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Housing & Property Diary 28 February 2017 2

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MOST people lead such busy lives that all they want is time away from the hustle and bustle of their reality.

Well, many people are craving for a holiday early in the year not realising that your home can be your holiday.

Against this backdrop, newly built Jericho Heights situated at Elisenheim, brings serenity and peace whilst providing ample security.

Sited close to Brakwater, an area that is 10km on the outskirts of Windhoek, one’s desire to be away from the reality in the city is a short drive away with little to no traffic congestion.

The construction of Jericho Heights that cost roughly N$70 million, kicked off in 2014 and was finalised by November 2016. The Heights have 79 residential units with a total area of 11 000 square metres. The average size for each unit is 130 square metres.

Linda Nekwaya, the administration manager for Jericho Heights, says Jericho boasts three bedroomed units with an en suite bathroom and a big balcony with a beautiful view.

She adds that there are also two bedroomed units with two bathrooms.

“The difference with our heights compared to other apartments in Windhoek is the fact that they are peaceful, in tune with nature and away from the business of the central business district (CBD). The place is also secure and always monitored by security guards,” she says.

Nekwaya notes that Jericho Heights units are affordable as the prices for the three bedroomed apartments range from N$1,8 million to N$1,5 million whilst the two bedroomed apartments range from N$1,4 million to N$1,2 million.

Serenity at Jericho Heights

ViSiTiNg business people from outside or inside Namibia can now conduct

their business with peace of mind from Hubspace in Windhoek, serving as their safe base away from their own offices.

Conveniently positioned in Klein Windhoek ‘s business hub, en route from and to Hosea Kutako international Airport, Hubspace offers Namibia’s first co-working and shared office facility. It is easily reachable and in close proximity of other business destinations in Windhoek.

Travelling business people or consultants requiring a desk for their stay or a fully equipped boardroom for presentations or meetings, don’t have to search further than Hubspace. Staff of up to 12 members from one

company can also be accommodated at a dedicated facility for group co-working.

Furthermore, Hubspace provides a conducive and productive environment for start-up entrepreneurs, or people who work from home who don’t want to incur the expenses of hiring an office over the long term.

In addition to free high-speed internet, electrical supply to each desk and a printing service, clients have access to a kitchen with free coffee and tea throughout the day. They can also relax outside on a balcony, breaking away from their busy schedules.

if they would want to meet other business people for coffee or enjoy lunch or supper, they would have the luxury of nearly 10 restaurants or

coffee shops within walking distance from Hubspace. Ample parking is to be found around the City Plaza building at 320 Sam Nujoma Avenue in Klein Windhoek, where Hubspace is located in unit 18 on the second floor.

Business people and people in need of temporary office space or the other facilities on offer, are invited to contact Hubspace on Tel +264 83330 4010 or at [email protected].

Hubspace staff will gladly assist them with bookings and the rates for a daily desk, weekly pass, monthly permanent desk, co-working area and boardroom for a half day or full day. The complete Hubspace facility is also available for workshops and seminars, after hours or on Saturdays, to be arranged in advance and the price to be negotiated.

Hubspace answers visiting business people’s office needs

At HubspAce each working space provides users with a power plug-in, high-speed Wi-Fi internet service, comfortable quality desks and chairs, with free coffee or tea a few steps away.

Omakondo bricks introduces smart build• CHARMAINE NGATJIHEUE

OMAKONDO Bricks has introduced a

new product called the Omakondo smart build meant to assist low-income earners who want to build affordable housing.

Tomas Nghoshi, managing member of Omakondo bricks reiterated that Omakondo Bricks will be able to assist low-income earners who would like to build houses in towns and villages.

He added that the product is fairing well as people are already purchasing and utilising their products. He added that as part of their mission, more jobs would be created in line with this project in order to deal with the high levels of poverty.

“We are passionate about providing job security for employees and we believe that no matter how big economic challenges will affect us, we will always go against the wind to gain strength to take off. This year we will work closely with town planners in different towns and see how we can help them

and how they can help us to achieve our goals,” said Nghoshi.

Nghoshi said their task is not only to make bricks but also to venture into different products that supplement brickmaking.

“Our chain of products include designing business plans for our customers, guiding them in their construction projects, making bricks and ensuring that the structures are durable. During the time of construction, we do welding, electrical works, plumbing and other related work to get everything done, he said.

He urged town councils and municipalities not to allow poor quality building materials to be used on their construction projects.

“Namibia will never

Omakondo bricks staff members busy at work. Photo contributed.

build lasting structures like the great wall of China or the pyramids of Egypt. This practice of not insisting on quality work in the construction industry will only produce shoddy workmanship. This means our building and construction industry will not be attractive to foreigners,’ he said.

Omakondo Bricks, which was started in 2010,

seeks to provide quality service to its customers. The company serves the northern part of the country and some parts of southern Angola.

“We are a mobile company who goes by the motto that says ’We make bricks at your place’. That means we can go anywhere around the country to provide our products and services to

those who seek them,” he said.

The company has mobile teams at Okongo, Eenhana, one that serves from Helao Nafidi to Uutapi, and a team at Onyaanyaa that goes up to Omuthiya and Tsumeb.

“We have construction sites at Oshikunde, Outapi and Eembaxu. The Oshikunde construction site is one of our

3Housing & Property Diary 28 February 2017

A guide for first-time homebuyersPUrCHASiNg a

home is a big deal but more often

than not people stream into home ownership because it is perceived as an indication of adulthood and financial accountability and stability.

However, during these tough financial times, it can be difficult for first-time buyers to purchase a home. Buying a home should however be seen as a commitment although it may not necessarily be a surefire good investment as it may turn out to be too much work.

Bank Windhoek’s executive officer for retail banking services, Chris Matthee, said when a potential customer plans to buy property, they need to plan and prioritise what they need in life and focus on necessities instead of niceties.

Matthee added that with planning comes financial discipline that starts with a budget, as a person needs to compare their current situation with what it will be once they purchase their first home.

“remember to include additional expenses, like water and electricity, rates and taxes and insurance and be prepared for unforeseen expenses on the maintenance of your house. By doing these calculations, the potential customer will be able to see if they can afford a home, as well as where they need to cut costs on the nice-to-haves, like expensive vehicles and other luxuries,” he said.

Matthee said proper planning goes hand in hand with savings and to save money up front for a deposit on a house in order to pay transfer and registration costs.

He said this indicates to the customer’s bank that the customer is serious about buying a

house and it will also have a positive effect during the assessment of their application.

He added that property is expensive and customers must make sure that they can afford the monthly payments, saying customers should not compromise their creditworthiness by going into transactions that can affect them negatively.

“Property is a long-term investment and buyers should know that buying property means long-term commitment to the investment,” he added

Brian Katjaerua, head of Home Loans at first national bank (FNB) Namibia said one should prioritise the acquisition of a house or a flat by cutting back on expenditure on unproductive assets and other non-priority items.

“if you have current debt that is not on a house, try as much as possible to pay that up and free the money spent on this debt to put you in a better position to purchase a house. Have a set budget to check how your income is spent, and in turn, save money as much as possible,” Katjaerua added.

Standard Bank’s sales manager, Caroline Orange, said a potential first-time homebuyer should calculate how much they can afford for a house, saying checking one’s finances is a good starting point.

“Check your preference while at the same time look at what you can afford in the long run. This is the part where you have to be realistic, as buying and owning a home is a long-term investment,’ she said.

She said that a potential customer should also draw up a wish list, which entails defining needs before embarking on a house hunting expedition. Orange added that it is always best to work with a professional

real estate agent. ‘The benefit of this is that such

a professional will also give you valuable advice and insights into the entire home buying process as he or she has worked with numerous banks, home buyers and sellers in the market,” said

Orange. riaan Keulder, Nedbank’s

head of home loans said before making an important commitment such as purchasing a home, clients are advised to first understand what the process entails.

Keulder said one should initiate contact with one’s banker or home loan sales consultant to understand what the requirements are.

“What options are available to the customer based on his/her income, and to establish how

the bank can be of assistance to them. What happens during the process is that the banker would do an affordability calculation to determine how much you qualify for and, based on that, further provide guidance and financial advice,” he said.

Caroline Orange Standard Bank, sales manager

Brian Katjaerua, head of home loans at FNB

Riaan Keulder,Nedbank’s head of home loans

Chris MattheeBank Windhoek’s Executive

Officer for retail banking services


OUR PROCUCTSOkavu Roofing is a proud manufacturer of a full range of steel roofing profiles, with a specific focus on“KLIP-LOCK 406” concealed-fix roofing and wall cladding sheets, IBR 686 and Corrugated Ion 10 1/2 roof sheets Standard and Custom-made Flashings, Gutters, Ridgings, and Closures.

