New showroom for Novel

Posted: 21 Oct 2017

A second Ford showroom, Bidvest Windhoek Ford was officially opened in Windhoek last week. During the high profile event, a new financial service, an initiative of Ford Credit South Africa and Standard Bank Namibia was launched. The financial service will be known as “Ford Finance” in Namibia and provides customers with a seamless vehicle finance experience at attractive rates when they purchase their dream vehicle.

Nicolai Celento, Acting Dealer Principal of Novel Ford and Bidvest Windhoek Ford said the opening of a satellite showroom in Windhoek is an expansion of the Ford brand in Windhoek, “because of the rapid rate at which Windhoek has been growing.” He added that the opening of the showroom gives customers a choice of viewing, test driving and purchasing the Ford brand from one of two locations at opposite ends of Windhoek.

Senior officials within Ford Motor Company South Africa and Sub Saharan Africa, Standard Bank South Africa, Standard Bank Namibia, Ford Credit South Africa and Sub Saharan Africa, Bidvest Automotive and Bidvest Namibia attended the event.

Tomorrow, on Friday, 13 October, an Open Day will be held at the new Bidvest Windhoek Ford showroom and clients, prospects and the general public are invited to test drive vehicles on display and enjoy boerewors rolls and soft drinks. Kosmos 94.1 will broadcast from the new premises from 12:00 to 15:00. The aim of the event is increase footfall to the new premises and to entrench the location of the newest Ford showroom in Namibia.

For more information on the new Bidvest Windhoek Ford showroom, contact the Marketing Manager, Novel Motor Company on 061 -292 4061.

Notice Board

Sens Acquisition of entire Ovanhu and Endeni shares

Bidvest Namibia hereby announces the unwinding of the Ovanhu and Endeni empowerment shareholding structures. Agreements were reached between Bidvest Group Limited (“Bidvest Group”), the majority shareholder in Bidvest Namibia, and the shareholders of Ovanhu and Endeni. In terms of these agreements Bidvest Group will acquire the entire share capital and all claims in Ovanhu and Endeni. Read the full details in the attached PDF.


Sens Sens Cautionary

Shareholders are advised that the Company has entered into discussions, which if successfully concluded, may have a material effect on the price of the Company’s securities. Accordingly, shareholders are advised to exercise caution when dealing in Bidvest Namibia’s securities until a final announcement is made.

Sens Annual General Meeting

Notice is hereby given that the 28th annual general meeting of members of Bidvest Namibia Limited will be held at 1 Ballot Street, Windhoek, Namibia at 1 0:00 on Tuesday, November 20 2018.

Sens Integrated Report

Shareholders are advised that the integrated report for the year ended June 30 2018 will be available on October 22 2018. The audited results in the integrated report are identical to the audited results published on August 31 201 8. The integrated report is available on the website
of Bidvest Namibia.

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