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Capricorn Group provides assistance to vulnerable children

Capricorn Group provides assistance to vulnerable children

The Capricorn Foundation has donated N. dollars 246 000 to Christ's Hope International Namibia, an organisation dedicated to helping orphaned and vulnerable children affected by AIDS and poverty. In a media statement issued on Thursday, the bank stated that while 400 children are currently registered with Christ's Hope International Namibia, the program hopes to increase this number to 900 by 2025 due to the increased effects of COVID-19 on HIV-affected households, leaving more children orphaned. By attending an afterschool program at 'care point' structures near their school and home, the children benefit from a holistic care model. According to Hannelie Turner, Country Team Leader for Christ's Hope International Namibia, locally employed caregivers care for the children by preparing warm meals, assisting with homework and engaging the children in activities and programs that support their focus on physical, intellectual, emotional, community, and spiritual development. Christ's Hope International monitors all activities and...
Windhoek Bowling Club back on the green for Annual Club Singles Competition

Windhoek Bowling Club back on the green for Annual Club Singles Competition

On the weekend of 14 and 15 August 2021, the Windhoek Bowling Club held its Annual Club Singles Competition. Members were excited to be back on the green after the easing of lockdown restrictions allowed for more than 10 people to gather for non-contact sports. After a full weekend of tight games, the winner of the men’s division was Jessaya (Jessie) Mweshipopya, with Mike Rumsey as runner-up. In the women’s division, Margie Stainton emerged as the winner, with Truda Meaden as runner-up. The winners will participate in the Namibia Bowling Association's Champion of Champions, to be held on 10 and 11 October 2021 at TransNamib Bowling Club. They will compete against the reigning male and female champions from other Windhoek, Tsumeb, and Coastal bowling clubs. Windhoek Bowling Club is the oldest bowling club in the country. Its well-kept greens and cozy clubhouse have had their home at Parliament Gardens since...
Bank Windhoek welcomes nine graduate trainees

Bank Windhoek welcomes nine graduate trainees

Bank Windhoek's Graduate Development Programme (GDP) welcomed nine inductees. Launched in 2020, the Bank’s GDP offers graduates an 18 months on-the-job-training opportunity in preparation for permanent employment. With inclusivity and diversity as the main central themes, the Programme recruits graduates from diverse backgrounds, including those living with disabilities. The Bank’s Executive Officer of Human Capital, Retuura Ballotti, said that the primary purpose of the Programme is to develop the graduates, involve them in projects relevant to their assigned departments, and potentially place them in a permanent role at the Bank in the future. During the selection process, the final group of graduates was subjected to a rigorous recruitment process. They were selected from over 3 000 applicants, including those from the Bank’s recruitment system and those provided by the Ministry of Labour, Industrial Relations, and Employment Creation. “After screening and vetting their qualifications, the applicants went through intense psychometric assessments....
GIPF trailblazing in the Namibian Gypsum industry

GIPF trailblazing in the Namibian Gypsum industry

The Government Institutions Pension Fund (GIPF) is proud to announce its pioneering investment of N$21 million into Namibian Gypsum Industries. Located in the town dubbed as the “Uranium Capital of the World”, Arandis in the Erongo Region, the project falls within GIPF’s Unlisted Investment Portfolio, through the investment fund manager, Boabab Capital. The production of gypsum will commence towards the end of August 2021. Established in 2018, Namibian Gypsum Industries’ factory, alone occupies approximately 6 000 squares of land and has closed a void in the industry by adding value to raw gypsum, by manufacturing dry walls and ceiling boards. Currently, all ceiling boards used in Namibia have been imported, but that will soon change. Besides the Namibian Gypsum Industries Factory supplying their products locally, the biggest gypsum market is in South Africa, where the factory plans to export their products. The Factory also plans to export to the rest...
September is Childhood Cancer Awareness Month

September is Childhood Cancer Awareness Month

Spring is in the air because September is nearly there – and for the Cancer Association of Namibia (WO30) this means childhood cancer awareness month. Yes, children get cancer too! Childhood forms of cancer affect an average of 5 Namibian families every week as the news of a new diagnosis is communicated. And, during September our cancer registry department will share statistics, cancer types and information tips on childhood cancer - all in an attempt to help create awareness of the disease and hopefully to help prevent childhood mortality due to cancer. We’ve also been busy with a big renovation project of the children’s cancer ward of Windhoek Central Hospital, partnering with amazing donors to execute this project of hope, and we will officially be “handing over” the ward back to the Ministry of Health and Social Services during the first week of September. Take hands with the Cancer Association...
MultiChoice Namibia partners with NamiGreen for E-waste disposal