The company vows to pull all the stops to assure you a peace of mind, spare you hassles, and save your budget with certified

quality roofing materials such as:

Chromadek®, ColorPlus®, ZincA® (AZ150) & Galvanised (Z275) Genuinely certified and procured from the sole Chromadek® manufacturer - Arcelor Mittal South Africa and SAFAL Group. Available in 14 Colors and SABS Quality certified roof sheets available in standard 0.3 - 0.58mm nominal thickness. Other Services• Longer sheet lengths can be milled On-Site• Curving, cranking and bullnosing of IBR & KLIP-LOCK

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Contact Sales: +264 81 253 5233 | Technical: +264 81 124 2787 | +264 81 127 3538

E-mail: [email protected] | Find us at Shop 21A , Old Power Station (opposite FNB), Southern Industrial at the corner of Nobel & Armstrong Street, Windhoek

The Chromadek, African Heritage Collection

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KLIP-LOCK 406Concealed-fix roofing & wall cladding sheets

IBR 686

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The growth experienced in the local construction industry opened doors for local

companies to supply the industry with materials despite the hardships faced by the industry.

Okavu Roofing, formed in 2012, was one of the entrepreneurial companies that saw the gap and acted on it, aiming to reach for the top.

Small businesses in Namibia are synonymous with failure because they compete in an economy that is still growing and embraces foreign produced goods and services to a large extent.

Despite the economic challenges and an unfair playing field, Okavu Roofing is not fazed by its surroundings but rather strives to emerge on top of its competitors.

Festus Nuunyango, a director at Okavu Roofing said the company sees itself as the sole local market leader within the industry it operates in.

Okavu Roofing specializes in manufacturing different types of roof sheets and rainwater goods for companies and individuals alike. The company manufactures a full range of steel roofing profiles; “KLIP-LOCK 406” (concealed-fix roofing and wall cladding sheets), IBR 686 and Corrugated iron. The company also does standard and custom-made flashings, gutters, ridgings and closers.

Nuunyango said their company is proudly Namibian company and manufactures all its products in Namibia. He added that the company has provided much-needed job to more than 15 fellow Namibians people and this is regarded a positive step forward toward growth at home initiative and industrialization in metal fabrication sector. We manufacture as per the customer’s request,” said Nuunyango.

The company procures South African Bureau of Standards (SABS) approved raw materials in Chromadek, ColorPlus, ZincAl and galvanized and then rolled-formed and processes them in Namibia.

“We have the capacity to manufacture and supply roof sheets for all projects in our country regardless of volume, lead time, quality and quantity. Notably, We have already manufactured and supplied roofing sheets for many important quality

building projects for governments and private sectors such as in

Khomas region; Khomasdal Hyper Mall, Office of the Traditional Authorities, the Ministry of Finance, Anti-Corruption Commission Head office, the Ministry of Environment and Tourism, international University of Management (IUM) Campus; Oshana region: Ministry of Home Affairs regional office, MVA Fund Office and Oshana Emergency Storage Facility, Kavango regions: the Mururani Veterinary houses and the Motor Vehicle Accident (MVA) Fund, Unam rundu Campus and the Regional Offices of the Ministry of Agriculture at rundu. Omusati region: Omusati Police Headquarter and MiCT office; Oshikoto region: Omuthiya PHC and MICT office; Hardap region; Aranos Hospital; Karas region: Keetmanshoop Millitary Base, Otjozondjupa region: Otiwarongo Millitary Base, Kunene region: Nored offices and Sesfontein Hospital; Ohangwena region: Omuhongo PHC; Omaheke region: MICT office and BuitesPost Border Accommodation, just to mention a few,” he said.

He noted that since Okavu Roofing became operational, it has completed over a 100 projects for government and the private sector successfully and with O% failure rate.

As part of our corporate social responsibility, we donated roof sheets to the Founding President’s Project at Etunda for the School and Clinic” he said.

Nuunyango said they also supply roof sheets to retail customers such as Ark Trading, Pennypinchers and Shivute Building Supplies at Ondangwa.

He reiterated that Okavu Roofing would employ more Namibians if the roof sheets market is wholly produced and supplied by Namibian companies.

He appealed to government to control imports at borders, and then produce and procure local products in order for more jobs to be created and maintained.

“The Procurement Act and the retail Charter need to be implemented by our government without delay because currently there is no law that compels companies to procure locally produced quality roofing materials,” he stressed.

Okavu reaching for greater heights

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“The Procurement Act and the Retail Charter need to be implemented by our government without delay because currently there is no

law that compels companies to procure locally produced quality roofing materials,”

Okavu takes pride in supplying locally produced roofing materials at its factory in Windhoek. Photos contributed.

• CHARMAINE NGATJIHEUE


GREYWALL Properties made its services available and developed an inclusive strategy to provide shelter to low-income earners. This is in-line with government’s

call for the private sector to assist with the looming housing shortage crisis that plagues the country.

The housing shortage in the country has become a major concern with Namibians of all walks of life standing up against exorbitant rent prices and the inequality in the distribution of land. Amongst those who are largely affected by housing shortages are the low-income earners who are not able to afford high mortgage loans.

Greywall Properties based in the northern part of the country teamed up with the Eenhana Town Council in a public private partnership (PPP) to provide 600 housing units at Omhito Extension 2 and 3 to cater for low-income earners. Meanwhile, the Eenhana Town Council will provide the land and Greywall Properties will service it, build houses and sell them to the prospective home seekers. Currently, there is a great need for provision of housing units in all the towns of Namibia. The municipalities and town councils cannot handle this challenge on their own.

Greywall Properties employed their architectural skills to design five different types of housing units, which will give customers a range of options to choose from. The designs range from two bedroomed housing units with a living area, kitchen and one bathroom to three bedroomed units with a living area, kitchen and two bathrooms. All streets in this development are tarred. As all these houses will be built up to standard, the selling price starts from N$ 395 000 including the plot.

Greywall Properties managing director Erastus Nikodemus stated that the PPP with the Eenhana Town Council is further being cemented by a collective aspiration to witness all members of the local community benefiting from their developmental programmes and initiatives. “We will continue to seek and explore creative ways to deepen our solid relationship that is based on honesty, integrity and fairness with both our government and other stakeholders in order to provide quality affordable houses for our low-income people,” he said.

He noted that Greywall Properties’ aim is to contribute towards improving people’s living standards. As local authorities have low means to provide serviced land to home seekers, Greywall Properties is using this opportunity to partner with the town councils to provide vital infrastructure such as road networks, water and sewer reticulation, power supply as well as the

construction of affordable quality houses.It is worth noting that this is not the first time that Greywall Properties is involved in the provision of houses. In 2008, the company built houses at Oshikuku, Oshakati, Ongwediva, Ondangwa, Omuthiya and Ohangwena. Apart from the provision of houses, Greywall has been involved in the development of commercial properties such as the Rockwell Complex at Ongwediva and the Greenwell Complex at Eenhana. Recently, Greywall successfully completed the provision of serviced land and the construction of 230 housing units for middle to high-income earners at Atusheni village, at Eenhana which was inaugurated by minister Sophia Shaningwa the of Urban and Rural Development Ministry.

Nikodemus added that part of their social responsibility, his company and the town council are committed to the PPP they formed and are looking forward to forge further partnerships with other vital players in order to contribute towards alleviating the housing crunch and poverty levels that haunt the majority of residents.

Nikodemus believes that this is in line with government’s Vision 2030 and the Harambee Prosperity Plan (HPP), adding that the company will continue to provide benefits such as quality affordable housing to low-income earners and direct employment to communities.

He said the company also aims to contribute directly and indirectly to the overall economic growth of the country in terms of infrastructural, physical and social development of towns and communities. “I believe that because of our social and economic engagement, we will positively contribute towards our region’s profile. Finally, and perhaps most importantly, we are contributing to the realisation of our national development plans which should be the responsibility of every individual and institution in our beautiful republic,” he said.

In order to buy a house under this project, an individual must provide three copies of their identification document, three copies of their payslip and a 6-month bank statement. Government employees must submit their original housing scheme or subsidy document, whereas private company employees must submit a housing allowance document.

Greywall Properties is situated in Ongwediva, Marula Street, 1st Floor Rockwell Complex and in Eenhana, Omupapa Street, Atusheni Village. Contact numbers are 065-234240 and 065-263922 respectively.

Greywall properties to tackle housing shortage for low-income earners

“We will continue to seek and explore creative ways to deepen our solid

relationship that is based on honesty, integrity and fairness with both our

government and other stakeholders in order to provide quality affordable houses

for our low-income people,”

Mr. Erastus Nikodemusowner and managing member


Growing your property portfolio not as simple as it seems

in many cases, the most straightforward property investment decision you can take is

to buy the building that your business is based in. Although no property deal is risk free, at least you know the building, the area – and of course – the tenant. But what if you’re interested in expanding your property investment portfolio beyond the building that you occupy?

Don’t be fooled by how easy property investment seems, says gerschwyne van Wyk, country manager at Business Partners international Namibia (BUSiNESS/PArTNErS). Compared to other lines of business, the number of transactions may be limited, and the operational burden of owning a building may seem light, but the amounts of money involved is such that one mistake can wipe out all the gain in your portfolio.

The most important principle of property investment is to buy well, says Van Wyk. in other words, buy a

good quality property at a good price in the right location with no hidden physical and legal defects.

