P13 05072017

THE NAMIBIAN Wednesday 5 July 2017
13
WORK ... Myanmar
migrant workers sort
shrimp at a wholesale
market for shrimp and
other seafood in Mahachai,
in Samut Sakhon
province, Thailand on
4 July.
Nampa-Reuters
NCCI wants state-of-the-art
mall in Katutura
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News Briefs
Commodities
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04 July 2017
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• NDAMA NAKASHOLE
THE Namibia Chamber of Commerce and
Industry wants a state-of-the-art mall in
Windhoek’s Katutura area.
This is one of the projects the chamber
requested the city to undertake in their
2017/18 budget.
In a letter addressed to the city’s chief
executive officer Robert Kahimise and
titled “Contributions towards the City of
Windhoek’s budget for the 2017/18 financial
year”, the NCCI’s chief executive officer
Tarah Shaanika said townships in Windhoek
are only afforded small low-level shopping
malls with no attraction whatsoever, “and
only have the traditional shops with no new
innovative ideas to a shopping pleasure for
the inhabitants of the township.”
“This is a great capital project that can
employ hundreds of Namibians, and retain
another few hundred through employment
after completion and commencement of
business,” he said.
Shaanika added that it is known that the
acquisition of business and residential land
is a huge bone of contention.
SME DEVELOPMENT BUDGET
The chamber further demanded an SME
development budget in the city’s planning.
The introduction of this budget can be in
the form of grants that would enable SMEs
to grow.
“Enterprise development programmes
that we are currently implementing at the
NCCI will be rolled out in townships and
other areas to provide the much-needed assistance,”
he noted.
Shaanika said they would roll this out to
other towns should the City of Windhoek
partner the NCCI.
Tarah Shaanika
“This type of partnership will afford SMEs
the opportunity to grow through mentorship
and training programmes. This type of grant
can be as little as N$500 to buy raw materials
to bake, cook or mend clothes,” he added.
The chamber further demanded that the
city expands the loading and offloading bays
at taxi ranks.
They would also like the city to consider
establishing this at educational institutions,
like the International University of Management.
“The transport system should be expanded.
It is very important to expand,” he said.
The NCCI further suggested that the
city’s budget should include provisions for
water infrastructure development, human
resources allocations to advance water
management, and infrastructure to promote
environmental preservation.
Before Taking an Expat
Assignment, Make Sure
Your Family Is on Board
Getting an expat assignment can be
exciting, but it can also be hard on your
family. Before accepting a temporary
reassignment to another country, think
it through with your partner or family.
Be sure to frame the decision as a real
choice –Should we go or stay? And
consider the degree of change. If you
live in Amsterdam, relocating to Brussels
is very different from moving to
Guangzhou, China. Then, go through
the pros and cons of each alternative,
laying out the full implications for your
children or extended family, your career
— and your partner’s — and your
support networks. Try to anticipate and
discuss how the change would affect
family dynamics — e.g. shifting from
a dual-career marriage to one where a
spouse stays at home, or replacing a
grandmother babysitter with a professional
nanny. These discussions will
not only shape your decision about the
assignment, but also help set expectations
and prevent resentment later on.
* Adapted from “Making Your Expat
Assignment Easier on Your Family,” by
Katia Vlachos.
Source: www.lme.com
Oil prices fall ahead
of US holiday
SINGAPORE – Oil prices retreated in Asian
trade yesterday, halting a run of eight straight
days of gains on signs that a persistent rise in
US crude production is running out of steam.
Brent crude futures had fallen 28 cents, or
0,6%, to US$49,40 per barrel by 0547 GMT.
US West Texas Intermediate (WTI) crude
futures were trading down 23 cents, or 0,5%,
at US$46,84 a barrel. –Nampa-Reuters