersieel te huur gevra Kommersieel te huur Kommersieel te koop gevra Kommersieel te koop Allerlei te koop gevra Allerlei te koop Diere Motorfietse en fietse Motors Vragmotors en sleepwaens Huise te koop gevra Huise te koop Besighede Plase te koop gevra Plase te koop Veilings Erwe te koop gevra Erwe te koop Regskennisgewings

001 002 003 004 005 006 007 008 009 010 011 012 013 014 015 016 017

018 019 020 021 022 023 024 025 026 027 028 029 030 031 032 033 034 035

018 019 020 021 022 023 024 025 026 027 028 029 030 031 032 033 034 035

Death Notices In Memoriam With Gratitude Lost Notices Personal Training Employment Wanted Vacancies Services Congratulations Properties Construction Accommodation Wanted to Let To Let Commercial Wanted to Let Commercial to Let Commercial Property to Buy Comm. Property for Sale Goods Wanted to buy Goods for Sale Animals Bicycles and Motorcycles Vehicles Trucks and Trailers Residential Prop. to Buy Residential Prop. for Sale Businesses Farms Wanted to Buy Farms for Sale Auctions Erven Wanted to Buy Erven for Sale Legal Notices

RATES & DEADLINES To avoid disappointment of an advertisement not appearing on the date you wish, please book timeously. Classified smalls, notices and display smalls: 13:00, two working days prior to placing. A handling fee of 15% is payable on cancellations received in writing by 13:00 two days before scheduled publication. No cancellation will be accepted if received after this deadline. RATES: (Monday * Friday) › Classifieds Smalls: N$105 for the first 20 words and N$2.40 (15% Vat included) for every word thereafter › Display Smalls: N$108.10 per col/ cm (15% Vat included) › School notices: N$66.70 (15% Vat included) per col/cm › Churches: N$66.70 (15% Vat included) per col/cm › Sport Clubs: N$66.70 (15% Vat included) per col/cm › Births, engagements, marriages, deaths, In memoriam: N$66.70 (15% Vat included) per col/cm › Legal Notices: N$697 for the first 300 words and N$2.40 (15% Vat included) for every word thereafter

CONDITIONS OF ACCEPTANCE: Republikein reserves the right to withhold or cancel any advertisement order that has been accepted. Republikein accepts no liability for failure to publish an advertisement received by telephone. ERRORS: Please report errors immedi*ately. Republikein accepts no responsibility for more than one incorrect insertion of any advertisement of any cost beyond the cost of the space occupied by the faulty advertisement. No re*publication will be given due to small typographical errors which do not lessen the effectiveness of the advertisement. Republikein does not accept responsibility for mispresentation in advertisements.

BOOK & PAY FOR YOUR CLASSIFIED ADS ONLINE Visit https://classifieds.my.na * log in via your my.na account and follow the easy steps to upload your classified ad.

Y TODA... IS

WORLD OBESITY DAY

Maintaining a healthy weight can be a challenge, but a balanced diet and regular exercise can improve physical health and mental wellbeing, reducing the risk of health issues associated with excess weight. One of the biggest health crises faced today by the people of the world, obesity affects nearly one in six people. In fact, approximately 800 million people in today’s world are living with obesity, and more are affected by it, including friends and family members of those who struggle. Obesity is more than simply being a few pounds overweight, but it is the point where this presents a risk factor to health. Millions of people die each year from problems related to obesity.