Again, it seems simpler than it is. To find such a property takes a lot of hard work – hours of pounding the streets to view potential properties and to study the dynamics of an area.

Once you have spotted a building with good potential, hours of due diligence work lies ahead to look for hidden defects, inconsistencies with building plan approvals, problems highlighted in the minutes of body-corporate meetings and the soundness of the structure, sometimes right down to the health of the soil.

And the price? “A good tip is to visit the building, soak up the atmosphere, and picture yourself trying to sell it at the same price to someone else,” says Van Wyk. If it seems difficult, the price is probably too high.

Within this basic framework there are many different strategies to build up a solid property portfolio. it is

important to know the advantages and risks involved in each strategy, says Van Wyk.

You may acquire an expensive, single property with the advantage that your attention is focused on only one. The downside, however, is that you are exposed to the vagaries of a single tenant. Buying a number of cheaper properties, on the other hand, helps spread the risk.

Buying a sectional title property is usually more affordable, but then you have to contend with the dynamics and risks involved in a body corporate.

Buying a yet undeveloped property off plan gives you the advantage of realising maximum gain in market value, but only to the extent that the developers and their predictions can be trusted. if you buy in an early phase of a multi-phase development, you might find the value of your property kept low for as long as new properties from the later phases come onto the market.

Buying a property to which you can add value is another strategy, but you run the risks of building mistakes and cost overruns.

Buying during economic hard times might land you a bargain, but you run the risks being hit by a double blow of increased interest rates and vacancies.

Buying property in joint ventures allows you to acquire a share in more substantial assets, but disputes with joint venture partners can turn nasty if the agreement is not well structured. On the other hand, a joint venture with a company like BUSiNESS/PArTNErS, which often teams up with local entrepreneurs in property deals, brings substantial technical, legal and financial knowledge to the deal.

Another strategy is buy with the aim to sell immediately, a game usually played only by experienced property entrepreneurs who have built a strong network of agents who bring them good deals.

While it may be a good idea for experienced property players to spread their portfolio by investing in a range of regions, cities and even continents, it is prudent for beginners to buy in areas that they know well, and close enough so that they can easily visit their investment properties.

Whatever your strategy, says Van Wyk, it helps to have a strong network, not only of agents and spotters who could alert you when a property with potential comes onto the market, but also among financiers, joint-venture partners, lawyers, engineers and builders.

These professional services are expensive, and good relationships can help keep the costs down.

The main principle is not to skimp on professional expertise. There are so many aspects of a property deal to consider, and so much at stake, that you should never do it on a whim, or on your own.


AS the housing bubble presses on, it is becoming difficult for

low to middle-income earners to own a home due to exorbitant interest rates on loans.

With inflation shooting up to 8,2% while the repo rate has been maintained at 7%, the cost of living is increasing rapidly. This crippling effect has passed through to mortage loans, which only increased by 8,7% in 2016 standing at roughly N$44 million compared to the 14,7% growth seen in 2015 translating to roughly N$40,5 million.

A mortgage loan is defined as a loan that is secured for property or real estate. in exchange for funds received by the homebuyer to buy property or a home, a lender gets the promise of a buyer to pay back the funds within a certain time frame at a certain cost.

Although growth experienced

was slow, it still has a great impact on the growth mortgage loans have seen, proving that more people still understand the necessity of owning property.

The statistics which were provided by the central bank indicated that in the past five financial years, 2015 had the highest growth rate in mortgage loans, standing at 14,7% while 2014 recorded a 14,3% growth for mortgage loans. The year 2012 saw a 12,8% growth in mortgage loans, translating to N$27,3 million whilst 2013 had a 13% growth rate, which was N$30,9 million.

Despite experiencing mininal growth, 2016 had seen the lowest growth rate of 8,7%. This can largely be attributed to the slowing domestic economy that was affected by factors such as inflation. For instance, as the repo rate increased, more people were slowing down with taking out loans which include getting a mortgage plan.

In 2016, household mortgages

stood at roughly N$30,6 million while total household loans stood at roughly N$50,1 million, representing 67,1% of the total mortgage loans. This figure rose compared to roughly N$30,7 million seen in 2015 for household mortgages and N$45,8 million seen for total household loans. This accounted for 66,9% of the total mortgage loans.

individual mortgage loans took up the biggest chunk of the total mortgage loans, standing at N$33,6 million in the 2016 financial year whilst for businesses, mortgage loans stood at N$10,5 million. Individual loans grew by N$2,9 million in 2016 compared to the N$30,7 million seen in 2015. Meanwhile, business mortgages grew by only N$623 460. This could show that most individuals are keen on owning property as it is a necessity. individual loans in the form of farm mortgage loans stood at roughly N$1,5 million whilst

other mortgage loans stood at roughly N$32,1 million in 2016. in terms of business mortgages, farm mortgage loans were only N$19 980 whilst other mortgage loans were roughly N$10,4 million.

In 2016, residential loans accounted for 76% of the total mortgage loans whilst commercial loans accounted for 24% of the total loans. The private sector credit extension (PSCE) for 2016 stood at approximately N$85,4 million of which residential mortgage loans accounted for 39% whilst commercial mortgage loans accounted for 12%.

Meanwhile, over the past five years, PSCE grew from N$51,9 million in 2012 which was the lowest PSCE to N$85,4 million in 2016.

Kazembire Zemburuka, deputy director in the corporate communications

department at the Bank of Namibia (BON) said the bank has noted the increase in

mortgage loans, although the growth has been slower in 2016, averaging 8,7%, when compared to 2015 which was 14,7%.

“The ratio of non-performing loans (NPL) to total loans and advances, stood at 1,5% during 2016, lower than 1,6% recorded in 2015. This is within the acceptable threshold of 4%,” Zemburuka said.

Zemburuka said the bank introduced Loan-to-Value (LTV) ratios, which requires prospective home loan applicants of second or subsequent residential properties to pay a percentage of the purchasing price or market value of the property as a deposit.

“The Bank believes this measure will go a long way to discourage consumers from over-extending themselves. LTV’s will come into effect as from 22 March 2017,” he said.

LTV is the ratio of the amount of money borrowed from a banking institution to purchase a property in relation to the

purchase price of the property or the valuation of the property, whichever is lower. The regulations relating to restriction on LTV’s were gazetted on 3 August 2016.

These regulations will reduce the risk of exposure of commercial banks to home loans which constitute 50% of total loans and advances. This exposure, if left unchecked, could potentially pose a significant risk to financial stability in Namibia.

The commercial bank providing the loan to the prospective buyer will finance the remaining percentage of the home loan.

The LTV for a second home loan is set at 80% of the purchasing price or market value of the residential property and the applicant will be expected to pay a deposit of 20% upfront. The deposit required increases by 10% for every additional property the customer intends to acquire.

Mortgage loans grew by N$44m in the past five year

2012 2013 2014 2015 2016

Total PSCE 51,880,540 59,322,940 69,067,320 78,394,310 85,397,330

Residential Mortage Loans 41% 41% 39% 39% 39%

Cpmmercial Mortage Loans 11% 11% 12% 13% 12%


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2 BEDROOMS 1 BATHROOM IN OSHAKATI A simple 2 bedroom, 1 bathroom home in Oshakati for the fi rst time buyer. Safe and secure with nice light and good quality fi nishes. Close to central town, make this your fi rst, happy start to a lifetime of memories. N$ 456 000.

UPMARKET DEVELOPMENT IN KLEIN WINDHOEKA one of a kind living space, situated just off the central strip, offering beautiful views of green treetops. This development comprises of 150 apartments spread over 20 floors. Welcome to a whole new trend of living in Windhoek. From one or two bedroom apartments priced from N$ 1.5 million, miss this and you’ll miss out.

HUMBLE 2 BEDROOM HOUSE IN ONDANGWA

bathroom with a nicely fi nished kitchen and lounge area. A small garden that will allow you to start your own little vegetable patch. Come and see it, N$ 850 000.

INNER CITY LIVING IN WINDHOEKA designer 3 bedroom apartment in an upmarket block offering views across the city. Great light and an open plan living space. One en-suite bathroom and one guest or family bathroom make this a great, once in a lifetime opportunity!N$ 3 MILLION.

INVEST, INVEST, INVEST in SwakopmundOwn your share of a holiday dream in this 4 bedroom family home. Walking distance to the beach with great ocean views from every window. With two bathrooms and an outside shower, designer kitchen, open plan lounge/dinning room and a simple garden it’s time for you to invest in your piece of paradise. ASKING N$ 5MILLION.

2 BEDROOMED GARDEN TOWNHOUSE for Sale in Klein WindhoekA real classic in a sought after area makes this a lovely fi rst time home. A must view, 2 large bedrooms, one family bathroom, one en-suite bathroom. Open plan kitchen and dining room that opens up to the communal garden.Yours for only N$ 3.78 MILLION

CHARMING FAMILY HOME IN PIONIERSPARKJust move in. A lovely home with its own personality. Enchanting and inviting with 4 bedrooms, three bathrooms and a large, open-plan living area. Plenty of space to see your kids grow up with an easy to maintain garden and pool. Don’t let this pass you by, come and see it for only N$ 4.9 MILLION.

