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.”
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.
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.
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.
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.