Telecom Namibia, with an investment of over N$148 million in fiber deployment, hopes to accelerate the roll out of fiber to pass and connect thousands of homes, improving the coverage of their existing 10,676 km (65.2% of national coverage) national fiber backbone. 

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The Bank of Namibia (BoN) is planning to establish a branch in the southern part of the country to support stakeholders with applied research following the introduction of the Green Hydrogen initiative, Neckartal dam irrigation project and oil discoveries, The Brief can reveal.

Investing in property is easier than you think with the right plan and financing. If you're starting your property investment journey and don't know where to begin, here are three factors to look at in terms of a residential property:

1) Ascertain your rental yield 


Rental yield is the amount of money you make on an investment property by measuring the gap between your overall costs and the income you receive from renting your property. Understanding how property yield works gives you a better idea of the ongoing return you will earn on your investment. It can also be helpful when it comes time to review the rent on an investment property. When you know the rental yield of a property, you’re also better placed to understand if it is the right place for your investment goals, or if you could earn a higher rental yield with a different property or by investing in another suburb or town.

2)Location

Identical homes can increase or decrease in value due to location. Location affects not only the price but also the home's desirability. Where a home is located is a key factor affecting its value — both now and in the future. Buyers are often more interested in the house or the floor plan, but from an investment standpoint, finding the best location should be a top priority.

Therefore, I strongly recommend one invests one's hard-earned money only in the property with the best location. Look for properties near the city centre as that’s where most young professionals want to live or nearby amenities such as schools, malls etc. Because it will always be Location, Location and Location.

3)Buying structures (Full title or Sectional title) 


Sectional titles (apartments, townhouses etc.) are less expensive than full titles (free-standing homes). However, it all depends on the location and specs of the property. Some tenants prefer a sectional title for security, especially if the property remains unoccupied for a prolonged period. And others prefer free-standing properties for more privacy. Also, consider additional costs such as corporate fees when investing in a sectional title. 

The above three, in my opinion, are the top factors to consider when purchasing an investment property. Ascertaining the rental yield, location and type of property will ensure that you invest in a good property with a good ROI.

For enquiries Text, Call or email #yourhomegirl Justina Hamupembe

Cell: +264812726001

Email. This email address is being protected from spambots. You need JavaScript enabled to view it. 

Namibia Wildlife Resorts (NWR) on Friday engaged various stakeholders to explain how the hospitality firm is addressing issues of dilapidating buildings and poor services at its vacation areas.

Trustco Group Holdings says it has lodged an urgent appeal with the courts, seeking relief against a planned suspension of its listing on the Johannesburg Stock Exchange (JSE) after the Financial Services Tribunal dismissed its application.

Canadian gold miner B2Gold has lowered the annual production guidance for its Otjikoto mine in Namibia to an average of 170 000 ounces from an average of 180 000 ounces.

Namibia’s looming mandatory mobile SIM card registration requirements will enable the country to finally implement telecommunications number portability, two years after publishing the regulations, the Communications Regulatory Authority of Namibia (CRAN) has said.

Agribank and the Namibia Biomass Industry Group (N-BiG) have signed a 5-year Memorandum of Understanding to cooperate in the development and amendment of financing products aimed at scaling-up projects in bush control and biomass utilization, as well as the sharing of data required to develop loan products that are responsive to market needs.

Hartlief Corporation is on the hunt for new market opportunities after it started exports to Botswana, with Angola exports at an advanced stage. 

Mines and Energy Minister Tom Alweendo has come out in defence of the National Petroleum Corporation of Namibia (Namcor), arguing there was nothing illegal about the state owned company’s involvement in fuel retailing. 

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