STUDIO FLAT FOR SALE IN EROSSmall, but spacious this entry-level, studio

own in this delightful flat in Hochland Park. With 3 bedrooms and 2 bathrooms, large kitchen with gas, granite tops and plenty of built-in cupboard space. Don’t forget the lovely large balcony overlooking the gardens. Come home for only N$ 3.75 MILLION.

3 BEDROOMED HOME IN OSHAKATI A simple 3 bedroom, 1 bathroom home in Oshakati for the fi rst time owner. Safe, secure with lovely light and excellent fi nishes. Easy to modernise or enjoy the old world charm. Close to schools and shops this is a must see, N$ 556 000.

AFFORDABLE QUALITY AT A BARGAIN PRICE OKAHANDJAOpen plan living in a lovely part of Okahandja. Spacious kitchen, loads of cupboard space and lovely entertainment area flowing from a big family sized lounge. This three bedroom home just needs a little bit of tlc. Make an offer today, from N$ 750 000.

STUDIO FLAT FOR SALE IN CENTRAL WINDHOEKSmall, but spacious this entry-level, studio apartment in Central Windhoek is just what you need. Simple, and safe, an easy start up.

WHEN IT’S ONLY N$ 545 000.

3 BEDROOMED GARDEN FLAT FOR SALE, WINDHOEKA real delight. The perfect flat for a new family to call their own. Immaculately maintained offering 3 bedrooms and 2 bathrooms. Large kitchen with gas, granite tops and plenty of cupboard space. You’ll live outside with an open plan lounge that leads onto the communal gardens. Start your dream for only N$ 3.75 MILLION.

UPMARKET DESIGNER LIVING IN PIONIERSPARK.A cosmopolitan penthouse with stunning views over the valley that will take your breath away. Just 7 are left. Each offers a double volume, light-flooded apartments with 3, 4 and 5 bedroom options available. Designer lifestyle in a secure environment, state of the art access control and use of entertainment facilities. Walk to the charming local coffee shops and restaurants with quick access to central Windhoek. Sound like you? Only N$ 5.7 MILLION.

IT’S ALL ABOUT THE ADDRESS! 3 Bedroom Home in Great Area!Don’t look anywhere else! This perfectly situated home in upmarket Klein Windhoek is a gem. Masterfully fi nished with 3 bedrooms, two bathrooms, a designer, large kitchen, formal and family lounge and dining room set in a beautifully manicured ground. Just see it! Offers start at N$ 7.8 MILLION

TWO BEDROOM FLAT IN QUIET PART OF SUIDERHOFA real bargain. Two bedrooms, one bathroom and a small, but neat kitchen and dining area. Nice opportunity to renovate. Asking N$ 789 500.

AN ARCHITECTURAL 3 BEDROOM MASTERPIECE IN HOCHLAND PARK Colonial style oozes

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2 BEDROOMED TOWNHOUSE FOR SALE IN WINDHOEKModern, clean fi nishes. A must view for any fi rst time homeowner. One family bathroom. Open plan kitchen and dining room. Communal garden.Yours for only N$ 4.78 million

LOVELY FAMILY HOME IN KLEIN WINDHOEKA home you will fall in love with. Warm, enchanting and inviting with 5 bedrooms, three bathrooms and a large living area. Enough space to watch the kids grow up and an easy to maintain garden and pool. A steal at only N$ 7.9 million.

STUDIO FLAT FOR SALE IN REHOBOTHNeed a place to call home? Look no further. This entry-level, studio apartment in central Rehoboth is a must see. Simple, clean and safe.Just sign on the line and consider it sold for only N$ 745 000.

LOCATION! LOCATION! LOCATION!Don’t look anywhere else! This perfectly situated apartment in upmarket Pionierspark is a gem. Neatly fi nished with 2 bedrooms, two bathrooms, large kitchen, lounge and dining room within a beautifully maintained ground. Don’t miss out. A bargain at only N$ 2.3 million

ONE BEDROOM FLAT IN QUIET SUIDERHOFDon’t miss out on this beautiful little classic. One bedroom, one bathroom and a small, but airy kitchen and dining area. Comfortable lounge for inside living. Asking N$ 789 500.

A TALE OF GERMAN ARCHITECTUREFind your place in this beautifully established dream home in Swakopmund. With amazing views of surrounding oceans, this 7 bedroomed piece of history is just waiting for a new lease on life. With opportunity to renovate or just enjoy it as it is. Large family room, formal lounge, big kitchen, 3 bathrooms all just a short walk to the beach. Miss this and you will regret it. N$ 17 million.

INNER CITY LIVING IN WINDHOEKA designer 3 bedroom apartment in an upmarket block offering views across the city. Great light and an open plan living space. One en-suite bathroom and one guest or family bathroom make this a great, once in a lifetime opportunity!N$ 3 MILLION.

2 BEDROOMED TOWNHOUSE FOR SALE IN WINDHOEKModern, clean fi nishes. A must view for any fi rst time homeowner. One family bathroom. Open plan kitchen and dining room. Communal garden.Yours for only N$ 4.78

LOVELY FAMILY HOME IN KLEIN WINDHOEKA home you will fall in love with. Warm, enchanting and inviting with 5 bedrooms, three bathrooms and a large living area. Enough space to watch the kids grow up and an easy to maintain garden and

2 BEDROOMED GARDEN TOWNHOUSE for Sale in Klein

makes this a lovely fi rst

view, 2 large bedrooms, one family bathroom, one en-suite bathroom. Open plan kitchen and dining room that opens up to the communal

WHEN IT’S ONLY N$ 545 000.

3 BEDROOMED GARDEN FLAT FOR SALE, WINDHOEKA real delight. The perfect flat for a new family to call their own. Immaculately maintained offering

bathroom with a nicely fi nished kitchen and lounge area. A small garden that will allow you to start your own little vegetable patch. Come and see it, N$ 850 000.

value that you will never regret. Find a new place to call your

THREE BEDROOM FLAT

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• Wanted •

lovely part of Okahandja. Spacious kitchen, loads of cupboard space and lovely entertainment area flowing from a big family sized lounge. This three bedroom home just needs a little bit of tlc. Make an offer today,

PARKThis is a work of art. An upstairs main bedroom with walk in cupboards, gorgeous bathroom and a balcony overlooking the lush garden and crystal clear pool. Downstairs the two bedrooms, each with

LOCATION! LOCATION! LOCATION!Don’t look anywhere else! This perfectly situated apartment in upmarket Pionierspark is a gem. Neatly fi nished with 2 bedrooms, two bathrooms, large kitchen, lounge and dining room within a

Swakopmund. With amazing views of surrounding oceans, this 7 bedroomed piece of history is just waiting for a new lease on life. With opportunity to renovate or just enjoy it as it is. Large family room, formal

SALE IN REHOBOTHNeed a place to call home? Look no further. This entry-level, studio apartment in central Rehoboth is a must see. Simple, clean and

N$ 2.3 million

ONE BEDROOM FLAT IN QUIET SUIDERHOFDon’t miss out on this beautiful little classic. One bedroom, one bathroom and a small, but airy kitchen and dining area. Comfortable lounge for

and tennis courts with a beautiful pool. A home

CHARMING FAMILY HOME IN PIONIERSPARKJust move in. A lovely home with its own personality. Enchanting and inviting with

this and you’ll miss out.

HUMBLE 2 BEDROOM HOUSE IN ONDANGWA

2 BEDROOMS 1 BATHROOM IN OSHAKATI A simple 2 bedroom, 1 bathroom home in Oshakati for the fi rst time buyer. Safe and secure with nice light and good quality fi nishes. Close to central town, make this your fi rst, happy start to

TWO BEDROOM FLAT IN QUIET PART OF SUIDERHOFA real bargain. Two bedrooms, one bathroom and a small, but neat kitchen and dining area. Nice opportunity to renovate.

Need a place to call home? Look no further. This entry-level, studio apartment in central Rehoboth is a must see. Simple, clean and

large kitchen, formal and family lounge and dining room set in a beautifully manicured ground. Just see it!

A TALE OF GERMAN ARCHITECTUREFind your place in this beautifully established

open-plan living area. Plenty of space to see your kids grow up with an easy to maintain

Plus a study with it’s own guest loo as well as an open plan kitchen with gas stove and hob. All living areas flow

this 7 bedroomed piece of history is just waiting

life. With opportunity

enjoy it as it is. Large family room, formal

3 Bedroom Home in Great Area!Don’t look anywhere else! This perfectly

ARCHITECTUREFind your place in this beautifully established dream home in Swakopmund. With amazing views of

life. With opportunity to renovate or just enjoy it as it is. Large family room, formal lounge, big kitchen, 3

3 Bedroom Home in

Don’t look anywhere else! This perfectly

time owner. Safe, secure with lovely light and excellent fi nishes. Easy to modernise or enjoy

Plenty of space to see your kids grow up with an easy to maintain

Don’t let this pass you by, come and see it for

open-plan living area. Plenty of space to see your kids grow up with an easy to maintain garden and pool.

penthouse with stunning views over the valley that will take your breath away. Just 7 are left. Each offers

old school dinning hall.