009

Vakatures Vacancies

N/A’AN KU SE FOUNDATION: An exciting and challenging opportunity is available for an Airfield and Farm Manager to join our team. The successful incumbent will be based at the N/a’an Ku Se Wildlife Sanctuary, 45km from Windhoek. Main Responsibilities(but not limited to):*Maintain animal camps to meet MET standards. * Spray arboricides and herbicides to control vegetation. * Work in proximity of large carnivores. * Liaise with wildlife and research departments regarding animal movements. * Manage daily work schedule for workers. * Procure and collect meat for carnivores. * Project management of the construction of new camps in accordance to MET standards. * Manage project costing, material, and additional labour recruitment. * Set up all airstrips in compliance with NCAA Namcars regulation. * Perform ongoing maintenance of airstrips. * Compile SMS manual and Airfield manual. * Clear landing strip for inbound and outbound aircraft. * Refuel and clean V-pit, perform routine maintenance that does not need certification on A/C. * Perform general farm management duties such as fence repairs, water and electricity maintenance. * Manage water, including daily meter readings, distribution, and monthly water audits. * Manage fuel, including stock control, ordering, receiving, dispensing, and sporadic fuel audits. * Manage gas stock control, returning empties, and collecting full ones. * Manage logistics for animal feed, rubbish, and recycling. * Perform maintenance and stock control for firefighting equipment. * Drive lorry as needed for animal conflicts or for picking up materials. * Drive 3-ton trailer as needed. * Manage farm security. * Develop and implement farm sustainability initiatives. * Develop and implement Naankuse Green Initiative. Job requirements: *10 Year sand more of managerial experience in a position of responsibility. * Have a minimum of 5 years of experience in farm management. * Have a minimum of 5 years of experience in aviation. * Demonstrate expertise in complying with NCAA regulations. * Possess extensive knowledge of small aircraft operations and maintenance. * Have experience in keeping aerodrome manuals up to date. * Have experience in aerodrome safeguarding. * Exhibit exceptional business acumen, including planning, budgeting, costing, and logistics. * Have a proven track record of staff motivation and management. * Demonstrate experience in infrastructure development. * Show expertise in vehicle and implement maintenance. * Fluent in English. * Fully proficient in Microsoft Excel, Access, Word, and PowerPoint. * Hold a valid driver’s license (C1 and C1E) with no endorsements. * Have a clear criminal record. * Possess a recognised tertiary qualification in agriculture. * Hold a recognised qualification to oversee light aircraft movements. Remuneration: *A salary in line with experience and qualifications of the applicant.

No advertisements will be accepted telephonically. 009

Vakatures Vacancies

* Meals and accommodation when the candidate is at the N/a’an Ku Se Wildlife Sanctuary. * Compulsory Membership of the Naankuse Medical Aid Group at own cost. Closing date for applications: 07 April 2023 Starting date: 17 April 2023 To apply for this position, please email your CV to: jobs@ naankuse.com. Alternatively, you can use the NIEIS system at https://nieis. namibiaatwork.gov.na/. Please note that we are an ecofriendly and paperless company, therefore hand-delivered CVs will not be accepted. The reference should be Airfield and Farm Manager Only short-listed candidates will be contacted by: 10 April 2023 DM0202300409143

010

Spesiale dienste Services

PTR TRANSPORT: Trokke te huur binne en buite Windhoek. Ons vervoer alles. Drywer ingesluit. Skakel vir bekostigbare pryse. PW 081 4834893. DM0202300409045

016

Te huur To Let

KARIBIB EXT 1 Huis te huur en leë erwe te koop, veilige rustige area. Skakel Annalie 0816184402. DM0202300409145

035

Regskennisgewings Legal Notices

IN THE  High Court of Namibia (Main Division – Windhoek) CASE NO: I 1854/14 In the matter between: DEVELOPMENT BANK OF NAMIBIA, Execution Creditor and TJIJENDA INVESTMENT GROUP CC, 1st Execution Debtor RICKY TJIJENDA, 2nd Execution Debtor MELANIE SOPHIE TJIJENDA, 3rd Defendant NOTICE OF SALE IN EXECUTION In the execution of a Judgment by the High Court of Namibia, Windhoek, given on the 22nd day of May 2023, the following movable property will be sold by Aucor Windhoek by public online auction on the 20th of April 2023 starting at 09H00 at www.aucornamibia.com and stored at the premises at ERF 49, cnr of Michelle Mclean & Platinum Street, Prosperita, Windhoek, Republic of Namibia. 1 X GRAND I 10 REG NO: N 16303 W 1 X FORD KUGA REG NO: N 3407 W TERMS OF SALE: Cash and “Voetstoots” to the highest bidder. DATED AT WINDHOEK ON THIS 27TH DAY OF MARCH 2023. ELLIS SHILENGUDWA INC LEGAL PRACTITIONERS FOR PLAINTIFF 1st Floor, 1@Steps Building Corner of Chasie & Grove Streets Kleine Kuppe, WINDHOEK Ref: (MJV/MAT1576) DM0202300409066

