Ovanhu Investments is the flagship Broad-based black economic (B-BEE) company, which owns 13% of the issued share capital in Bidvest Namibia Limited. Ovanhu Investments includes Womens Action for Development (WAD), Labour Investment holdings (LIH), Bidvest Namibia Community Trust and other leading entrepreneurs.
Ovanhu is about people. It’s not just about the bottom line. It’s about belief in entrepreneurship and the independence of the human spirit. Ovanhu reflects hope, celebration, and a sense of achievement. Most importantly, Ovanhu acknowledges the spirit of ownership which is a prerequisite for individuals looking to cultivate a sense of belonging and develop the confidence and self-reliance necessary for independent action on their own initiatives.
Pension and Provident funds own a further 22% of the shareholding, whereas the 13% of the shares are held by the broader public.
Bidvest Namibia is committed to BEE, which it regards as a regional, national and business imperative.
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.
Notice is hereby given that a final cash dividend of 10 cents per share has been awarded to members recorded in the register of the Company at the close of business on Friday, 5 October 2018.
Shareholders are advised that the last day to trade “cum” the distribution will be Friday, 28 September 2018. The shares will trade “ex” the distribution as from Monday, 1 October 2018 and the record date will be Friday, 5 October 2018. Payment will be made on Friday, 19 October 2018.
Further to earlier announcments, shareholders are advised to exercuise caution when dealing in the Bidvest Namibia securities until finalisation announcement is made.