MultiChoice Namibia partners with NamiGreen for E-waste disposal

As a responsible corporate citizen, MultiChoice Namibia recently collaborated with NamiGreen to discard electronic waste (or e-waste) material. This smart partnership supports the endeavors of both institutions to support communities, by committing to a healthier and greener environment. The intention is to recycle e-waste materials that are no longer being used and electronic equipment that reached the end of its lifespans, such as DStv and GOtv decoders. NamiGreen also processes computers, monitors, printers, and other electronic equipment that do not dispose of easily. “At MultiChoice Namibia, we frequently evaluate the impact of our business operations to prevent the release of unwanted materials into the environment. Over the years, we have adopted several initiatives to ensure that our working territories are eco-friendly and by partnering with NamiGreen, the e-waste bins will be present at all our branches, namely Eros, Katutura, Ongwediva, and Swakopmund, including our 13 agents across Namibia,” says Roger...
Bank Windhoek supports a coastal Covid-19 Task Force 

Bank Windhoek supports a coastal Covid-19 Task Force 

Bank Windhoek announced that it had assisted Ciske’s Covid-19 Task Force in the fight against the Covid-19 pandemic in the Erongo Region. Ciske’s Task Force is an initiative by the Erongo Regional Council Chairperson, Ciske Howard. The Task Force comprises doctors and nurses who volunteer their services in Walvis Bay, Swakopmund, and Henties Bay. Howard thanked the Bank for the sponsorship and said that the Task Force would use the money to purchase food items for community members impacted by the pandemic. “Swakopmund residents have suffered severely with not just Covid-19 challenges, but also the lockdowns and lack of tourists,” said Howard. She added that in her capacity as a Swakopmund Constituency Councillor, she felt that it is her responsibility to see to it that community members receive help during these challenging times. “Bank Windhoek’s sponsorship makes a massive difference, and we are grateful,” said Howard. The Bank's Executive Officer...
Standard Bank donates to aid Tsumkwe

Standard Bank donates to aid Tsumkwe

Standard Bank Namibia through its continued partnership with the Africa Group Heads of Mission has donated building materials worth more than N$150 000 to support the agricultural development for an Integrated community-based food system that aims to bring food security in Namibia in Tsumkwe East and West. The donation forms part of the Bank’s commitment to enhance society and empower local communities through corporate social investment programmes. At the handover ceremony, Standard Bank’s Head: Branding and Marketing Magreth Mengo said “it is in our communities where dreams are sparked and seeds of greatness are sown and nurtured.” Standard Bank as the main sponsor has partnered with the Africa Group to fund the project in Tsumkwe. These projects provide a great opportunity to empower and impart sustainable skills to communities. The San Community in Tsumkwe was identified as a community which needs assistance. “This is never clearer than today when we...
Nedbank Launches much anticipated Private Banking Offering to Young Professionals

Nedbank Launches much anticipated Private Banking Offering to Young Professionals

Nedbank Namibia launched its new Private Banking Offering which is specifically geared towards young professionals. The launch took place via a live event on the Nedbank Namibia Facebook page, and gave an opportunity to a diverse panel of young Namibian professionals to speak about their current professions and “side hustles”, and further discussed how they aspire to reach greater heights as well as the challenges they face in the wake of the global pandemic. In these increasingly complex and uncertain times, Nedbank continues to integrate inclusivity into its operations in order to improve and expand opportunities for young professionals. Speaking at the event, Nedbank Head of Private Banking, Liezl Brockerhoff said, “We would like to be a part of the Namibian young professional’s journey, by making their aspirations to financial prosperity a smooth-sailing experience and assisting them early in their careers with understanding how they can manage their financial resources.”...
Capricorn Foundation supports pre-schools in informal settlements

