Are you an SME that has been awarded a contract by a large organisation, such as a government ministry, a state-owned enterprise, or from a large private sector entity, and you need credit facilities to complete your work? Will you be buying from one of the below Bidvest Namibia entities?
Bidvest Namibia Entities forming part of this iniative include:
If you can answer yes to these two questions, then you may qualify to access the Bidvest Namibia Enterprise Development Fund (the Fund). The Fund is administered and managed by Namprofund.
Namibian SMEs can now use this opportunity to take their business to new heights. SMEs can choose from the following products:
Working Capital Finance
This option is perfect for SME’s that have been awarded value add contracts, which include construction or maintenance contracts.
Purchase Order Finance
This option is perfect for SMEs that have been awarded contracts to supply goods to Government, state-owned enterprises or large private sector entities.
Operating Finance Lease
This option is perfect for SMEs awarded large contracts that requires that they acquire plant and machinery to execute the contract over an extended period of >18 months.
Where do I apply?
Download the brochure and application form here:
Bidvest Brochure Application Form
Find application forms at:
Business Financial Solutions (BFS) Offices/ Namprofund
Ground Floor, 7 Newton Street, Windhoek, Namibia
PO Box 5064, Ausspannplatz, Namibia
T: +264 61 388 600 F: +264 61 239 772
Pursuant to the cautionary announcements by Bidvest Namibia published on NENS dated November 8 2017, December 20 2017, January 31 2018, March 14 2018, April 25 2018 and June 6 2018, shareholders are advised that Bidvest Namibia, through its wholly owned subsidiary Bidvest Namibia Property Holdings (Proprietary) Ltd (“Bidvest Namibia Property”) has acquired the remaining issued share capital of Namsov Industrial Properties (Proprietary) Ltd (“NIP) and United Fishing Enterprises (Proprietary) Ltd (“UFE”), as at the effective date, subject to the terms and conditions as set out herein (“the transaction”).
More information in the attached PDF.
Pursuant to the cautionary announcements by Bidvest Namibia published on NENS dated November 8 2017, December 20 2017, January 31 2018, March 14 2018, April 25 2018 and June 6 2018, and the voluntary announcement published on NENS dated 1 2 July 2018 relating to the acquisition by Bidvest Namibia Property Holdings (Proprietary) Ltd (a wholly owned subsidiary of Bidvest Namibia), shareholders are advised that Bidvest Namibia has disposed of the entire issued share capital of Bidvest Namibia Fisheries Holdings (Proprietary) Limited (“Bidfish”) and/or any of the company’s subsidiaries as at the effective date to Tunacor Fisheries Limited (“Tunacor”) (“the transaction”), subject to the terms and conditions as set out herein.
More details in the attached PDF.
Further to the cautionary announcements dated November 8 2017, December 20 2017, January 31 2018, March 14 2018 and April 25 2018, 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.
The Board of Bidvest Namibia hereby announces the appointment of Mr. Mark Steyn to the Board of Directors effective May 23, 2018.