1 bathroom home in Oshakati for the fi rst time owner. Safe, secure with lovely light and

large kitchen, formal and family lounge and dining room set in a beautifully manicured

3 Bedroom Home in Great Area!Don’t look anywhere else! This perfectly

with 3, 4 and 5 bedroom options available. Designer lifestyle in a secure environment,

Oshakati for the fi rst time owner. Safe, secure with lovely light and

large kitchen, formal and family lounge and dining room set in a beautifully manicured

to modernise or enjoy the old world charm. Close to schools and

three bedroom home just needs a little bit of tlc. Make an offer today, from

with 3, 4 and 5 bedroom options available. Designer lifestyle in a secure environment, state of the art access control and use of

upmarket Klein Windhoek is a gem. Masterfully fi nished with 3 bedrooms, two bathrooms, a designer,

Walk to the charming local coffee shops and restaurants with quick access to central

paradise. 4 bedroomed family home is in need of a makeover. This rare golden oldie boasts great ocean views from

bathroom making it a great holiday home. Lovely family-sized

of a makeover. This rare golden oldie boasts great ocean views from

entertainment facilities. Walk to the charming local coffee shops and restaurants with

make this 3 bedroomed work of art a must see. Large entertainment room, formal lounge, big kitchen, 3 bathrooms

Large entertainment room, formal lounge, big kitchen, 3 bathrooms and tennis courts with a

Windhoek is a gem. Masterfully fi nished with 3 bedrooms, two

A cosmopolitan penthouse with stunning views over the valley that will take your breath away. Just

stunning views over the valley that will take your breath away. Just 7 are left. Each offers

control and use of entertainment facilities. Walk to the charming local coffee shops

the old world charm. Close to schools and shops this is a must see,

the old world charm. Close to schools and shops this is a must see, N$ 556 000.

flooded apartments with 3, 4 and 5 bedroom options available. Designer lifestyle in a

bathrooms and a large, open-plan living area. Plenty of space to see your kids grow up with


Windhoek is a gem. Masterfully fi nished with 3 bedrooms, two

open-plan living area. Plenty of space to see your kids grow up with an easy to maintain

every corner of this masterpiece. Lovely, classic garden views


every corner of this

classic garden views make this 3 bedroomed

every corner of this masterpiece. Lovely,

N$ 3.75

state of the art access

entertainment facilities. Walk to the charming

Close to schools and shops this is a must see,

a double volume, light-

with 3, 4 and 5 bedroom

THREE BEDROOM ENTERTAINERS DREAM IN HOCHLAND

the valley that will take

THREE BEDROOM ENTERTAINERS

every window. Every bedroom has an en-suite bathroom making it a

4 bedrooms, three bathrooms and a large,

ENTERTAINERS

4 bedrooms, three bathrooms and a large,

make this 3 bedroomed work of art a must see.

and restaurants with

the valley that will take your breath away. Just

masterpiece. Lovely, classic garden views

balcony overlooking the lush garden and crystal clear pool. Downstairs the two

bedroom with walk in cupboards, gorgeous bedroom with walk in cupboards, gorgeous

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NHE houses cost over N$2,5b to date• CHARMAINE NGATJIHEUE

THE National housing enterprise spent roughly

N$2,5 billion to date ahouses meant for middle and low-income earners countrywide.

The demand for housing in Namibia has increased over the years as external forces in the economy drive that market leading to middle and low-income earners not being able to afford housing. The rising demand can also be attributed to a lack of serviced land and failure to make funding available to different local authority councils to allow for the provision of land. The population keeps growing despite the constant battle against the shortage of houses.

Since 1983, the National Housing Enterprise (NHE) has only built 17 043 housing units according to the latest statistics provided by NHE’s senior communication and marketing officer, Mutonga Matali.

Considering the current projected shortage of 100 000 units which is believed to increase with about 4% yearly, NHE housing units are not enough to deal with the country’s shortage of low income housing.

Windhoek has seen the construction of 8 879 NHE houses because of urbanisation. From 1983 to 1993, Windhoek had 5 140 NHE houses but in 2015 there were no housing units delivered in the capital.

From 1983 to 1993, 6851 NHE housing units

were built, however, in 1991, only 91 houses were constructed.

Walvis Bay received 1628 NHE housing units since 1983, followed by Swakopmund with 953 units.

During the same period, however, Oshivelo, Ariamsvlei and Noordoewer have only seen six houses each, whilst Uis only had five houses and Fransfontein, three.

NHE statistics show that from 1983 to 2015, the NHE developed roughly 5663 erven.

Matali further said that NHE is faced with generic challenges in the construction industry such as high input costs in terms of building material and the unavailability of serviced land in various local authorities.

However, he said that has not derailed NHE from providing quality houses. “Apart from quality, NHE products remain the most affordable in the country and the interest rate which was changed from 8,75 to 9,75 in January 2017 remains the lowest

compared to any other mortgage lending institution in Namibia,” he said.

Matali also said housing is regarded as a social, financial and economic enabler.

“Therefore, NHE does not only provide decent homes to low and middle income earners but also gives its

clients a platform to access credit facilities thereby stimulating economic growth as well as overall poverty reduction and improved living standards of communities in line with Vision 2030 and other National Development goals,” he said. NHE states that it has not derailed from providing quality houses to its clients. Photo contributed.


The Lüderitz Waterfront Development Company has completed about 60%

of the building works of one its development projects namely the Old Power Station.

Lüderitz Waterfront took it over from the Lüderitz Town Council in 2010 for the purpose of seaview development. The difficult works included demolition of old internal structures and construction of new columns and slabs and fitting a new roof over the existing heritage building.

The old power station built in 1911, one of the oldest buildings in the town, will be transformed to its former glory with a twist of modernisation. Once again, it will be made the heartbeat of the town. in addition to being revamped, the transformation will help preserve and commemorate the town’s history and rich heritage.

Fluksman Samuehl, chief executive officer of the Lüderitz Waterfront Development Company (LWDC) said the company is presently experiencing funding problems attributed mainly to government’s cash flow challenges but the matter is receiving attention by all stakeholders involved.

He added that the company, however, remains optimistic that very soon adequate funding shall

be made available to drive this important development project to its logical conclusion.

He explained that the ‘renovation and upgrading of the Old Power Station project aims to turn the building into an attractive waterfront space.

“it was a major challenge and costly exercise to transform the old power station into its new use which includes a full-fledged satellite campus for Namibia University of Science and Technology (NUST). A wide range of academic courses will be offered for the communities,” he said.

He reiterated that the transformation will also include an indoor and outdoor sport facility for the use of locals and visitors alike.

“This includes an indoor-heated swimming pool, netball/volleyball courts, youth cafeteria, gymnasium, amphitheatre, beach volleyball and a host of youth friendly facilities in and around the massive old power station building,” he said.

Samuehl said it would also have Namibia’s first-ever maritime museum, which has the potential to become a drawcard for increased tourism. “So far, good selections of maritime artifacts have been collected, which will be displayed in the museum. The waterfront company and government jointly

funded this project with relevant ministries making the largest financial contribution,” said Samuehl.

Professional curators will be hired to manage and run the maritime museum under the themes ‘Fishing at Sea’, ‘Mining at Sea’, and ‘Trading at Sea’.

The next phase of the waterfront project encompasses a sea-view shopping centre, a new four-star 70-room hotel, luxury waterfront apartments and a 40-bed medi-clinic.

Samuehl added that the waterfront company has obtained a large chunk of prime sea front property in town for this development, adding that this commercial development project is very large by any standard.

He said negotiations with private partners are ongoing at present and as soon as deals are made and sealed, the project may commence in earnest without delay.

“Each of the project smay take about 16 months to complete, depending on the appetite of private sector participation. We may have all these projects up and running by 2018/19,” he noted.

The costs of the new projects are yet to be formulated but the costs to revamp the old power station alone has now ballooned to N$339 million. This is due to the delays in funding which is

now stretching the construction period of the project over many years .

Samuehl said the second phase of the waterfront project is fundamental for achieving business growth and the creation of additional businesses and investment opportunities within the town of Lüderitz in particular and the //Karas region in general.

“Therefore, the Lüderitz waterfront expansion programmes will go a long way in terms of transforming Lüderitz – not only as a vibrant student town but a leading commercial centre in southern Namibia with enhanced tourism appeal over the next few years,” he said.

Samuehl, who is also a former member of parliament, said that various growth projects under the Waterfront’s Second Phase Development, aim at making Lüderitz Waterfront, not only as a popular tourist and investment destination, but a special public access place that welcomes all people to live, work and enjoy the most beautiful and inspiring architectural spaces.

Samuehl concluded by saying that Lüderitz is poised to grow both in terms of size and its ability to provide critical services to its residents, tourists and visitors, and that “this wave of development will trigger the challenge of housing shortages.“

Lüderitz Waterfront to restore town’s history

So far, good selections of maritime artifacts have been

collected, which will be displayed in the museum. The waterfront

company and government jointly funded this project with relevant

ministries making the largest financial contribution.

