COSTLY ALTERNATIVES: Well-known barber Pujesu Namundjebo using a generator at Kingsway Plaza yesterday. PHOTO: OGONE TLHAGE
COSTLY ALTERNATIVES: Well-known barber Pujesu Namundjebo using a generator at Kingsway Plaza yesterday. PHOTO: OGONE TLHAGE

Stina Wu tenants angry at power, water cuts

STAFF REPORTER
Business tenants at Windhoek’s Kingsway Plaza, which is co-owned by property guru Stina Wu, are up in arms after water and electricity to the complex were disconnected by the municipality over an unpaid bill of allegedly N$800 000.

The complex houses salons, barbershops, boutiques, takeaways, bars and car washes – whose owners said they have not had water since Monday afternoon.

This has brought to a halt a lot of their work, resulting in huge financial losses.

As of 2018, Chinese-born Wu owned 35% of the mini-mall.

Wu is the founder and executive chairperson of Helmsman Group that owns shopping complexes and is involved in building houses in several Namibian towns. Her managing partner is former CEO of Helao Nafidi town council, Chris Shivolo, who yesterday apologised for the situation.

Namibian Sun visited the complex yesterday and was greeted by scenes of businesses using petrol-powered generators to fuel their operations, while many hairdressers stood idle hoping their taps would start running.

One barber said: “I’ve had to send my customers away all week. They [the owners] have not given us a straight answer as to when the situation will be resolved”.

A boutique owner said: “We can't even use the toilet. We are losing a lot and it's end of the month. The shop wasn't supposed to be this quiet, we were supposed to have movement.

“The owner of the complex is not picking up our calls and we have not heard anything from them since the electricity was cut.”

Pujesu Namundjebo, CEO of the Namibia Hairdresser Association, which also operates at the complex, said: “Our children are back at school and we need to cater for them. And we need to pay our accommodation rent, but with what if we can’t make money?”

‘Not a national issue’

In response, Shivolo said Helmsman Group and the City of Windhoek do not have consensus on the amount owed, hence the delay in resolving the matter.

“We are busy sorting it out for the restoration of services, which will be done either today or tomorrow.

“I don’t know why this should become a national issue, is it because it’s Stina or what?” he asked.

“We sympathise with the people on the site. Mind you, this is close to month-end and you will find that this is the time most of the businesses actually make their money. To tell you the truth, we regret the inconvenience that was caused.”

He added: “We are highly considerate of the people and that is why we extended a lifeline that their September rent will be discounted by 30%.

“Look, we are all business people and as you go on, you are bound to make mistakes here and there but those mistakes should not be used to crucify you.”

Wu could not be reached for comment.

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Namibian Sun 2024-05-15

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 363.35/OZ UP +0.32% | Copper US$ 4.95/lb UP +1.51% | Zinc US$ 3 015.00/T UP 0.79% | Brent Crude Oil US$ 82.20/BBP DOWN -0.0116 | Platinum US$ 1 045.67/OZ UP +0.18% Sport results: Premier League: Tottenham Hotspur 0 vs 2 Manchester City | Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal LaLiga: Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca | Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 12° | 30° Rundu: 11° | 29° Eenhana: 14° | 31° Oshakati: 14° | 30° Ruacana: 14° | 30° Tsumeb: 14° | 28° Otjiwarongo: 11° | 26° Omaruru: 14° | 29° Windhoek: 12° | 25° Gobabis: 14° | 25° Henties Bay: 19° | 34° Wind speed: 27km/h, Wind direction: SE, Low tide: 03:18, High tide: 09:17, Low Tide: 15:19, High tide: 22:12 Swakopmund: 19° | 26° Wind speed: 20km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:15, Low Tide: 15:17, High tide: 22:10 Walvis Bay: 23° | 35° Wind speed: 25km/h, Wind direction: SW, Low tide: 03:16, High tide: 09:14, Low Tide: 15:17, High tide: 22:09 Rehoboth: 13° | 26° Mariental: 16° | 28° Keetmanshoop: 19° | 28° Aranos: 15° | 28° Lüderitz: 20° | 36° Ariamsvlei: 19° | 31° Oranjemund: 16° | 29° Luanda: 24° | 28° Gaborone: 15° | 28° Lubumbashi: 11° | 27° Mbabane: 13° | 25° Maseru: 10° | 25° Antananarivo: 14° | 22° Lilongwe: 14° | 27° Maputo: 17° | 28° Windhoek: 12° | 25° Cape Town: 15° | 22° Durban: 17° | 25° Johannesburg: 15° | 24° Dar es Salaam: 23° | 31° Lusaka: 15° | 25° Harare: 12° | 25° Economic Indicators: Currency: GBP to NAD 23.11 | EUR to NAD 19.86 | CNY to NAD 2.54 | USD to NAD 18.37 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.03 | USD to AOA 834.06 | USD to BWP 13.56 | USD to EGP 46.75 | USD to KES 129.98 | USD to NGN 1498 | USD to ZAR 18.37 | USD to ZMW 25.6 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78632.56 Down -0.07% | Namibian Stock Exchange (NSX) Overall Index 1710.9 Down -2.52% | Casablanca Stock Exchange (CSE) MASI 13501.46 Down -0.29% | Egyptian Exchange (EGX) 30 Index 25339.77 Down -0.16% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 363.35/OZ UP +0.32% | Copper US$ 4.95/lb UP +1.51% | Zinc US$ 3 015.00/T UP 0.79% | Brent Crude Oil US$ 82.20/BBP DOWN -0.0116 | Platinum US$ 1 045.67/OZ UP +0.18%