🚨𝐏𝐑𝐎𝐌𝐎𝐓𝐄𝐃 𝐓𝐎 𝐏𝐑𝐄𝐌𝐈𝐄𝐑 𝐋𝐄𝐀𝐆𝐔𝐄!🔥
Kefas Kamanya United Football Club from Nkurenkuru, well know as KK United FC, are promoted to the Namibia Premier Football League for the first time in their history, beating Unam Rundu Campus FC 4-0 in their final game of the season to win the North East Stream First Division.
Congratulations to the Nkurenkuru boys!🥳
Boys trips are very important, okes. Try and have those on a regular… good being with the hommies on vacation just having fun and talking kak. Don’t be trapped by y’all gweriness.
The Capricorn Property Fund @GroupCapricorn returned 40.82% over the past year, which is incredible for investors. However, the real story is not just the recent performance, but the consistency over time. Three years ago, the fund was delivering 24.98% annualised returns, and over five years it has achieved 19.64% per year. Since its inception in 2009, it has averaged 10.06% annually, showing that this is not just a short-term spike but a fund with a long-term track record.
What is driving this performance is largely the recovery and resilience of the listed property sector. The fund is heavily exposed to property assets, particularly retail, which makes up about 61% of the portfolio, along with industrial, office, and logistics holdings. As interest rates begin to stabilise, retail activity improves, and demand for logistics and storage continues to grow, property companies start performing better.
To make this practical, the minimum investment into this fund is N$75,000. If an investor had put in N$75,000 when the fund started in 2009 and simply left it to compound at an average of around 10.06% per year, that investment today would be roughly in the range of N$330,000 to N$350,000, before fees. That alone shows the impact of long-term investing.
Now, if we take it a step further and assume that same investor added N$1,000 every month consistently since 2009, the outcome becomes even more powerful. With compounding over that period, the portfolio could realistically be sitting somewhere between N$800,000 and N$1,000,000+ today. This is where real wealth is built not from once-off investing, but from consistency over time.
That being said, it is important to understand that this is a property fund, not a savings account. It comes with volatility. The fund has experienced a worst one-year return of -52.12%, which highlights that markets do move up and down. This is why a long-term mindset is critical when investing in assets like this.
This is not financial advice nor a sponsored post.
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CHAOS: Ministers Sanet Steenkamp and Esperance Luvindao, and other Swapo lawmakers such as Sharonice Busch, Marlyn Mbekera and Clemencia Coetzee, this afternoon walked out of parliament in protest of perceived racist and xenophobic remarks directed at education deputy minister Dino Ballotti by Nudo’s sole representative in the house, Vetaruhe Kandorozu. Steenkamp burst into tears as her deputy - Ballotti - who was subjected to Kandorozu’s remarks, and her own citizenship thrown into question.
Video courtesy of NBC