Fluksman Samuehl, chief executive officer of the Lüderitz Waterfront Development Company (LWDC). Photo Contributed.


TURNING THE OLD POWER STATION INTO AN ATTRACTIVE WATERFRONT

DESTINATION

Lüderitz Waterfront Development Company (Pty) LtdPO Box 78, Lüderitz, Namibia, Tel: +264 63 202702, Fax: +264 63 202030, Email: [email protected]

Website: www.luderitzwaterfront.com.na

The Old Power Station, one of the Lüderitz Waterfront projects that is being transformed into an attractive waterfront space. This specific project focuses on the development of the fully fledged satellite campus for NUST, maritime museum, indoor and outdoor sport and recreational facilities. At completion, it is envisaged that this space will welcomes all people.

A few luxury waterfront apartments are remaining for sale,book now by contacting

[email protected]


For people across the world, the building of a new home, or the remodelling of their current

home, is a stressful event. There are a myriad of decisions to make, ranging from how to arrange financing at the start of the process, to the making of final decisions on fixtures and finishes to use at completion.

The complexity of the process discourages many as soon as the idea of building strikes them, and of those that do get started, many become disillusioned along the way.

At Ark Trading, our goal is to make the building of your new home or

remodel as trouble-free as possible. As a “one-stop shop”, we save you time as well as money. And maybe most importantly, we simply save you stress. Having every product necessary for the completion of your home under one roof, you are saved from hours of driving from shop to shop. Our trained sales team has years of experience and extensive product knowledge, answering your product questions and assisting you in the purchase of the right materials for your unique home, start to finish. Whether you need cement, steel, bricks, plumbing or electrical

components, fixtures or the finishing touches of tiles, paint and pavers, ArK Trading has what you need for a rewarding project.

in addition to having the products and expertise needed for trouble-free building, the financing of your new home or remodel is simplified at ARK. Our on-site estimator will evaluate your building plans at the onset to give you an accurate budget and enabling solid planning. Our finance team works together with you, your local bank, and your contractor to mitigate your risk by facilitating the building timeline. This critical aspect of the building

process ensures products and funds are appropriated correctly as milestones in the building process are completed, and helps prevent interest accruing unnecessarily. Our home builder account customers receive personalised assistance and guidance each step of the way.

In January 2016 ARK Trading came under the new management of Paul Koster. Paul brings 22 years of building and trade experience to ArK and has sought to streamline the selection and purchase of building materials for the contractor as well as home owners. Paul believes for

ArK Trading to be successful it must develop strong relationships with customers, deliver superior service, and sell a strong selection of the quality products needed to complete building projects.

At ArK Trading you are not alone in the building process. Our goal is to assist you in making your building dream a trouble-free success. You CAN build your home trouble-free with ArK Trading. Call +264 61 385 900 today to speak to a member of our friendly staff and begin the process of building your dream. We look forward to partnering with you!

You Can Build Your Home Trouble-Free with Ark Trading



The Construction industries Federation of Namibia has stressed the

need of a national construction council that would ensure that the industry is better regulated.

This comes after hardships such as the water crisis and the slowing economy that affect the construction industry.

Bärbel Kirchner, CiF’s consulting general manager, said the CiF hopes that a bill on the related matter would be tabled in parliament as soon as possible.

“it would mean that only registered and licensed companies would be able to tender for projects, and that there would be better control over quality in the industry. This will also address the phenomenon of tenderpreneurs,” said Kirchner.

Kirchner added that government is trying to minimise the effects of the current situation and in view of Namibia’s economic future, government emphasises the need to consolidate and control expenditure.

She noted that delayed payments by government have a negative impact on the construction industry.

“Therefore, in terms of priority, the CiF encourages that all outstanding debt to companies operating in the building and construction sector would need to be paid as soon as possible to avoid the knock-on effects in the respective supply chains and the spillover to other sectors,” she added.

She said the CiF has met with the finance minister in order to continue raising awareness of how businesses are affected and how late payments impact the cash flow situation in the industry.

“The CiF will provide the ministry with a list of all outstanding payments in the construction industry, with details of respective invoices by 21 February. Although the information would be available to government, this is to ensure that if payments have not been forthcoming in this financial year, it will be budgeted for in the next year. it provides a means for additional checks and balances, if required,” said Kirchner.

Last year the federation had asked government to pay all invoices for the construction sector by 15 December. About 115 companies were owed roughly N$1 billion by the government. This was after a survey conducted by CiF, which revealed that close to 75% businesses of the 85 respondents in the survey were facing cash flow problems.

The industry also retrenched over 1000 employees.

The survey also showed that between 70 and 100% of respondents depend on government projects. As a way to ease the situation, respondents noted that government needed to pay them on time, pay penalties

on late payments and that effective payment systems needed to be established.

The over 450 member-strong CiF also asked that information about capital projects for the next financial year be made available as soon as possible for businesses in the construction industry to plan accordingly.

Kirchner said the CiF keeps emphasising that it remains absolutely critical that Namibia maintains its local construction sector so that all future projects can be for Namibian companies only.

“Namibian construction capacity must be engaged for all construction and building projects, including those that focus on development of the infrastructure for the optimal supply of water and electricity, and the development of key roads. in addition, with the limited funds available, there needs to be a focus on maintenance, renovation and the sanitation of buildings and infrastructure,” said Kirchner.

She added that the rains are a total blessing, saying they can therefore anticipate a growth in the private sector building activity. Kirchner said there is a need to remain focused on continuously saving water and on the building of water infrastructure.

Other factors that largely affected the sector in 2016 was when government announced that no tenders were to be awarded by government authorities until the 2016/2017 budget review and until the reprioritisation of capital projects has been finalised, in addition to feasibility studies for capital projects being put on hold. This led to the CiF calling for support and protection of the local construction industry.

CIF stresses the need for construction council“Therefore, in terms of

priority, the CIF encourages that all outstanding debt to companies operating in the building and construction sector, would need to be paid as soon as possible

to avoid the knock-on effects in the respective supply chains and the

spillover to other sectors,”

CIF has maintained that it is crucial for Namibia to maintain its local construction sector for all future projects to be reserved for Namibian companies only. Photos: contributed.

Ludwigsdorf: • 4bedrooms• 3bathrooms• DiningRoom&Lounge• Studio• ExtraGuestToilet• EntertainmentRoom• PoolnexttoLapawithBQ• Lowmaintanancegarden• RegistratedinCCvaluationN$5.5

Luxury Hill:Deutte on Top • 4bedrooms• 4bathrooms• 4garages• 1extraParking• DiningRoom&Lounge• ModernKitchenwithScullary• LaundryDeck• Pool&storeroom• N$5.1inCC

38 KASTEEL STREET, LUXURY HILL, LUDWIGSDORPH, CELL:+264 81 127 3434 TEL/FAX:+264 61 224883, E-mail:[email protected]

• STAFF REPORTER

THE Buy-a-Brick challenge introduced by Standard Bank Namibia aimed at alleviating the housing shortage

saw its chief executive officer, Vetumbuavi Mungunda, host an outreach at informal settlements in Windhoek.

The outreach that took place last week saw various executives from both the public and private sector, in addition to youth parliamentarians. The informal settlements visited were Havana, One Nation and Okahandja Park.

The mission was to engage with the residents of those settlements in a bid to raise awareness on the housing shortage and the efforts being made with the Buy-a-Brick initiative.

“The Standard Bank Buy-a-Brick Initiative, which was launched last year, is not a new undertaking for us. in fact, as a good corporate citizen it is a campaign very close to our hearts. it has also come a long way in alleviating the shortage of housing in our country through our 10 year partnership with the Shack Dwellers Federation of Namibia of which the First Lady Monica geingos is the patron,” Mungunda said of the initiative.

Minister of urban and rural development, Sophia Shaningwa who was among the attendees of the outreach programme, said; “i fully support Standard Bank’s outreach challenge under the Buy-a-Brick initiative because it seeks to alleviate the plight of our mothers, fathers, brothers, sisters and children

who live in shacks. What is pleasing to note is that this community initiative is well aligned to government’s mass housing programme as well as the land and housing provision under the social progression pillar of the Harambee Prosperity Plan as set forward by our President Hage geingob.”

She added that the provision of housing in Namibia cannot be left to government alone as it is not in a position to raise and provide all the resources required for such programmes.

“it requires the support and involvement of other stakeholders, particularly the private sector and members of the public. We therefore all have a collective responsibility to build a country we want to see in the future. And by doing something personal and reaching out to our less fortunate communities who live in shacks in our country, we can make a difference in their lives,” she stressed.

Faan Bergh Winckler Trust representative, Janine Bester, said the outreach was an amazing wake-up call and special experience.

“We got out of our comfort zones and stepped into reality to experience the livelihoods of our communities,” she said.

Emma Theofelus, deputy speaker of the youth parliament in Namibia added that, “considering the experience that i have had, i can confidently say my eyes have been opened to the misconceptions and stereotypes of our people living in informal settlements. As young people we need to be exposed to such situations, so that as the future leaders we can make the right decisions for the Namibian population.”

