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Stephan Brückner (left), chairman of the Wolwedans Foundation, and Marlize Horn, Capricorn Foundation executive officer, at the partnership launch event in Maltahöhe. The planting of a tree symbolises the seeds of sustainability. Photo Contributed
Stephan Brückner (left), chairman of the Wolwedans Foundation, and Marlize Horn, Capricorn Foundation executive officer, at the partnership launch event in Maltahöhe. The planting of a tree symbolises the seeds of sustainability. Photo Contributed

Among others, Capricorn Foundation’s grant will allow for the establishment of a fresh produce distribution hub.

Capricorn, Wolwedans partner
Among others, Capricorn Foundation's grant will allow for the establishment of a fresh produce distribution hub.
STAFF REPORTER
The Capricorn Foundation has pledged N$1 million towards the Wolwedans Foundation's flagship initiative, RuralRevive: Building a Desert-based Economy, showcasing its dedication to economic advancement, sustainable development and the empowerment of the Maltahöhe community.

Capricorn Foundation's contribution will go towards the establishment and enhancement of six work packages, including horticulture capacity building or skills transfer, which includes setting up five small holding farmers for organic vegetable production.

In addition, it will allow for the establishment of a fresh produce distribution hub called The Barn Trading post.

This will include a customised app, a guaranteed market price stimulus to buy produce from the small holding farmers and community, an integrated waste management and recycling facility with the goal to create livelihood opportunities, as well as the EconoMix – 'Business Basics' skills transfer programme.

The latter will serve as the backbone to entrepreneurial empowerment across all RuralRevive business development projects.



Sustainable model

The RuralRevive initiative aims to build a sustainable model to strengthen the socio-ecological and economic aspects of rural communities by implementing a more inclusive, integrated and resilient economic diversification concept through the empowerment of economically marginalised women, smallholder farmers and entrepreneurs in the communities of the Maltaho¨he district of Namibia.

According to Marlize Horn, executive officer of the Capricorn Foundation, the Wolwedans Foundation’s transformative initiative and holistic approach to build a desert-based economy in the Maltaho¨he district has already recorded positive results since the initiative was started two years ago.

“By combining our resources and expertise with that of the Wolwedans Foundation, we can make a meaningful difference, contribute to positive change in the lives of rural communities, and contribute to Namibia's overall socio-economic development,” Horn said.



Challenges

“The challenges faced by rural communities are great, but with the RuralRevive initiative, we are giving the communities of the Maltaho¨he hope for the future and hopefully inspire other communities to implement similar initiatives to stimulate their local economy," she added.

The two foundations will work closely with local stakeholders, government agencies and community leaders to implement impactful projects that address the unique needs of rural communities.

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Namibian Sun 2024-04-29

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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$ 2 334.11/OZ DOWN -0.0017 | Copper US$ 4.57/lb UP +0.65% | Zinc US$ 2 915.90/T UP 2.02% | Brent Crude Oil US$ 88.38/BBP DOWN -0.0066 | Platinum US$ 931.67/OZ UP +1.99% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool LaLiga: Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 14° | 31° Rundu: 14° | 31° Eenhana: 15° | 33° Oshakati: 17° | 33° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 17° | 31° Windhoek: 14° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 24° Wind speed: 21km/h, Wind direction: W, Low tide: 12:27, High tide: 06:24, Low Tide: 01:00, High tide: 19:07 Swakopmund: 15° | 18° Wind speed: 13km/h, Wind direction: W, Low tide: 12:25, High tide: 06:22, Low Tide: 00:58, High tide: 19:05 Walvis Bay: 17° | 27° Wind speed: 22km/h, Wind direction: W, Low tide: 12:25, High tide: 06:21, Low Tide: 00:58, High tide: 19:04 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 23° | 33° Aranos: 20° | 31° Lüderitz: 18° | 28° Ariamsvlei: 22° | 34° Oranjemund: 17° | 26° Luanda: 25° | 30° Gaborone: 15° | 31° Lubumbashi: 11° | 25° Mbabane: 13° | 29° Maseru: 10° | 25° Antananarivo: 15° | 22° Lilongwe: 13° | 27° Maputo: 16° | 29° Windhoek: 14° | 28° Cape Town: 15° | 20° Durban: 19° | 32° Johannesburg: 16° | 25° Dar es Salaam: 24° | 31° Lusaka: 14° | 27° Harare: 11° | 26° Economic Indicators: Currency: GBP to NAD 23.4 | EUR to NAD 20.03 | CNY to NAD 2.58 | USD to NAD 18.7 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.98 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.88 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.69 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 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$ 2 334.11/OZ DOWN -0.0017 | Copper US$ 4.57/lb UP +0.65% | Zinc US$ 2 915.90/T UP 2.02% | Brent Crude Oil US$ 88.38/BBP DOWN -0.0066 | Platinum US$ 931.67/OZ UP +1.99%