Complex sentence: Upon the Independence of Namibia from South Africa, WMF was taken over by the Government of Namibia in 1998 and has become a wholly owned subsidiary of the August 26 Holding Company (Pty) Ltd, a part of the Namibian Defence Force or NDF.
Split into simpler sentences: Upon the Independence of Namibia from South Africa, WMF was taken over by the Government of Namibia in 1998. WMF is as a wholly owned subsidiary of the August 26 Holding Company (Pty) Ltd, a part of the Namibian Defence Force or NDF.