Rundu raises over N$900 000 for 2024 trade fair

Nikanor Nangolo
The Rundu Town Council successfully raised N$941 000 in cash and in-kind pledges for its annual trade fair at a fundraising gala dinner held over the weekend.

The council recognised First National Bank of Namibia (FNB) and Namibia Berries as the principal sponsors, each contributing N$50 000, bringing the total sponsorship to N$100 000.

Several Rundu-based companies also pledged in-kind contributions.

AM Ludgelus committed N$10 000 for food and accommodation for the official opening, Mbuni Trading pledged N$3 000 for the committee’s boat cruise, the National Broadcasting Company (NBC) committed N$150 000 for live broadcasting, and 065 Lifestyle pledged N$30 000 for advertising the Rundu Annual Trade Fair.

The gala dinner saw an increase from last year’s N$349 650 in pledges, including in-kind contributions.

Speaking at the event, deputy prime minister John Mutorwa said: “It is a mission-driven initiative aimed at empowering our communities through education, economic upliftment and sustainable development. We believe that every individual possesses the potential to make a positive contribution to society when equipped with the right opportunities and resources. Our mission is clear: to create an environment where every person can thrive,” Mutorwa said.

He highlighted that the Rundu Annual Trade Fair has become a cornerstone of the region, serving not only as a platform for local businesses but also as a testament to the vibrant entrepreneurial spirit flourishing within the community.

Growth

Mutorwa noted that the trade fair has seen remarkable growth, attracting exhibitors from diverse sectors such as agriculture, manufacturing, tourism and technology.

“This progress is a testament to Namibia’s success in promoting business trade and fostering cooperation among nations,” he said.

Rundu mayor Gabriel Kanyanga expressed gratitude for the support, noting that the funds raised will be instrumental in supporting critical projects aimed at enhancing the town’s infrastructure, improving public services and fostering economic development.

“Together, we can create a brighter future for all residents of Rundu. The town has always been known for its vibrant community spirit, which drives us to come together in times of need and work collaboratively toward common goals," he said.

"I am continually inspired by the dedication and resilience shown by each one of you. Your willingness to invest in our town’s future speaks volumes about your love for Rundu,” Kanyanga added.

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Namibian Sun 2024-10-08

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 621.07/OZ DOWN -0.0083 | Copper US$ 4.45/lb DOWN -0.0196 | Zinc US$ 3 096.00/T UP 0.12% | Brent Crude Oil US$ 77.90/BBP DOWN -0.0457 | Platinum US$ 953.67/OZ DOWN -0.0177 Sport results: Premier League: Brighton 3 vs 2 Tottenham Hotspur | Chelsea 1 vs 1 Nottingham Forest | Aston Villa 0 vs 0 Manchester United | Everton 0 vs 0 Newcastle | West Ham 4 vs 1 Ipswich Town | Manchester City 3 vs 2 Fulham | Leicester City 1 vs 0 Bournemouth | Brentford 5 vs 3 Wolves | Arsenal 3 vs 1 Southampton | Crystal Palace 0 vs 1 Liverpool LaLiga: Real Sociedad 1 vs 1 Atletico Madrid | Sevilla 1 vs 0 Real Betis | Deportivo Alaves 0 vs 3 Barcelona | Girona 2 vs 1 Athletic Club | Real Madrid 2 vs 0 Villarreal | Real Valladolid 1 vs 2 Rayo Vallecano | Las Palmas 0 vs 1 Celta Vigo | Getafe 1 vs 1 Osasuna | Espanyol 2 vs 1 Mallorca SerieA: Fiorentina 2 vs 1 AC Milan | Monza 1 vs 1 AS Roma | SS Lazio 2 vs 1 Empoli | Bologna 0 vs 0 Parma | Juventus 1 vs 1 Cagliari | Inter Milan 3 vs 2 Torino | Atalanta 5 vs 1 Genoa | Udinese 1 vs 0 Lecce European Championships Qualifying: Bristol City 1 vs 1 Cardiff City | West Bromwich Albion 0 vs 0 Millwall FC | Watford 2 vs 1 Middlesbrough | Swansea City 0 vs 0 Stoke City | Sheffield United 2 vs 0 Luton Town | Plymouth Argyle 2 vs 1 Blackburn Rovers | Derby County 2 vs 0 Queens Park Rangers | Coventry City 1 vs 2 Sheffield Wednesday | Portsmouth 1 vs 1 Oxford United | Norwich City 4 vs 0 Hull City | Burnley 0 vs 0 Preston North End English Championship: Bristol City 1 vs 1 Cardiff City | West Bromwich Albion 0 vs 0 Millwall FC | Watford 2 vs 1 Middlesbrough | Swansea City 0 vs 0 Stoke City | Sheffield United 2 vs 0 Luton Town | Plymouth Argyle 2 vs 1 Blackburn Rovers | Derby County 2 vs 0 Queens Park Rangers | Coventry City 1 vs 2 Sheffield Wednesday | Portsmouth 1 vs 1 Oxford United | Norwich City 4 vs 0 Hull City | Burnley 0 vs 0 Preston North End Weather: Katima Mulilo: 18° | 36° Rundu: 17° | 38° Eenhana: 19° | 38° Oshakati: 20° | 37° Ruacana: 19° | 37° Tsumeb: 21° | 35° Otjiwarongo: 17° | 34° Omaruru: 18° | 34° Windhoek: 17° | 31° Gobabis: 20° | 33° Henties Bay: 13° | 19° Wind speed: 22km/h, Wind direction: S, Low tide: 11:38, High tide: 06:00, Low Tide: 00:09, High tide: 18:07 Swakopmund: 13° | 15° Wind speed: 24km/h, Wind direction: SW, Low tide: 11:36, High tide: 05:58, Low Tide: 00:07, High tide: 18:05 Walvis Bay: 13° | 20° Wind speed: 29km/h, Wind direction: SW, Low tide: 11:36, High tide: 05:57, Low Tide: 00:07, High tide: 18:04 Rehoboth: 17° | 33° Mariental: 21° | 35° Keetmanshoop: 21° | 36° Aranos: 21° | 35° Lüderitz: 10° | 20° Ariamsvlei: 20° | 37° Oranjemund: 13° | 22° Luanda: 23° | 24° Gaborone: 18° | 30° Lubumbashi: 17° | 35° Mbabane: 13° | 28° Maseru: 13° | 27° Antananarivo: 13° | 26° Lilongwe: 19° | 32° Maputo: 18° | 30° Windhoek: 17° | 31° Cape Town: 16° | 22° Durban: 16° | 24° Johannesburg: 16° | 27° Dar es Salaam: 24° | 31° Lusaka: 18° | 32° Harare: 16° | 29° Economic Indicators: Currency: GBP to NAD 23 | EUR to NAD 19.3 | CNY to NAD 2.49 | USD to NAD 17.59 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.17 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.34 | USD to AOA 905 | USD to BWP 13.24 | USD to EGP 48.55 | USD to KES 128.5 | USD to NGN 1628.3 | USD to ZAR 17.59 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1839.33 Down -1.67% | Casablanca Stock Exchange (CSE) MASI 14019.63 Down -0.97% | Egyptian Exchange (EGX) 30 Index 30851.63 Down -3.04% | Botswana Stock Exchange (BSE) DCI 9661.12 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 621.07/OZ DOWN -0.0083 | Copper US$ 4.45/lb DOWN -0.0196 | Zinc US$ 3 096.00/T UP 0.12% | Brent Crude Oil US$ 77.90/BBP DOWN -0.0457 | Platinum US$ 953.67/OZ DOWN -0.0177