Capricorn Foundation supports pre-schools in informal settlements

During the lockdown, Capricorn Group and its subsidiary company Entrepo Holdings, through their corporate social responsibility vehicle, The Capricorn Foundation, partnered with Step out of Poverty through Education, Encouragement and Support (S.P.E.S.) charity to improve the lives of vulnerable children. The impact of Covid-19 has exacerbated educational challenges across the country. The effect has put even more pressure on pre-schools in the informal settlements of Okuryangava, Havana, Hakahana, Otjomuise, Greenwell Matongo, and Katatura, where S.P.E.S. charity operates. The charity has been involved in the communities for over 14 years and supports 25 informal pre-schools, nearly 1700 children, and 80 teachers. These children grow up in circumstances shadowed by multidimensional poverty, hopelessness, abuse, and neglect. The pre-schools, usually reliable on sponsored resources, experienced a scarcity of resources for both children and teachers in the community. That is why the Capricorn Foundation has contributed N$240 000 towards the S.P.E.S. The charity Relief...
Wtach Namibia Rise at #Tokyo2020

Wtach Namibia Rise at #Tokyo2020

With the Tokyo Olympics in full swing, MultiChoice Namibia is delighted to showcase Namibian athletes through the dedicated SuperSport channels. Airing every medal event live, SuperSport’s coverage of the Olympic games will include eight 24-hour channels on DStv and for the first time ever, GOtv will dedicate four channels to the Olympics, including the opening and closing ceremonies as well as 24-hour Olympic news and highlights. “We are excited for our athletes and are in full support of watching them go for gold,” says MultiChoice Namibia Managing Director, Roger Gertze. “In our local campaign, we featured Namibian athletes to bring it home and create a connection to Namibian supporters. Our aim is to encourage the athletes in their respective sports codes.” Prior to our golden girls Beatrice Masilingi and Christine Mboma departing to Tokyo, MultiChoice Namibia met with the athletes for an exclusive interview for our vodcast The Digital Dish....
Heeding the call during challenging times

Heeding the call during challenging times

Bank Windhoek's Human Capital Department donated essentials to the Katutura State Hospital’s Paediatric ward in Windhoek. The donations included a hot water urn, a glucometer and test strip kit, bathing necessities, winter clothing, diapers and wipes, toys and children's books. Bank Windhoek’s Executive Officer of Human Capital, Retuura Ballotti, said as connectors of positive change, Corporate Social Responsibility is at the heart of the Bank's existence. “We extend our community care by donating to the Katutura State Hospital’s Paediatric ward in response to their identified needs.” The Katutura Paediatric ward cares for 55 infants, children, and adolescents from birth up to the age of 18. Doctor Justina Elago, who received the donation on behalf of the Ministry of Health and Social Services, thanked the Bank for the gesture and said that the assistance would support the ward during these challenging times. The Bank's Human Capital staff members also handed over...
Entrepreneurship eradicates poverty

Entrepreneurship eradicates poverty

The Olafika SME Development & Mentorship Programme is a structured Mentorship Programme designed to equip entrepreneurs with the necessary knowledge and skills needed for business success. The Programme is in partnership with the Namibia Diamond Trading Company, Konrad- Adenauer- Stiftung, African Leadership Institute, Ministry of Rural & Urban Development, Twapewa Kadhikwa Institute of Entrepreneurship & SME Development. The Instagram live was hosted by Belinda M, who is from Olafika SME Development & Mentorship Programme Team and had Ms. Claudia Gossow- Programme Manager at Konrad Adenauer Stiftung (KAS) and Risto Ashikoto- Olafika Class of 2021 student, is the CEO of Namaloevera. The discussion kicked off with the disturbing headline from The New Era titled, Youth unemployment expected to reach 50%. Most of the young people have lost hope in themselves and this has been mostly due to the worldwide pandemic Covid 19 which has caused many economies to collapse. The only...
Banking industry to launch a new electronic funds transfer system called Nampay

Banking industry to launch a new electronic funds transfer system called Nampay

A new Electronic Funds transfer system has been gradually introduced into the Namibian market, with all stakeholders in the banking industry collaborating on the wide-ranging impacts, which stand to benefit banking clients. The Bank of Namibia (“BON”), in collaboration with the Payment Association of Namibia, and in partnership with the banking industry has been spearheading the initiative, which is referred to as NamPay. NamPay comprises three new payment streams, namely an enhanced debit orders system called EnDO, an enhanced credit payments system called EnCR, as well as a near-real-time credit payment system referred to as NRTC. Speaking about the new electric fund's transfer system, Bankers Association of Namibia CEO, Brian Katjaerua said, “NamPay is being introduced in terms of the law, to ensure that Namibia’s national payment system remains on par with international standards, and will replace the electronic fund's transfer system currently being used, ultimately transforming electronic fund transfers...