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  • Old Mutual donates N$ 1.3 million to government
Old Mutual donates N$ 1.3 million to government
Old Mutual donates N$ 1.3 million to government

Old Mutual donates N$ 1.3 million to government

The amount donated is the final leg of the committed total N$ 5 million donated by Old Mutual this year.
Old Mutual Namibia donated N$ 1.3 million to the government to be used in the fight against the coronavirus pandemic in the country.

The amount donated is the final leg of the committed total N$ 5 million donated by Old Mutual this year.

At the handover ceremony held at the Office of the Prime Minister (OPM), marketing, communication and customer strategy executive at Old Mutual, Ndangi Katoma said the money is contributed to the National Disaster Fund.

It will be used as payment of allowances to temporarily recruited medical professionals by the government to assist on the frontline against the Covid-19 pandemic, he added.

“We are deeply aware of the critical work being done by all health essential service workers across the country as they continue to serve, care and protect our nation during this challenging time,” said Katoma.

Katoma explained that apart from the amount donated, Old Mutual had already spent N$ 1.5 million on the food supply roll-out to provide to 3 017 vulnerable people countrywide while N$ 2.7 million was used in testing kits and other equipment, including laptops and tablets that were donated to the Ministry of Health and Social Services.

Receiving the donation on behalf of the prime minister, executive director at OPM, I-Ben Nashandi registered appreciation to Old Mutual for the generous support to government, saying that Old Mutual was one of the first institutions that responded when the government made a call on all Namibian corporates and individuals to provide assistance in fighting the pandemic.

Nashandi said the fight against Covid-19 was made possible by the support of organisations such as Old Mutual.

He said the handover was just a formality as the amount of N$ 1.3 million was already deposited into the OPM account on 29 September 2020. – Nampa

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Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea LaLiga: Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis | Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada SerieA: Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City English Championship: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City Katima Mulilo: 10° | 31° Rundu: 10° | 30° Eenhana: 12° | 31° Oshakati: 13° | 31° Ruacana: 12° | 31° Tsumeb: 14° | 29° Otjiwarongo: 12° | 27° Omaruru: 13° | 30° Windhoek: 12° | 27° Gobabis: 13° | 27° Henties Bay: 19° | 33° Wind speed: 41km/h, Wind direction: NE, Low tide: 06:32, High tide: 12:50, Low Tide: 18:28, High tide: 00:56 Swakopmund: 20° | 23° Wind speed: 30km/h, Wind direction: SE, Low tide: 06:30, High tide: 12:48, Low Tide: 18:26, High tide: 00:54 Walvis Bay: 22° | 32° Wind speed: 30km/h, Wind direction: SE, Low tide: 06:30, High tide: 12:47, Low Tide: 18:26, High tide: 00:53 Rehoboth: 12° | 27° Mariental: 16° | 29° Keetmanshoop: 17° | 29° Aranos: 16° | 29° Lüderitz: 19° | 35° Ariamsvlei: 16° | 31° Oranjemund: 14° | 31° Luanda: 24° | 28° Gaborone: 13° | 27° Lubumbashi: 11° | 27° Mbabane: 11° | 23° Maseru: 8° | 23° Antananarivo: 14° | 24° Lilongwe: 15° | 26° Maputo: 19° | 26° Windhoek: 12° | 27° Cape Town: 15° | 20° Durban: 16° | 24° Johannesburg: 15° | 24° Dar es Salaam: 24° | 32° Lusaka: 15° | 26° Harare: 12° | 26° Currency: GBP to NAD 23.01 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.15 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | 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 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.35 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1467 | USD to ZAR 18.15 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 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$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19% Sport results: Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea LaLiga: Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis | Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada SerieA: Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City English Championship: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City Weather: Katima Mulilo: 10° | 31° Rundu: 10° | 30° Eenhana: 12° | 31° Oshakati: 13° | 31° Ruacana: 12° | 31° Tsumeb: 14° | 29° Otjiwarongo: 12° | 27° Omaruru: 13° | 30° Windhoek: 12° | 27° Gobabis: 13° | 27° Henties Bay: 19° | 33° Wind speed: 41km/h, Wind direction: NE, Low tide: 06:32, High tide: 12:50, Low Tide: 18:28, High tide: 00:56 Swakopmund: 20° | 23° Wind speed: 30km/h, Wind direction: SE, Low tide: 06:30, High tide: 12:48, Low Tide: 18:26, High tide: 00:54 Walvis Bay: 22° | 32° Wind speed: 30km/h, Wind direction: SE, Low tide: 06:30, High tide: 12:47, Low Tide: 18:26, High tide: 00:53 Rehoboth: 12° | 27° Mariental: 16° | 29° Keetmanshoop: 17° | 29° Aranos: 16° | 29° Lüderitz: 19° | 35° Ariamsvlei: 16° | 31° Oranjemund: 14° | 31° Luanda: 24° | 28° Gaborone: 13° | 27° Lubumbashi: 11° | 27° Mbabane: 11° | 23° Maseru: 8° | 23° Antananarivo: 14° | 24° Lilongwe: 15° | 26° Maputo: 19° | 26° Windhoek: 12° | 27° Cape Town: 15° | 20° Durban: 16° | 24° Johannesburg: 15° | 24° Dar es Salaam: 24° | 32° Lusaka: 15° | 26° Harare: 12° | 26° Economic Indicators: Currency: GBP to NAD 23.01 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.15 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | 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 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.35 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1467 | USD to ZAR 18.15 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 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$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%