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Morning Newspaper

UPDATE FAQ JUL 2023

Frequently Asked Questions:


Update - 14 July 2023


- Under which municipality does Bakersville fall?

Bakersville is a development of a private settlement on private land and does not fall under

the jurisdiction of any other local authority. Bakersville will do all necessary to follow the

regulatory requirements of Namibia, and wishes to develop sound relationships with its

neighbour local authorities.


- What is the estimated price that a vacant stand of average size would cost in Nevdale once

serviced?

Estimated to be between NAD 125,000 to NAD 175,000


- Is interest charged on the cost related to the reservation of a portion?

No


- Is interest charged on outstanding monthly payments?

No (if such appeared on invoices/statement, it is to be ignored)


- Do Nevdale/Bakersville consultants do door-to-door call?

No authorized person, on behalf of Bakersville Township Development (Pty) Ltd, a registered

Namibian company, do door to door solicitation.

Furthermore, the names and details of authorized consultants are available on the

Bakersville website, www.bakersvillenamibia.com and on its Facebook page. In cases of

uncertainty, ask for an identification from the person or write to

legal@bakersvillenamibia.com


- How do I need to do my payments?

You select, at the beginning of your term, how you want to make payment, whether all at

once or in any selected consecutive monthly payments but not less than 30 equal payments

over 30 months. (For example: If the total cost is NAD 50000, then you can pay all at once, or

in any other multiple as long as it is monthly consecutively such as NAD 25,000 over 2

months, NAD 5,000 over 10 months but not less than NAD 1666.67 per month over 30

months. You cannot pay NAD 5000 now and then be quiet for four/five/six months and

suddenly make another. It will cause an administrative nightmare and you will be issued with

appropriate communication.


- What is the preferred monthly payment method?

Monthly payments (over 30 months) can be made:

ï‚· By EFT to the account number as reflected on the Reservation Agreement

ï‚· By Bank Stop Order (where you give your bank the instruction to monthly make the

payment out of your account)

ï‚· Cash deposits

NB: In all instances, please use your NEV- member/account number as the

reference.


- When do I need to make my monthly payments?

Before the end of the month. (Bakersville allows you to do it earlier if you so wish, but also

allows receipt of funds up to the 3rd of the next month – the reason being that some stop

orders that are deducted on the 30th will only appear in the company’s account 3 days later).


- What is the issue with the invoices and statements?

The volume of work required Bakersville to implement a new operational system a few

months ago which is also integrated with its accounting system. With the conversion from

the old method (Excel) to the new system, some irritating issues crept in, and everything had

to be re-entered by hand. However, an accounting team was employed to help sort out all

the niggly issues and to take charge of both the accounting and operational platforms. A

huge amount of work had already been completed and we trust to have all the rest sorted in

the next month or so. We profoundly apologize for the inconvenience this may have caused

and thank all clients for their patience and assistance.

In future a statement reflecting all the payments made, as well as the outstanding balance

will be issued monthly. This will eliminate any confusion with respect to payments made

(or not made) and how much is still outstanding on each account.

Any client not receiving a statement must please communicate to

debtors@bakersvillnamibia.com urgently!


- When do they begin with the groundwork?

Due to the enormity and scope of the development and project(s) within Bakersville as well

as the effect of a magnitude of external factors, it is a challenge to predict accurate dates and

time frames at this stage. However, the first focus/aim is to finalize the aspects that would

affect the Nevdale development project and the power and water supply for the bigger

Bakersville. The solar power supply predictions suggest a 18/24-month period for it to be

completed. Furthermore, engineers, architects, and other specialists are also hard at work to

the preparing of the eustatic requirements and construction specifications. These are

required to be approved by authoritative bodies before going out on tender and prior to

appointing civil construction and other development companies.

As soon as clearer timelines are available, these will be communicated.



Customer Support and General Inquiries

Contact us at: info@bakersvillenamibia.com

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BAKERSVILLE NAMIBIA

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BAKERSVILLE TOWNSHIP DEVELOPMENT (PTY)LTD

Registration No: 2023/0307

P.O Box 1101,

Walvis Bay 13013,

Khomas Region

 Namibia

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Terms and Conditions Apply (T&C's)

NAMIBIA GMT + 2

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