Bidvest Namibia, in collaboration with subsidiary Waltons, visited Bet El Primary School in Katutura on Monday to hand over a gift of much-needed stationery to the school’s nearly 800 learners. The donation comprises 800 erasers – one for each learner – and 500 stationery packs.
“The current financial crunch has compelled everyone to tighten their belts and forego some of the things we have taken for granted in the past,” said Andrea Calitz, corporate public relations and media liaison of Bidvest Namibia.
“Yet for many schools in less fortunate areas, this means going without basic educational amenities.”
“Bidvest Namibia is committed to creating opportunities, growing people and unlocking potential for the people of Namibia,” she continued.
“Education is one of the most vital tools to building a brighter future for every child. That is why, in these tough times, we believe that we have a responsibility to come alongside the Department of Education to do our bit to ensure that no learner goes without the basic tools he or she needs to learn.”
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.
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.
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.
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.