From left to right: Revonia Job: Group Corporate Social Investment Manager – FirstRand Namibia, Heinrich Amushila – Shack Dwellers Federation of Namibia, Alina Amushila- Ohorongo Cement, Rozina Jacobs – FNB Home Loans National Sales Manager, Gert Burger – Pupkewitz Mega Tech, Ronnie Hochobes – Shack Dwellers Federation of Namibia, Edith Mbanga – Shack Dwellers Federation of Namibia.Photo Contributed
From left to right: Revonia Job: Group Corporate Social Investment Manager – FirstRand Namibia, Heinrich Amushila – Shack Dwellers Federation of Namibia, Alina Amushila- Ohorongo Cement, Rozina Jacobs – FNB Home Loans National Sales Manager, Gert Burger – Pupkewitz Mega Tech, Ronnie Hochobes – Shack Dwellers Federation of Namibia, Edith Mbanga – Shack Dwellers Federation of Namibia.Photo Contributed

Corporates inject N$2M into housing development

To the Shack Dwellers Federation
Pupkewitz Foundation donated N$ 1 million, while Ohorongo Cement and FNB Namibia through the FirstRand Foundation Trust donated N$ 500 000 each.
Staff Reporter
In an event reaffirming their strong seven-year partnership, the Pupkewitz Foundation, Ohorongo Cement and FNB Namibia through the FirstRand Foundation Trust, collectively handed over N$2 million to the Shack Dwellers Federation of Namibia for the construction of 12 houses in Rupara, 22 in Divundu and 11 in Gobabis.

Pupkewitz Foundation donated N$ 1 million, while Ohorongo Cement and FNB Namibia through the FirstRand Foundation Trust donated N$ 500 000 each.

Since 2016, the Shack Dwellers Federation has constructed over 395 houses with funding from the above-mentioned partners.

Handing over the donation, FNB Home Loans National Sales Manager Rozina Jacobs emphasised the importance of projects and initiatives that contribute to the provision of affordable housing to Namibians nationwide.

“This partnership ensures that our people have access to the most basic human right. By providing housing, the partnership has helped to reduce homelessness, improve health and safety, and support economic development. The success of this project ultimately demonstrates that it is possible to make a difference through collaboration and innovation,” she said.

Ohorongo Cement CSI Representative Alina Nelenge said: “We believe that, with combined resources we can achieve more, and by partnering with the FirstRand Foundation and the Pupkewitz Foundation we are doing exactly that. We make a difference where it mattes the most and instead of trying to run independent initiatives, we remain committed to this valuable partnership, as we trust that through the partnership contribution, many Namibians will be supplied with decent and affordable housing."

Furthermore, Pupkewitz Foundation representative from Pupkewitz Megatech, Gert Burger added that access to quality housing has the ability to transform neighbourhoods and also connect residents to critical amenities, build stronger social cohesion in communities and create pathways to education and economic opportunity.

“Each dollar invested in affordable housing boosts local economies by leveraging public and private resources to generate income, adequate job creation and retention, financial stability, security, improves the quality of life of residents by leading to better health and population diversity,” he said.

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Namibian Sun 2024-05-13

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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$ 2 337.46/OZ DOWN -0.0098 | Copper US$ 4.72/lb UP +2.56% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.71/BBP UP +0.83% | Platinum US$ 1 001.03/OZ UP +0.79% Sport results: Premier League: Manchester United 0 vs 1 Arsenal | Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe | Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas | Deportivo Alaves 2 vs 2 Girona SerieA: Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli | AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna | Frosinone 0 vs 5 Inter Milan European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 16° | 32° Rundu: 16° | 32° Eenhana: 15° | 34° Oshakati: 17° | 33° Ruacana: 18° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 16° | 30° Windhoek: 13° | 26° Gobabis: 14° | 26° Henties Bay: 15° | 26° Wind speed: 20km/h, Wind direction: S, Low tide: 12:49, High tide: 06:50, Low Tide: 01:42, High tide: 19:35 Swakopmund: 15° | 19° Wind speed: 20km/h, Wind direction: SW, Low tide: 12:47, High tide: 06:48, Low Tide: 01:40, High tide: 19:33 Walvis Bay: 15° | 29° Wind speed: 26km/h, Wind direction: SW, Low tide: 12:47, High tide: 06:47, Low Tide: 01:40, High tide: 19:32 Rehoboth: 15° | 28° Mariental: 17° | 30° Keetmanshoop: 21° | 31° Aranos: 17° | 29° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 28° Luanda: 25° | 27° Gaborone: 15° | 26° Lubumbashi: 14° | 28° Mbabane: 13° | 21° Maseru: 8° | 23° Antananarivo: 14° | 22° Lilongwe: 15° | 27° Maputo: 18° | 26° Windhoek: 13° | 26° Cape Town: 17° | 24° Durban: 17° | 25° Johannesburg: 14° | 21° Dar es Salaam: 24° | 31° Lusaka: 16° | 27° Harare: 13° | 25° Economic Indicators: Currency: GBP to NAD 23.01 | EUR to NAD 19.81 | CNY to NAD 2.54 | USD to NAD 18.37 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.57 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.96 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47 | USD to KES 130.23 | USD to NGN 1439.8 | USD to ZAR 18.37 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78464.25 Up +1.19% | Namibian Stock Exchange (NSX) Overall Index 1754.6 Up +1.22% | Casablanca Stock Exchange (CSE) MASI 13527.01 Up +0.36% | Egyptian Exchange (EGX) 30 Index 25155.92 Down -3.26% | Botswana Stock Exchange (BSE) DCI 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$ 2 337.46/OZ DOWN -0.0098 | Copper US$ 4.72/lb UP +2.56% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.71/BBP UP +0.83% | Platinum US$ 1 001.03/OZ UP +0.79%