025

Motors Vehicles

1995 VOLKSWAGEN GOLF MK 3 GSX 1.8, 8 Valve km 95448, colour white. Full service record, car is based in Karibib. N$65 000. Negotiable. Call 0818085045. DM0202300409144

035

Regskennisgewings Legal Notices

NOTICE Take notice that JG van der Merwe Town and Regional Planner, in terms of the Urban and Regional Planning Act, 2018 (Act No. 5 of 2018) intends applying to //Kharas Regional Regional Council and Urban and Regional Planning Board, on behalf of Orange River Vineyards Investment (Proprietary) Limited, for the following: * Subdivision of Portion 224 of the Farm Aussenkehr No. 147 into 39 Portions and Remainder. Further take notice that the Subdivision Plans are open for inspection at the //Kharas Regional Council in Wheeler Street, Keetmanshoop during normal office hours at the office of Acting Director of Planning and Development Services. Should any person wish to comment on the proposed Subdivision Plans, such comments together with the grounds thereof may be lodged in writing to the Chief Executive Officer, //Kharas Regional Council, Private Bag 2184, Keetmanshoop or with Mr. Saschika ([email protected]) and with the applicant in writing within 14 days of the last publication of this notice. The last day for comments is 25 April 2023. J.G. van der Merwe Town and Regional Planner P O Box 6501Windhoek E-mail: [email protected] Tel: 081-1283939 DM0202300409055

Market Watch To advertise, call: The Classifieds t: 061-297 2055

IN THE  High Court of Namibia Main Division – Windhoek Case No: HC-MD-CIV-ACTCON-2019/01358 In the matter between: FIRST NATIONAL BANK OF NAMIBIA LIMITED, Plaintiff and PERFECT CONSTRUCTIONS CC, First Defendant JOSHUA TWAMONENI SHOOPALA MUKWENDJE, Second Defendant NOTICE OF SALE IN EXECUTION In execution of a Judgement of the above Honourable Court in the above action, a sale without reserve will be held by the Deputy-Sheriff, Windhoek, at Erf No.677, Goreangab Extension No. 2, Windhoek, on 18 APRIL 2023, at 12h00, of the undermentioned property: Certain: Erf No. 677, Goreangab Extension No. 2 Situated: In the Municipality of Windhoek Registration Division “K”, Khomasdal Region, Measuring: 522 (Five Two Two) square metres Held: by Deed of Transfer No. T5434/2017 PROPERTY DESCRIPTION: Three bedroom dwelling with lounge, dining room, kitchen and bathroom TERMS 10% of the purchase price and the auctioneers’ commission must be paid on the date of the sale. The further terms and conditions of the sale will be read prior to the auction and lie for inspection at the office of the Deputy-Sheriff, Windhoek and at the offices of the execution creditor’s attorneys. AUCTIONEER’S NOTE: REFUNDABLE REGISTRATION FEE OF N$5 000.00 DATED at WINDHOEK this 15TH day of FEBRUARY 2023. DR WEDER KAUTA & HOVEKA INC Legal Practitioner for Plaintiff WHK House Jan Jonker Road WINDHOEK REF: MAT18434 DM0202300408281

035

Regskennisgewings Legal Notices

IN THE  High Court of Namibia Case No: HC-MD-CIV-ACTCON-2017/00558 In the matter between:FIRST NATIONAL BANK OF NAMIBIA LTD, Plaintiff and GLOBAL COMMODITY TRADERS, Defendant NOTICE OF SALE IN EXECUTION OF IMMOVABLE PROPERTY Pursuant to a Judgment of the above Honourable Court granted on 24 MARCH 2017, the following immovable property will be sold without reserve and voetstoots by the Deputy Sheriff of the District of Ongwediva on 18 April 2023 at 11h00 at Erf 4350, (Extension No 10), Ongwediva CERTAIN: Erf No. 4350, Ongwediva (Extension No. 10) SITUATED: In the Town of Ongwediva, Registration Division “A”, Oshana Region MEASURING: 656 (six five six) Square Metres Consisting of a single residential dwelling attached to a double garage. 1x TVRoom, 1x dining room, 1x kitchen, 1x lounge, 1x store room, 2x bathrooms, 3x bedrooms The “Conditions of Sale-inExecution” will lie for inspection at the office of the Deputy Sheriff at ONGWEDIVA and at the Head Office of Plaintiff at WINDHOEK and Plaintiff’s Attorneys, Fisher, Quarmby & Pfeifer, at the undermentioned address. Dated at WINDHOEK this 14TH day of FEBRUARY 2023 FISHER, QUARMBY & PFEIFER LEGAL PRACTITIONER FOR PLAINTIFF Corner Robert Mugabe & Thorer Streets entrance on Burg Street P O Box 37 WINDHOEK AAH/jvz/S1998 DM0202300408411