Buy-a-Brick campaign to alleviate housing scarcity


“We also see it as a contribution factor to the local economy through

growth and innovation of aluminum products to the coastal towns and central

part of our country.” Fillipus Shitumbapo

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WINDHOEK:1802th Brahmann Street, Brahmann Industrial Park unit 10Tel: 061 245 844 | Fax2Email: 0886553898For Quotes/Tenders: [email protected] Fillipus: +264 81 128 1814 | [email protected]: +264 81 342 2044 | [email protected]: www.worldwidealu.com.na


SMALL businesses are usually perceived as too small to contribute to the

local economy but when it comes to Worldwide Aluminium and glass, that phrase cannot be associated with them.

Although it is a fairly new business that has been operational for roughly three years, Worldwide Aluminium and glass helps stimulate the local economy through employment creation.

Worldwide Aluminium and glass has grown from employing three people based only at Swakopmund and now the company employs 23 Namibians including those employed to serve Windhoek, rehoboth and Okahandja clients.

Last year the company has always been operational from the coast, set up an office in Windhoek.

Worldwide Aluminium and glass fabricates supplies, replaces, customises and installs quality and affordable aluminium windows, aluminium doors and other services. it has windows in all shapes, sizes and in different colours depending on the clients’ choice.

As part of its corporate social responsibility, the company aims to create more employment for local people within the community it operates in.

Fillipus Shitumbapo, managing director said the company’s innovative and creative team is continually implementing new solutions for existing ideas; hence the uniqueness of most of their products.

“We also see it as a contribution factor to the local economy

through growth and innovation of aluminum products to the coastal towns and central part of our country,” said Shitumbapo.

Shitumbapo added that Worldwide Aluminium and glass wants to work harder to deliver affordable quality services to its clients than previously.

“We hope to open an additional branch up north, either at Ondangwa, Ongwediva or Oshakati to serve our growing clients in that part of the country. We wish to participate in charitable programmes later in the year,” he said.

Shitumbapo added that Namibia’s economic crunch has had an impact on the company’s business operations.

“Our business does not operate in a vacuum and what affects our clients e.g. in the construction industry, the general public and government, will inevitably also affect us and on that point business has slowed a bit. if you put your heart in what you do and satisfy your clients 99% of the time, they are bound to return the favour in one way or the other. i am talking about referrals for projects like a single office or house which helps to keep the lights on,” added Shitumbapo.

One of the achievements worth noting is the growth in the number of return clients that the company experienced during 2016. Shitumbapo said these clients have continued to use their services over several years.

Shitumbapo said the company also faced a few challenges such as acquiring proper industrial machinery, monopolies at the coast, and high prices for raw materials from its main suppliers,

Helping to stimulate the local economy

South African property market predictions for 2017

and unfair competition from Chinese nationals.

“Fortunately, Worldwide Aluminium and glass’s client base is diverse, whereby our focus is not limited to a specific group of clients, and i believe this has contributed to our sustainability despite economic challenges that our country faces,” he said.

He added that 2016 was successful in many ways.

“We have managed to successfully complete big projects in most parts of the country and we went as far as the Dobe border post between Namibia and Botswana approximately 480km east of grootfontein,” said Shitumbapo.

in addition, Worldwide Aluminium and glass managed to get advanced industrialised machinery, hired more qualified aluminium technicians, administrators, safety officers and fitters. At Worldwide Aluminium and Glass you will find aluminium windows and door solutions for every project and building type, from residential to commercial to traditional and contemporary. its windows and doors are robust, user friendly, tough and highly secure, compatible with all approved and recommended window and door systems.

AS MUCH as we don’t like to admit it, 2016 has not been a good year for many of us. We have seen tremendous

upheaval across the globe including Brexit, a refugee crisis and a controversial American president elect.

Things have not been that rosy in South Africa either with corruption taking centre stage alongside growing political dissatisfaction. There have however been many positives. The rand has strengthened after its dramatic drop in December 2015.

Much has been written about the country’s property market and yes, while there has been a general slowdown in the market, prices are, for the best part, holding their own. The banks are still granting bonds and people are still investing in property on a grand scale.

We asked some real estate executives what they predicted property-wise for 2017.

Here are their responses.Myles Wakefield, CEO Wakefields Real

Estate said; “I’d love to have that crystal ball with 2017 engraved ‘good’ on it, but i don’t. i’m not sure anybody has it. With the astonishing, unexpected, and often almost reverse outcome of some of 2015’s events, such as local and global, any opinions given would say more about me than about the property market.

“What i can say is that we have a number of trends which have been entrenching themselves

over the past couple of years, and they will certainly increasingly continue to play out in different ways. With over 40% of home loans being granted to first time buyers, it’s clear that that sector of the market is continuing unabated. They’re buying homes, and they are buying into what is one of the biggest global trends, increased urbanisation. small, gated communities where costs and responsibilities are shared, people work together as a community – particularly when it comes to security – and they want their children to grow up in a safe environment, playing in the ‘streets’ with the neighbour’s children. That’s all possible in a gated estate, where people are prepared to sacrifice space for safety and community. They also want to be close to work, play, retail, schools, you name it – they don’t want long, expensive, fuel-guzzling commutes.

Dr Andrew golding, CEO Pam golding Property Group said; “We anticipate that 2017 will see the continuation of a number of prevailing trends. These include the desire among first-time buyers to acquire a foothold on the property ladder and own their own homes; an ongoing trend towards investment in mixed-use developments, mainly in metropolitan hubs, as well as the development of secure private estates and sectional title complexes. This incorporates the growing popularity of a convenient lifestyle within easy reach of all

amenities and transport, and encompassing the live, work, play, shop concept; the transition to ‘green’ and sustainable living as pricing pressures resulting from the prolonged drought and rising electricity tariffs will see a continued shift to energy and water efficiency; and t0he importance of understanding the dynamics of the housing market when making a sound investment decision. These include factors such as the ongoing migration of people, supply of new housing units and lifestyle trends.”

Lew geffen, Chairman of Lew geffen Sotheby’s international Realty noted that;“2017 is going to be a tough year for the residential property industry as political uncertainty and a flat economy squeezes consumers further and subdues an already depressed market.

“The Western Cape is underpinning national house price inflation, but much of that is due to the tsunami of semigration that has been the order of the day for several years now. Looking at how flat the gauteng market has become in 2016, though, if homeowners there aren’t selling they’re unlikely to be buying in the Cape and the knock-on effect will probably slow that market as well in 2017. We do still expect the Western Cape market to be the strongest performer in 2017.

Source: Private Property


On 15 December 2016, the Amendment of Standard Building

regulations applicable to the town of Swakopmund and contained in government Notice No 496 of 2016 came into operation. These regulations make it compulsory for the obtaining of a building compliance certificate before any property in the district of Swakopmund may be transferred to a subsequent owner. The regulations were specifically made applicable to the transfer of the member’s interest in a close corporation or a majority shareholding in a company, where such property is owned by a close corporation or a company.

The rationale behind these regulations is to ensure that all buildings at Swakopmund comply with the building regulations. Similar regulations are applicable in Windhoek. This means that the municipality wishes to ensure that the building has been built according to the building plans as approved by the municipal council, that the property is only used for its intended purpose, has not been consolidated or subdivided without the necessary consents and that the electricity installations comply with the Electricity Act.

How do I go about obtaining such a certificate

at Swakopmund?

in terms of the regulations, the owner of a building or structure must, against payment of the prescribed fee of N$ 300, apply in writing to the municipality for the issuing of such building compliance certificate.

How quickly can I expect my building compliance

certificate

The regulations make provision for a building inspector to visit the property and to inspect the building within 5 working days of the receipt of an application for a building compliance certificate. The building inspector will arrange the intended visit to the premises with the owner and during the inspection needs to ensure that:

The building has been built according to the approved building plans;

The building is not used for any other purpose than what was originally intended and approved;

All establishments, subdivisions and consolidations on the property comply with the standard building regulations; and

All electrical installations

comply with the Electricity Supply regulations.

Once the inspector has done the inspection and is satisfied that the building complies with all the above-mentioned provisions, a building compliance certificate will be issued to the owner.

What if my building does not comply?

if the building inspector finds that the building does not comply with any of the abovementioned provisions, he shall indicate in writing to the owner why a building compliance certificate could not be issued. The owner is then compelled to correct any or all mistakes found before he can again apply for the issuing of a building compliance certificate. This in practice may mean that the owner will have to submit new (amended) building plans for approval by the municipality.

Each repeat inspection will again require the payment of the necessary fee to the municipality. On top of that, any person who contravenes the regulations or fails to adhere to an instruction to rectify any mistakes found on inspection, commits an offence and is liable to a fine of up to N$ 2000 or even imprisonment for up to 6 months. No person will be allowed to transfer any property until the fine has been paid and the non-compliance corrected.

