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FirstRand Foundation supports mentorship and business skills training

The FirstRand Namibia Foundation Trust handed over an amount of N$ 606 000 towards SME’s Compete for mentorship, business growth support and business skills training.
FNB Business division’s new business development manager Alexzander Shikemeni on behalf of the foundation emphasised that SMEs in Namibia form the backbone of the economy, employ quite a number of the workforce and contribute significantly to the country’s GDP.

He added: “A vibrant and thriving SME sector is important as it makes our economy more resilient to shocks and provides a variety of meaningful jobs for Namibians.”

Claudine Mouton of SMEs Compete expressed her gratitude towards FNB and the FirstRand Namibia Foundation for their ongoing support over the past 13 years. “The contribution from the FirstRand Foundation now covers about 20% of our annual cost to run our operations and related programmes. Because of this contribution SMEs Compete has been able to keep our doors open and provide much needed service to Namibian entrepreneurs.”

One of the entrepreneurs present at the handover, Erastus Amenya, of Ondje Trading Enterprises cc said: "I only had an idea with no business plan and experience. I am very thankful for the business training support that I received from SMEs Compete, through the FirstRand Namibia Foundation. My business is growing every day from strength to strength."

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Namibian Sun 2024-04-24

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Premier League: Arsenal 5 vs 0 Chelsea | Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce European Championships Qualifying: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday FA Cup: Coventry City 3 vs 3 Manchester United English Championship: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday Katima Mulilo: 14° | 35° Rundu: 15° | 35° Eenhana: 16° | 36° Oshakati: 17° | 34° Ruacana: 16° | 35° Tsumeb: 18° | 33° Otjiwarongo: 15° | 32° Omaruru: 16° | 34° Windhoek: 15° | 30° Gobabis: 17° | 31° Henties Bay: 15° | 20° Wind speed: 26km/h, Wind direction: S, Low tide: 09:35, High tide: 03:35, Low Tide: 21:39, High tide: 15:58 Swakopmund: 15° | 17° Wind speed: 32km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:33, Low Tide: 21:37, High tide: 15:56 Walvis Bay: 15° | 24° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:32, Low Tide: 21:37, High tide: 15:55 Rehoboth: 15° | 32° Mariental: 19° | 33° Keetmanshoop: 19° | 32° Aranos: 19° | 33° Lüderitz: 15° | 29° Ariamsvlei: 19° | 31° Oranjemund: 12° | 20° Luanda: 26° | 28° Gaborone: 20° | 33° Lubumbashi: 14° | 27° Mbabane: 14° | 24° Maseru: 12° | 26° Antananarivo: 16° | 24° Lilongwe: 15° | 28° Maputo: 21° | 26° Windhoek: 15° | 30° Cape Town: 16° | 20° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 24° | 26° Lusaka: 17° | 29° Harare: 15° | 30° Currency: GBP to NAD 23.85 | EUR to NAD 20.52 | CNY to NAD 2.64 | USD to NAD 19.24 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.72 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.32 | USD to AOA 832.83 | USD to BWP 13.83 | USD to EGP 47.9 | USD to KES 134.48 | USD to NGN 1251.05 | USD to ZAR 19.25 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 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$ 2 319.23/OZ DOWN -0.0018 | Copper US$ 4.45/lb UP +1.02% | Zinc US$ 2 827.10/T UP 0.9% | Brent Crude Oil US$ 88.13/BBP DOWN -0.0023 | Platinum US$ 907.32/OZ DOWN -0.0028 Sport results: Premier League: Arsenal 5 vs 0 Chelsea | Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce European Championships Qualifying: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday FA Cup: Coventry City 3 vs 3 Manchester United English Championship: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday Weather: Katima Mulilo: 14° | 35° Rundu: 15° | 35° Eenhana: 16° | 36° Oshakati: 17° | 34° Ruacana: 16° | 35° Tsumeb: 18° | 33° Otjiwarongo: 15° | 32° Omaruru: 16° | 34° Windhoek: 15° | 30° Gobabis: 17° | 31° Henties Bay: 15° | 20° Wind speed: 26km/h, Wind direction: S, Low tide: 09:35, High tide: 03:35, Low Tide: 21:39, High tide: 15:58 Swakopmund: 15° | 17° Wind speed: 32km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:33, Low Tide: 21:37, High tide: 15:56 Walvis Bay: 15° | 24° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:32, Low Tide: 21:37, High tide: 15:55 Rehoboth: 15° | 32° Mariental: 19° | 33° Keetmanshoop: 19° | 32° Aranos: 19° | 33° Lüderitz: 15° | 29° Ariamsvlei: 19° | 31° Oranjemund: 12° | 20° Luanda: 26° | 28° Gaborone: 20° | 33° Lubumbashi: 14° | 27° Mbabane: 14° | 24° Maseru: 12° | 26° Antananarivo: 16° | 24° Lilongwe: 15° | 28° Maputo: 21° | 26° Windhoek: 15° | 30° Cape Town: 16° | 20° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 24° | 26° Lusaka: 17° | 29° Harare: 15° | 30° Economic Indicators: Currency: GBP to NAD 23.85 | EUR to NAD 20.52 | CNY to NAD 2.64 | USD to NAD 19.24 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.72 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.32 | USD to AOA 832.83 | USD to BWP 13.83 | USD to EGP 47.9 | USD to KES 134.48 | USD to NGN 1251.05 | USD to ZAR 19.25 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 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$ 2 319.23/OZ DOWN -0.0018 | Copper US$ 4.45/lb UP +1.02% | Zinc US$ 2 827.10/T UP 0.9% | Brent Crude Oil US$ 88.13/BBP DOWN -0.0023 | Platinum US$ 907.32/OZ DOWN -0.0028