Dundee helps employees acquire NHE houses at Tsumeb

12 Apr 2014 13:40pm
TSUMEB, 12 APR (NAMPA) – Sixty-five employees of Dundee Precious Metals in Tsumeb received brand-new houses here on Thursday.
“This is a proud moment for all of us, and everyone here is a winner today,” said Dundee Precious Metals’ Vice-President Hans Nolte during the handing-over ceremony.
Dundee Precious Metals is a Canadian-owned company which acquired the Tsumeb Copper Smelter Mine from Weatherly Mining International Company in 2010.
Nolte said his company purchased a residential piece of land in Kivukiland from the Tsumeb Municipality in 2013 with the plan of partnering with the National Housing Enterprise (NHE) to build houses for Dundee Precious Metals’ employees.
Nolte said his company also paid for the construction of streets, installation of water, electricity and sewerage services at this piece of land, at a total cost over N.dollars 15 million.
The 65 employees of Dundee Precious Metals who received houses here on Thursday also signed a housing loan contract for their houses with the NHE.
The employees are expected to pay “reasonable” monthly installments for their houses to NHE for the next 20 years.
Nolte said his company will continue to build more houses for its employees in the next two years through the NHE.
He said Dundee Precious Metals will build close to 100 houses in the next two years in order to assist some of the workers who have experienced some difficulties in obtaining home loans from commercial banks.
Some of the new homeowners told Nampa shortly after receiving the keys to their houses that Dundee Precious Metals has assisted them a lot.
Kyllikki Shangula, a skills’ facilitator at Dundee, has been renting accommodation in Tsumeb for the past 10 years.
“Now that I have my own house, I feel happy and I thank Dundee Precious Metals for investing in me,” she said.
Dundee’s Health and Safety Administration Officer, Mathilde Matheus said it had been difficult for her to acquire a house over the past 10 years.
“I don’t know how to describe this joy. I have been waiting for it for a long time and now the dream has come true,” she said.
Tsumeb Mayor Linekela Shetekela and Tsumeb Constituency Councillor Lebbius Tobias were also present at the handover ceremony.