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Quality and affordable housing u2013 a key to a strong and secure nation
Quality and affordable housing u2013 a key to a strong and secure nation

Quality and affordable housing – a key to a strong and secure nation

Assisting the Namibian government with delivering on their mandate of housing provision.
Michelline Nawatises
Michelline Nawatises

The National Housing Enterprise and Shelter Afrique signed a memorandum of understanding on 30 April at the headquarters of NHE in Eros, Windhoek.

Shelter Afrique is a pan-African institution with a vision to deliver affordable homes to people in Africa. The managing director of Shelter Afrique, Andrew Chimphondah, says this is done through public-private partnerships because they believe that is the only way they can achieve development impact.

Chimpondah says their relationship with the NHE started in 2003 when they provided a line of credit of about US$7 million.

“We have a long-standing relationship and this partnership that we are signing today was long overdue because we have chosen NHE as our entry vehicle into assisting the Namibian government, particularly the ministry of urban and rural development, with delivering on their mandate of housing,” he said.

He added that they believe the Harambee Prosperity Plan target of 20 000 units within fours years is achievable. The partnership would allow the NHE the flexibility to support the achievement of this target.

“We will start that by processing a line of credit of 10 million US dollars (approximately N$144 million)” he said.

The CEO of the NHE, Gisbertus Mukulu, said the signing of the agreement brought the state-owned enterprise a step closer to making this a reality.

“The Namibian housing situation is attributed to the scarcity of available land, which pushes up the price of serviced land, which slows down the process of housing delivery and is thus the main challenge facing the housing sector.

“NHE’s mandate is to provide affordable and quality housing to our people, and even through tough economic times, we are still able to deliver on our mandate,” he said.

He added that combined efforts make a difference and the NHE was looking forward to working with Shelter Afrique in finding solutions to the delivery of housing.

“Let us, therefore, pull together as stakeholders in the housing sector, let's re-dedicate ourselves as government and the private sector to continue to work towards our developmental objectives and the goal of creating a Namibian House where no one will feel left out,” he concluded.