IN THE  High Court Of Namibia Held At Main Division Windhoek Case Number: HC-MD-CIVACT-CON-2017/00005 In the matter between: NEDBANK NAMIBIA LIMITED, Plaintiff and TRU-TALE INVESTMENTS CC, First Defendant CHALTON HWENDE, Second Defendant NOTICE OF SALE IN EXECUTION Pursuant to a Judgement of the above Honourable Court granted on the 27th SEPTEMBER 2021, the following immovable property will be sold” voetstoots” by the DEPUTY SHERIFF for the District of OSHIKANGO on Wednesday, the 19th day of April 2023, at 10:00 at Erf 316, Oshikango Republic of Namibia. CERTAIN: Erf 316, Oshikango, Republic of Namibia SITUATED: In the Town of Helao Nafidi Registration Division “A” RESERVE PRICE: (a) WITHOUT A RESERVEPRICE (b) Interest at 17.20% per annum from 30 days after sale to date of full and final payment; (c) Deputy Sheriff’s fees IMPROVEMENTS: 1x lounge, 1x kitchen, 1x bathroom, 3x bedrooms, 1x toilet. Outside there are: 5x bedrooms, 1x toilet The “Conditions of Sale in Execution” will lie for inspection at the office of the Deputy Sheriff in Tsumeb, and at the Head Office of Plaintiff in Windhoek at Plaintiff’s Attorneys, Koep & Partners at the under mentioned address. Dated at Windhoek on this 8th day of March 2023. KOEP & PARTNERS LEGAL PRACTITIONERS FOR PLAINTIFF 33 SCHANZEN ROAD WINDHOEK REF: SN/ma/69664/DEB333 DM0202300408766

035

Regskennisgewings Legal Notices

IN THE  High Court Of Namibia Held At Main Division Windhoek Case Number: HC-MD-CIVACT-CON-2021/04522 In the matter between: STANDARD BANK OF NAMIBIA LIMITED, Plaintiff and JEREMY ANDREW KEISTER, Defendant NOTICE OF SALE IN EXECUTION Pursuant to a Judgement of the above Honourable Court granted on the 9th of DECEMBER 2022, the following immovable property will be sold “voetstoots” by the Deputy Sheriff for the District of ARANDIS on Wednesday, the 19th day of APRIL 2023, at 11:00 at Erf 157, Arandis, Namibia. CERTAIN: Erf 157, Arandis, Namibia SITUATED: In the Town of Arandis Registration Division “G” RESERVE PRICE: (a) WITHOUT A RESERVE PRICE (b) Interest at 8.5% interest per annum from date of signature of conditions of sale ; (c) Deputy Sheriff’s fees IMPROVEMENTS: 2x Bedrooms, 1x Bathroom, Lounge, Kitchen The “Conditions of Sale in Execution” will lie for inspection at the office of the Deputy Sheriff in Walvisbay, and at the Head Office of Plaintiff in Windhoek at Plaintiff’s Attorneys, Koep & Partners at the undermentioned address. Dated at Windhoek this 31st day of March 2023. KOEP & PARTNERS Legal Practitioners For the Plaintiff 33 Schanzen Road Windhoek (REF: SN/ma/77743/DEB841) DM0202300408788

