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 Bidvest Namibia FD Resigns

The Board of Bidvest Namibia announces that Ms. Theresa Weitz will be resigning as executive director effective March 6, 2018. Bidvest Namibia would like to thank Ms. Weitz for her valued contribution to the company.

Sens Trading Update

Bidvest Namibia anticipates basic earnings per share (EPS) to be up between 28% and 33% and headline earnings (HEPS) for the half-year ended December 31 2017 to be down between 127% and 132% on the previous corresponding period.

Sens Peter Meijer resigns

The Board of Bidvest Namibia announces that Mr. Peter Meijer will be retiring as nonexecutive director effective February 28 2018. Bidvest Namibia would like to thank Mr.
Meijer for his valued contribution to the company.

Sens Cautionary Announcement

Further to the cautionary announcements dated November 8 and December 20 2017, 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 continue to exercise caution when dealing in the Company’s securities until further announcements are made.





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