Century worth of dedication

For 100 years the team at old Mutual Namibia have striven to ensure their customers receive the best possible products and services.
Monque Adams
Mariselle Stofberg

Yesterday, Old Mutual Namibia celebrated its 100-year anniversary while continuing to strive for excellence and quality services.

“It has not always been smooth sailing on our journey, but we continue to remain focused on what is important for our customers,” said Kosmas Egumbo, the group CEO of Old Mutual.

“A hundred years ago the doors to the first Old Mutual offices in Windhoek were officially opened. Today I can see Old Mutual has become an integral part of the Namibian family. People from all walks of life have put their trust in us to provide them with tailormade solutions for their unique needs in terms of insurance, protection, investment, savings and many other aspects,” Egumbo added.

Egumbo said that today, Old Mutual has a combined workforce of more than 900 employees, of whom more than 58% are female.

“The needs and aspirations of Namibians inspire us to continuously look for new growth opportunities for savings and investments, both within and outside Namibia. We will continue on this path of providing leading solutions; we want to remain our partners’ most trusted financial partners. The needs of our customers are constantly changing, and we make it our business to make sure we stay relevant and updated on what our customers need,” he added.

Ian Williamson, the Group CEO of Old Mutual Limited, mentioned the commitment of Old Mutual to its customers, especially during 2020.

“This past year has been extremely difficult, but the team of Old Mutual has yet again proven their resilience. During an interesting discussion I recently had, we spoke about how brands that are able to reach 100 years are able to adapt, survive and thrive, and this has been evident in the success of Old Mutual Namibia,” said Williamson.

“I wish to congratulate Old Mutual on this milestone. A hundred years of successful business is a commendable achievement that speaks to a well-thought-out business vision, skilful business management and perseverance. Business management and the business environment has gone through a transformation over the past century, and economies around the world, including ours, have experienced storms which many businesses did not manage to survive,” said prime minister Saara Kuugongelwa-Amadhila.

“The government is committed to improve the business climate and ease of doing business, to attract foreign direct investment and to optimise support to local investors. I would also like to emphasise the importance of corporate social responsibility. Investment in our communities is a strategic investment that is in the interest of businesses as well. I call on our corporates to embrace this principle. I want to thank those who are doing so, such as Old Mutual, and I encourage them to continue,” Kuugongelwa-Amadhila added.

Habo Gerdes, the chairman of Old Mutual Namibia, emphasised that they will continue to remain committed to excellence and greatness.

“As Namibia’s premium financial services provider, we have a unique story to tell. A story of doing great things every day. Going forward we will continue to develop the capacity of Namibians and are ready to contribute meaningfully to the socio-economic transformation agenda of our country,” Gerdes said.

“We are shifting our focus to new and exciting channels to serve our customers through digital engagements and streamlining our processes to drive efficiencies. Without our customers we would not be where we are today, and we will be forever grateful,” Gerdes concluded.