ENVIRONMENTAL IMPACT ASSESMENT FOR PROPOSED MINE EXPLORATION ACTIVITIES ON EPL NO:8706 in KUNENE REGION KHORIXAS. Advanced Environmental Agency CC, consultants herewith gives notice in term of the Environmental Management Act (7 of 2007) regulation 21 of the environmental Impact Assesment (EIA) for mine exploration activity. Proponent: Petrus Gedeon Ambondje. Description of activity: Mine Exploration. Location: Kunene Region, Khorixas District. Interested and Affected Parties (I&AP) are invited to register with Advanced Environmental Agency Consultants for comments on the proposed mine explorations on EPL no: 8706 within 14 working days of the advert starting from 31/3/2023. Registration can be done by requesting of the background document information provided in the e-mail below: objections can be send to the e-mail below by: 14/04/2023. EMAIL:[email protected] Cell:081-4801644 / 0817606590 DM0202300409138

Market Watch

Om te adverteer skakel: Kleinadvertensies t: 061-297 2055

8

Market Watch

TUESDAY 4 APRIL 2023

www.debmarinenamibia.com

TENDER DBMNE0407– PROVISION OF BUNKERING SERVICES TO DEBMARINE NAMIBIA FLEET SCOPE OF WORK: 1. The Bidder shall source, supply and deliver bunkers to the Company’s fleet of vessels offshore and inport. 2. The Bidder and technical partner should have a minimum of five (5) years general bunkering operational experience. 3. Debmarine Namibia will require the supply of Marine Gas Oil (MGO)-DMA, and delivery of which shall meet the technical specifications contained in Schedule C, of the tender document. 4. All fuel supplied must be compliant as specified in MARPOL Annexure VI. Sulphur must be less than 500ppm. 5. The Bidder shall be required to provide the services to the Company’s vessels namely: • MV Debmar Pacific • MV Debmar Atlantic • MV !Gariep • MV Grand Banks • MV SSN • MV Coral Sea (chartered) • MV Mafuta, • MV Benguela Gem • Anchor Handling and Supply vessel – Port of Lüderitz • Any other vessels chartered or owned by the Company, as instructed by the Company (all the aforegoing vessels herein jointly referred to as “the vessels”). The technical service required: 1. The tanker shall be in class at the time of delivery of bunkers and tendering; such classification shall be with an internationally recognised member of the International Association of Classification Societies. Only class tankers will be acceptable; 2. The supply of the specified tanker with the necessary machinery and equipment to supply and discharge of the bunkers onto the applicable vessels offshore; 3. Bunkers to be provided at the following harbour’s (Cape Town (RSA) or Lüderitz (NAM) or Walvis Bay (NAM), as required; 4. Debmarine Namibia will require the supply of Marine Gas Oil MGO: ISO 8217:2017 or latest version and delivery of which shall meet the technical specifications contained in Schedule C, of the tender document; 5. All fuel supplies to be compliant as specifications MARPOL Annexure VI; 6. Tanker Capacity minimum 5000 MT; 7. Preferably DP2 tanker, minimum DP1 tanker; 8. Certified 4 inch bunker hose with a dry break quick coupler; 9. Tanker should be able to deliver minimum 200 m3/hour. CLOSING DATE FOR COLLECTION OF TENDER DOCUMENTATION: Companies interested in providing such services are requested to obtain a tender document with Reference Number DBMNE0407, Provision of fuel bunkering services to Debmarine Namibia fleet on 14 May 2021 at 12h00. Tender documents can be collected at Debmarine Namibia, Namdeb Centre Foyer, 10 Dr. Frans Indongo Street, Windhoek, or requested via email [email protected] in accordance with the date and time indicated above. TENDER CLOSING DATE: Date: 28 May 2021 at 12h00 Subject: DBMNE0407, Provision of fuel bunkering services to Debmarine Namibia Tender documents should be submitted to [email protected] in accordance with the date and time indicated above. ENQUIRIES: The Procurement Officer Tel: +264 61 297 8481 Email: [email protected] Specify the Reference Number: DBMNE0407 DISCLAIMER: Debmarine Namibia shall not be responsible for any costs incurred in the preparation and submission of a response to this tender and furthermore reserves the right not to extend this tender into any future tenders, negotiations and or engagements. Debmarine Namibia shall not accept submissions rendered after the closing date and time.