What does all of this mean to the average property owner at Swakopmund?

it is vitally important to check the building plans of your property at the municipality to ensure that your property complies with the building regulations, especially if you plan to sell your property in the near future.

if you wait until the day when you wish to sell your property before checking that your property complies with all the provisions, you may experience a serious delay in the registration of the transfer of your property, if you for example need to submit new building plans for approval or correct your electricity installation. it is also important to keep in mind that the building compliance certificate is only valid for a period of 90 days from the date of issue.

Once it has lapsed, you will have to re-apply and again be liable for the payment of the application fee.

The cuilding compliance certificate needs to be valid on the date of transfer of the property.

Building compliance certificates now compulsory at Swakopmund


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N$17,3 million.From 1990 to 2015, 5 096

families were resettled of whom 1 377 are males and 1 996 are females. During the 2016/17 financial year, government managed to resettle 78 beneficiaries.

The resettlement programme has seen critics saying there are a lot of landless Namibians who are not benefiting from it and that some of those resettled, are from other regions.

Speaking to The Namibian, Chrispin Matongela, land reform public relations officer said one should not look at people from different regions being resettled in a specific region as a harmful thing, “this is part of regional integration.”

The ownership of these land still belong to government although families have been and will be resettled on them and will lease the land from government for over 90 years. The leasing of land has also seen criticism as critics say no one can lease land for so long and government should transfer the ownership to those resettled at that land.

Matongela reiterated that the farms purchased are strictly government farms but are bought to resettle people. He added that government has come up with a strategy whereby the land will be leased to individuals until they are succeeding in farming at that land and only then will they receive ownership.

“We need to manage the process properly because in the future, it is only people with money who can afford to buy farms. So for now, people can pay rent for the farms and when we see they are succeeding, we give them the farm,” he said.

He added that some farms have low income earners residing on them and some of them have no cattle or any livestock. government therefore came up with projects to cater for their needs.

“This allows for food rations to be provided to these people. We put them in groups in order for them to come up with income generating activities. The intention by government is to take people out of their misery and make a difference,” said Matongela.

Land reform minister Utoni Nujoma, in his recent ministerial speech, said to date a total of 36 resettlement lease agreements have been signed in the Hardap, //Karas, Omaheke, Erongo and Otjozondjupa regions.

Nujoma said in order to ensure sustainability in the utilisation of the land resource; the ministry developed an integrated regional land use plan (irLUP) in different regions.

“For the 2016/17 financial year, the ministry planned to develop the irLUPs for Omaheke, Omusati and Oshana regions. Progress in realising this output stands at 92% for Otjozondjupa irLUP, and 80% for Omaheke irLUP. Challenges have been experienced and efforts are being put in place to ensure that Omusati and Oshana irLUPs are finalised for implementation,” said Nujoma.

Land resettlement: Hope for landless Namibians or not? …As Govt buys farms for N$1,7b to date

“We need to manage the process properly because in the future, it is only people with money who can afford to buy farms. So for now

people can pay rent for the farms and when we can see

they are succeeding, we give them the farm,”Chrispin Matongela, land reform

public relations officer.

THE government land resettlement programme has seen immense growth over the

past 26 years as many hoped that it would answer the calls of the many landless Namibians.

Despite the programme having been introduced in 1990, many have complained that the process has not in its entirety dealt with fixing the issue of landlessness.

From 1990, government spent roughly N$1,7 billion on purchasing

about 510 farms for resettlement purposes, which are slightly more than 3 million hectares.

For the 2014/15, 2015/16 and 2016/17 financial years, government spent N$260,4 million on 41 farms, N$439,2 million on 60 farms and N$187,3 million on 22 farms, respectively.

in addition, there are three farms measuring approximately 10 thousand hectares which the government plans to purchase at a combined cost of


NAMIBIA ESTATE AGENTS BOARDWARNING TO THE PUBLIC

DEALING WITH UNREGISTERED ESTATE AGENTS Any person who acts as an estate agent, and more specifically who advertises property on behalf of another party, without a fidelity fund certificate from the NEAB, commits a criminal offense. Advertising includes social media. It has came under the attention of the NEAB that especially facebook is being utilised by unregistered agents to unlawfully advertise properties. The NEAB is in the process of setting up systems to detect these unregistered agents and will institute criminal proceedings where persons act in contravention of the Act. The public is warned not to make use of the services of unregistered agents. Doing so holds substantial legal and financial risk. Criminal cases and recovery of damages take a long time. The Fidelity Fund will not reimburse you if an unregistered agent defrauds you or steals any money from you.

The public must always ensure that an agent can provide a valid fidelity fund certificate (note especially when a certificate expires) and a valid NEAB identification card. Also look at the expiry dates on these cards.

For further enquiries phone the NEAB at 061-249885Or visit our offices at No 7 Hahnemann Street, Windhoek West.

The ChairpersonAnne Thandeka Gebhardt

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Services, a subsidiary of United Africa group (PTY)LTD , prioritises safety and security by providing top-notch services.

United Fire and Safety Equipment and Services (UFS) has two core businesses which focus on fire prevention and safety. UFS is a leading firefighting equipment distributor and service provider in Namibia.

“We are the sole distributor of Chubb and gunneBo throughout Namibia, we have the rights to distribute these products in Namibia which is aligned to our strategic international partnerships providing world-class services and products to the people of Namibia.

Chubb Fire and Security - one of the most recognised companies in Namibia and South Africa – offers one of the world’s most comprehensive portfolios of life safety and security solutions. Meanwhile, gunneBo is a global leader in security products, services and solutions with an offering that includes cash handling, electronic security, entrance control, perimeter security and safes and vaults.

Celeste goliath, operations manager at UFS said UFS does everything related to fire which includes selling fire extinguishers, and for safety, the company sells strongroom doors, ordinary safes and gun safes. “We give a five-year guarantee to our clients as long as they service their products they purchased from us. if they go to another service provider, they forfeit the guarantee,” she said. Once the product is sold to the client, UFS ensures that it is serviced on an annual basis.

She said by law, any business who wants a fitness certificate needs to

ensure they meet the safety regulations as per the Labour Act 11 of 2007.

Presently, UFS only operates throughout Namibia and is registered with the City of Windhoek’s fire brigade department. Although UFS does not provide emergency services, the company supplies equipment meant for safety and security purposes.

“We have qualified technicians who are certified with the Windhoek municipality. Our team covers operational, sales and all technical aspects,” she said.

Some of the major UFS clients include government departments, the hospitality industry, and fishing and other corporate companies. The company also provides services throughout Namibia to certain businesses at Oshakati, Ondangwa, Zambezi region and the coast.

goliath stressed that Namibians rarely think about the occurrence of a fire and thus do not take prior caution, but she stressed that every household, every business and every vehicle should have a fire extinguisher to take the necessary precaution in case an emergency arises.

All UFS workshops that deal with occupational health and risk management are South African Bureau of Standards (SABS) 1475 approved.

By manufacturing, supplying and servicing high quality firefighting equipment by combining modern technology with quality staff, UFS is committed to preserve life and protect property.

Apart from extinguishers, Chubb and gunneBo, UFS also supplies hose reels, fire horse and fittings, cabinets and boxes, signage, ancillary equipment, fire resistant safes, doors and cabinets and modular vaults.

Physical Address25 Kalie road StreetNorthern industryTell: +264 237 586/7

“We have qualified technicians who are certified with the Windhoek municipality. Our team covers operational, sales and

all technical aspects,”


Studies have shown that living by the beach encourages physical activity, this finally leading to a healthier lifestyle. This is the emphasis on the Afrodite Beach that seizes the spirit of rest and nature, yet furnished with the amenities in any modern city.

Positioned on the edge where the golden dunes of the world famous Namib Desert meet the deep blue Atlantic Ocean, Afrodite Beach is an opportune moment to possess an exclusive, luxurious paradise.

Overlooking the magnificent Pelican Peninsula where numerous ships and fishing trawlers rest for a while, picturesque views and magnificent sunsets are the order of the day. The development offers spectacular sea views and affordable luxury on a stunning, unspoilt stretch of Namibia’s coastline.

Situated 10km north of Walvis Bay, no imagination needed as Afrodite Beach is within reach. As luxury meets the ocean, Afrodite Beach is a development that aims to craft a secure and peaceful residential development, merging melodiously with the natural desert environment.

Consisting of different sized modern houses, a luxury hotel, apartments, conference rooms, a health spa and commercial facilities, Afrodite Beach is based on the idea of a secure and comfortable community. Potential buyers will be able to buy plots from the developer or the developer’s appointed agents.

Afrodite Beach has an innovative approach that allows those who purchase the ervens to develop their houses or units, to their taste and comfort, but still adhere to the architectural guidelines and conditions of the development. This will also ensure that the basic look of the buildings blend harmoniously.

A team of the most respected professionals engaged with meticulous attention to detail with a far-reaching vision to present a first class development. Afrodite Beach will be one of the five wonders in Namibia.

For further information contact:

Cell: +264 81 129 4501 +264 81 128 4501 +264 81 122 3777 Fax: +264 64 207 029/ +264 64 205 576 Fax2Email: 088 619 340

Email: [email protected] Website: www.afrodite-beach.com

The Ocean meets Luxury at Afrodite Beach

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