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Namibian Sun 2024-04-16

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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$ 2 371.55/OZ DOWN -0.0044 | Copper US$ 4.27/lb DOWN -0.0177 | Zinc US$ 2 751.90/T DOWN -1.6% | Brent Crude Oil US$ 89.94/BBP DOWN -0.0088 | Platinum US$ 959.86/OZ DOWN -0.0127 Sport results: Premier League: Chelsea 6 vs 0 Everton | Arsenal 0 vs 2 Aston Villa | West Ham 0 vs 2 Fulham | Liverpool 0 vs 1 Crystal Palace | Bournemouth 2 vs 2 Manchester United | Manchester City 5 vs 1 Luton Town | Brentford 2 vs 0 Sheffield United | Burnley 1 vs 1 Brighton | Nottingham Forest 2 vs 2 Wolves | Newcastle 4 vs 0 Tottenham Hotspur LaLiga: Osasuna 0 vs 1 Valencia | Real Sociedad 2 vs 2 Almería | Athletic Club 1 vs 1 Villarreal | Granada 2 vs 0 Deportivo Alaves | Las Palmas 0 vs 2 Sevilla | Cadiz 0 vs 1 Barcelona | Mallorca 0 vs 1 Real Madrid | Rayo Vallecano 0 vs 0 Getafe | Atletico Madrid 3 vs 1 Girona SerieA: Atalanta 2 vs 2 Hellas Verona | Fiorentina 1 vs 1 Genoa | Inter Milan 2 vs 2 Cagliari | Udinese 1 vs 1 AS Roma | Sassuolo 3 vs 3 AC Milan | Napoli 2 vs 2 Frosinone | Bologna 0 vs 0 Monza | Torino 0 vs 0 Juventus | Lecce 1 vs 0 Empoli European Championships Qualifying: Preston North End 0 vs 1 Norwich City | Bristol City 1 vs 1 Huddersfield Town | Swansea City 1 vs 0 Rotherham United | Hull City 3 vs 0 Queens Park Rangers | Sheffield Wednesday 1 vs 1 Stoke City | West Bromwich Albion 0 vs 1 Sunderland | Southampton 3 vs 2 Watford | Birmingham City 3 vs 0 Coventry City | Ipswich Town 1 vs 1 Middlesbrough | Millwall FC 3 vs 1 Cardiff City | Leeds United 0 vs 1 Blackburn Rovers English Championship: Preston North End 0 vs 1 Norwich City | Bristol City 1 vs 1 Huddersfield Town | Swansea City 1 vs 0 Rotherham United | Hull City 3 vs 0 Queens Park Rangers | Sheffield Wednesday 1 vs 1 Stoke City | West Bromwich Albion 0 vs 1 Sunderland | Southampton 3 vs 2 Watford | Birmingham City 3 vs 0 Coventry City | Ipswich Town 1 vs 1 Middlesbrough | Millwall FC 3 vs 1 Cardiff City | Leeds United 0 vs 1 Blackburn Rovers Weather: Katima Mulilo: 18° | 33° Rundu: 17° | 34° Eenhana: 23° | 35° Oshakati: 24° | 34° Ruacana: 23° | 36° Tsumeb: 19° | 32° Otjiwarongo: 17° | 32° Omaruru: 15° | 33° Windhoek: 13° | 29° Gobabis: 16° | 32° Henties Bay: 14° | 21° Wind speed: 22km/h, Wind direction: S, Low tide: 04:10, High tide: 10:17, Low Tide: 16:39, High tide: 23:27 Swakopmund: 15° | 16° Wind speed: 26km/h, Wind direction: SW, Low tide: 04:08, High tide: 10:15, Low Tide: 16:37, High tide: 23:25 Walvis Bay: 14° | 25° Wind speed: 31km/h, Wind direction: S, Low tide: 04:08, High tide: 10:14, Low Tide: 16:37, High tide: 23:24 Rehoboth: 13° | 31° Mariental: 14° | 30° Keetmanshoop: 16° | 30° Aranos: 16° | 32° Lüderitz: 13° | 28° Ariamsvlei: 16° | 30° Oranjemund: 13° | 23° Luanda: 26° | 29° Gaborone: 15° | 23° Lubumbashi: 15° | 25° Mbabane: 13° | 20° Maseru: 11° | 17° Antananarivo: 14° | 18° Lilongwe: 15° | 25° Maputo: 19° | 26° Windhoek: 13° | 29° Cape Town: 18° | 25° Durban: 18° | 25° Johannesburg: 13° | 21° Dar es Salaam: 23° | 25° Lusaka: 15° | 27° Harare: 13° | 26° Economic Indicators: Currency: GBP to NAD 23.61 | EUR to NAD 20.2 | CNY to NAD 2.62 | USD to NAD 18.99 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.75 | ZWL to NAD 0.04 | BRL to NAD 3.65 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.51 | USD to AOA 832.82 | USD to BWP 13.85 | USD to EGP 48.5 | USD to KES 130.98 | USD to NGN 1138.13 | USD to ZAR 19 | USD to ZMW 25.05 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74518.63 Down -1.05% | Namibian Stock Exchange (NSX) Overall Index 1551.69 Down -0.27% | Casablanca Stock Exchange (CSE) MASI 13372.72 Up +0.24% | Egyptian Exchange (EGX) 30 Index 29616.47 Up +3.90% | 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 - 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$ 2 371.55/OZ DOWN -0.0044 | Copper US$ 4.27/lb DOWN -0.0177 | Zinc US$ 2 751.90/T DOWN -1.6% | Brent Crude Oil US$ 89.94/BBP DOWN -0.0088 | Platinum US$ 959.86/OZ DOWN -0.0127