Manica Group Namibia was one of the sponsors at the Erongo Economic Conference that took place yesterday during the annual Swakopmund International Trade Expo (Swaitex). The Deputy Minister of International Relations and Cooperation, Christine //Hoebes officially opened the expo and the conference. The conference featured discussions on the challenges and opportunities in the finance, logistics, mining, energy, agricultural, fishing, housing, tourism and water sectors.
A strong message that was reiterated by a number of speakers was that Namibia and in particular the Erongo Region should focus more on manufacturing and adding value instead of simply exporting raw materials. The Governor of the Erongo Region, Kleophas Mutjavikua noted that “we should not simply imitate what other countries are doing but we should learn and innovate. Next year I want to see 10% more locally produced goods being offered at the Swaitex.”
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.