u2018Non-performing contractors will not be toleratedu2019
u2018Non-performing contractors will not be toleratedu2019

‘Non-performing contractors will not be tolerated’

NAMPA
RUNDU – The National Housing Enterprises (NHE) said it will not tolerate non-performing contractors this year and that it will not be business as usual.

The Chief Executive Officer (CEO) of NHE, Gisbertus Mukulu, said this at the NHE Project site handover held at Rundu on Thursday where 123 houses will be constructed.

NHE had a similar ground-breaking ceremony for the construction site for 200 houses at Ekuku Extension 6 in Oshakati late last month.

“My team will be on the ground to ensure the houses are built according to technical specifications,” he said.

He pointed out that at times when a particular tender is given, the main tenderer has a tendency of selling out the contract to another contractor, thus generating quick cash.

This situation he stressed will not be allowed.

‘Working tirelessly’

Mukulu called on the contractor, Darwin Investment Group Namibia in a joint venture with Salami Island, to work on the project and if there are bottlenecks to sort out the problem with NHE until they bring the project to conclusion.

He reiterated the organisation’s commitment and preparedness to continue developing houses for all Namibians.

“NHE is working tirelessly to ensure efficient and effective deliverance of this important mandate as there is a need for an increase in public investment housing sectors,” he added.

A house, the NHE CEO said, is an asset and as such, each and every Namibian would like to have one which can be used to acquire another asset. He explained that the national housing backlog stands over 100 000 and that there are still 87 000 people on the NHE’s waiting list.

The prices of the houses are estimated to be below N$500 000.

The event was attended by the Deputy Minister of Urban and Rural Development Silvia Makgone, Governor of the Kavango East region Samuel Mbambo and Mayor of Rundu Verna Sinimbo. - Nampa

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Namibian Sun 2024-04-26

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Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth | Arsenal 5 vs 0 Chelsea SerieA: Udinese 1 vs 2 AS Roma European Championships Qualifying: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton English Championship: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton Katima Mulilo: 16° | 33° Rundu: 16° | 33° Eenhana: 16° | 35° Oshakati: 17° | 34° Ruacana: 17° | 35° Tsumeb: 18° | 32° Otjiwarongo: 14° | 31° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 30° Henties Bay: 15° | 22° Wind speed: 26km/h, Wind direction: S, Low tide: 10:31, High tide: 04:30, Low Tide: 22:38, High tide: 16:57 Swakopmund: 15° | 18° Wind speed: 28km/h, Wind direction: SW, Low tide: 10:29, High tide: 04:28, Low Tide: 22:36, High tide: 16:55 Walvis Bay: 16° | 26° Wind speed: 34km/h, Wind direction: SW, Low tide: 10:29, High tide: 04:27, Low Tide: 22:36, High tide: 16:54 Rehoboth: 17° | 31° Mariental: 20° | 34° Keetmanshoop: 22° | 34° Aranos: 20° | 33° Lüderitz: 13° | 24° Ariamsvlei: 20° | 35° Oranjemund: 17° | 30° Luanda: 26° | 29° Gaborone: 18° | 27° Lubumbashi: 11° | 25° Mbabane: 13° | 17° Maseru: 9° | 23° Antananarivo: 14° | 27° Lilongwe: 14° | 26° Maputo: 18° | 25° Windhoek: 15° | 29° Cape Town: 15° | 27° Durban: 17° | 22° Johannesburg: 15° | 23° Dar es Salaam: 23° | 31° Lusaka: 17° | 26° Harare: 14° | 26° Currency: GBP to NAD 23.52 | EUR to NAD 20.2 | CNY to NAD 2.61 | USD to NAD 18.85 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.68 | RUB to NAD 0.21 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.85 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 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 - 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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$ 2 347.38/OZ UP +0.72% | Copper US$ 4.55/lb UP +0.88% | Zinc US$ 2 893.10/T UP 1.36% | Brent Crude Oil US$ 89.30/BBP UP +0.46% | Platinum US$ 913.87/OZ DOWN -0.0022