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Namibian Sun 2024-05-02

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LaLiga: Barcelona 4 vs 2 Valencia SerieA: Genoa 3 vs 0 Cagliari European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City English Championship: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City Katima Mulilo: 12° | 33° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 16° | 32° Ruacana: 15° | 32° Tsumeb: 15° | 31° Otjiwarongo: 14° | 29° Omaruru: 15° | 32° Windhoek: 13° | 27° Gobabis: 15° | 28° Henties Bay: 16° | 21° Wind speed: 40km/h, Wind direction: E, Low tide: 04:26, High tide: 10:41, Low Tide: 16:45, High tide: 23:19 Swakopmund: 16° | 18° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:39, Low Tide: 16:43, High tide: 23:17 Walvis Bay: 17° | 25° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:38, Low Tide: 16:43, High tide: 23:16 Rehoboth: 15° | 29° Mariental: 18° | 31° Keetmanshoop: 20° | 32° Aranos: 18° | 30° Lüderitz: 14° | 25° Ariamsvlei: 20° | 34° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 16° | 29° Lubumbashi: 11° | 26° Mbabane: 14° | 25° Maseru: 10° | 26° Antananarivo: 15° | 25° Lilongwe: 14° | 28° Maputo: 18° | 28° Windhoek: 13° | 27° Cape Town: 16° | 24° Durban: 18° | 26° Johannesburg: 17° | 26° Dar es Salaam: 26° | 30° Lusaka: 15° | 27° Harare: 13° | 27° Currency: GBP to NAD 23.28 | EUR to NAD 19.94 | CNY to NAD 2.59 | USD to NAD 18.65 | 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 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.09 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 48 | USD to KES 134.48 | USD to NGN 1389.52 | USD to ZAR 18.62 | USD to ZMW 26.87 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76076.19 Down -0.5% | Namibian Stock Exchange (NSX) Overall Index 1690.93 Down -0.96% | Casablanca Stock Exchange (CSE) MASI 13319.36 Down -0.41% | Egyptian Exchange (EGX) 30 Index 24448.73 Down -6.01% | Botswana Stock Exchange (BSE) DCI 9146.09 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$ 2 297.97/OZ UP +0.29% | Copper US$ 4.45/lb DOWN -0.0123 | Zinc US$ 2 876.50/T UP 0.07% | Brent Crude Oil US$ 84.79/BBP DOWN -0.0219 | Platinum US$ 946.94/OZ UP +1.30% Sport results: LaLiga: Barcelona 4 vs 2 Valencia SerieA: Genoa 3 vs 0 Cagliari European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City English Championship: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City Weather: Katima Mulilo: 12° | 33° Rundu: 12° | 31° Eenhana: 14° | 33° Oshakati: 16° | 32° Ruacana: 15° | 32° Tsumeb: 15° | 31° Otjiwarongo: 14° | 29° Omaruru: 15° | 32° Windhoek: 13° | 27° Gobabis: 15° | 28° Henties Bay: 16° | 21° Wind speed: 40km/h, Wind direction: E, Low tide: 04:26, High tide: 10:41, Low Tide: 16:45, High tide: 23:19 Swakopmund: 16° | 18° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:39, Low Tide: 16:43, High tide: 23:17 Walvis Bay: 17° | 25° Wind speed: 30km/h, Wind direction: S, Low tide: 04:24, High tide: 10:38, Low Tide: 16:43, High tide: 23:16 Rehoboth: 15° | 29° Mariental: 18° | 31° Keetmanshoop: 20° | 32° Aranos: 18° | 30° Lüderitz: 14° | 25° Ariamsvlei: 20° | 34° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 16° | 29° Lubumbashi: 11° | 26° Mbabane: 14° | 25° Maseru: 10° | 26° Antananarivo: 15° | 25° Lilongwe: 14° | 28° Maputo: 18° | 28° Windhoek: 13° | 27° Cape Town: 16° | 24° Durban: 18° | 26° Johannesburg: 17° | 26° Dar es Salaam: 26° | 30° Lusaka: 15° | 27° Harare: 13° | 27° Economic Indicators: Currency: GBP to NAD 23.28 | EUR to NAD 19.94 | CNY to NAD 2.59 | USD to NAD 18.65 | 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 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.09 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 48 | USD to KES 134.48 | USD to NGN 1389.52 | USD to ZAR 18.62 | USD to ZMW 26.87 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76076.19 Down -0.5% | Namibian Stock Exchange (NSX) Overall Index 1690.93 Down -0.96% | Casablanca Stock Exchange (CSE) MASI 13319.36 Down -0.41% | Egyptian Exchange (EGX) 30 Index 24448.73 Down -6.01% | Botswana Stock Exchange (BSE) DCI 9146.09 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$ 2 297.97/OZ UP +0.29% | Copper US$ 4.45/lb DOWN -0.0123 | Zinc US$ 2 876.50/T UP 0.07% | Brent Crude Oil US$ 84.79/BBP DOWN -0.0219 | Platinum US$ 946.94/OZ UP +1.30%