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NEW ERA | MTC erects 14 new transmission towers Page 10 Africa leads growth in air passenger traffic Page 15 INSIDE BUSINESS This news is your business Nkurenkuru geared for first ever Expo John Muyamba Rundu Nkurenkuru Town Council is gearing up to host its first ever Expo, which is scheduled to take place from June 28 to July 2 this year under the theme “Transforming Nkurenkuru into an industrial and tourism hub”. CEO of Nkurenkuru Petrus Sikongo Sindimba says that at the moment the organising committees are busy formulating the modalities of how the town will hold this event. “Preparations are on track, various institutions, government ministries and our local SMEs have already made their bookings right after we had our successful gala dinner earlier on April 29. We are indeed ready to host our first ever Expo 2017. “We are still waiting for more sponsorship that might come to make this event a success. However, we would like to inform the public that so far Nored and the Development Bank of Namibia are our main sponsors for this year’s event,” Sindimba said. Sindimba told New Era that former president Hifikepunye Lukas Pohamba was the patron of the Nkurenkuru Expo. “This event will also be graced by his presence during the expo and he will deliver the keynote address and will officially open our Nkurenkuru Expo,” he added. They will hold the event in Nkurenkuru, the regional capital of the Kavango West Region, which has a population estimated at around 15,000 inhabitants. Sindimba promises a variety of entertainment ranging from traditional dances, and music by local artists throughout the event. “We therefore urge and invite all our countrymen and women to come in their thousands to make our first Expo a success. The official opening is scheduled for 30 June,” he said. The government declared Nkurenkuru as a settlement area in 1999 before later proclaiming it a town in 2006, and it became the capital of Kavango West Region when the authorities split the former Kavango Region into Kavango West and Kavango East regions in 2013. Petrus Sikongo Sindimba Photo: Emmency Nuukala Handing over the prize… Namibia’s telecommunications giant, MTC, yesterday held a prize ceremony for its most recent SMS & WIN campaign. The ceremony took place in Windhoek at the MTC headquarters in Olympia, where the company handed over N million to four of the grand-prize lucky winners, including a sixteen-year-old Izandia Ndjamba from Gobabis. The campaign, which started on April 07 and ended on June 01, witnessed a total of 88 winners across the country who received a share of the N.6 million prize money. The campaign had eighty weekly winners who each walked away with N,000, four mid-term winners of N,000 and four grand-prize winners of N0,000. At the ceremony were (from left) MTC’s chief human capital and corporate affairs officer Tim Ekandjo, MTC acting CEO Thinus Smith with the winners, Cecilia Maria Van-Niekerk from Grootfontein, 16 year-old Izandia Ndjamba from Gobabis, Ndeshihafela Dumeni from Windhoek, Erastus Shilongo from Windhoek, MTC general manager: product solutions Andre De Jager and MTC chief commercial officer Alvin Korkie. FNB will offer French funding scheme Staff Reporter Windhoek FNB Namibia has entered into a partnership agreement with the French Development Agency (AFD), which will introduce the SUNREF funding scheme in Namibia. SUNREF – Sustainable Use of Natural Resources and Environmental Finance (SUNREF)– aims to promote and finance sustainable resource use in the areas of business, agriculture and tourism. “FNB Namibia intends to provide mid and long-term facilities to clients to finance small-scale renewable energy (RE), energy efficiency (EE) and sustainable natural resources use (agriculture, tourism) investments in Namibia. “Within the wider FNB 2020 strategy, Planet and Partnerships are key pillars, on which we believe the future sustainability of our business and our stakeholders rest. “It made sense for us to partner with AFD to help promote, and sustainably finance natural resource efficient business practices that will positively impact our planet,” treasurer at FNB Namibia Michelle van Wyk explained. Through this partnership, signed on 5 June 2017 in the presence of the Ambassador of France to Namibia Jacqueline Bassa-Mazzoni, cost efficient funding options will be made available to businesses, tourism operations and agricultural enterprises that wish to implement, amongst others, cost saving and environmentally friendly technologies. This may range from roof top solar systems or energy efficient buildings, to stand alone PV systems for energy production, water and waste management as well as biomass and de-bushing projects in agriculture. “I am proud that we have concluded this agreement, which is a follow up of the Paris Agreement. Today is a concretisation of this joint effort. “I am happy to see FNB being the first to sign the SUNREF agreement. I look forward to all the beautiful projects that will be developed through this SUNREF programme, which fits perfectly with the Harambee Prosperity Plan,’’ French ambassador Jacqueline Bassa-Mazzoni said in her remarks. Van Wyk noted that in the tourism sector, FNB already supported the ECO-awards based on the premise of resource efficiency (Reduce - Reuse - Recycle) and offered finance options to achieve resource efficiency. “The availability of more funds will help promote this even further. Sustainable tourism has huge untapped potential that is sociallyinclusive, creates employment, preserves culture, and has financial viability,” she said. The SUNREF scheme will assist in helping businesses decrease operating costs, increase the value of their buildings, improve Green money… From left: FNB business segment head Oliver Horsthemke, AFD regional director Martha Stein- Sochas, French ambassador Jacqueline Bassa- Mazzoni and FNB Holdings treasurer Michelle van Wyk at the signing of the financing agreement. Photo: Contributed the sustainability of the business and decrease its environmental footprint, thereby making the company more environmentally friendly. “Green schemes in commercial buildings and residential buildings make business sense and FNB Namibia has been a forerunner in this area with our green accredited Head Office in Windhoek,” she pointed out. AFD Regional Director Martha Stein-Sochas said that for her it was a great pleasure to be in Namibia to sign the agreement with FNB, which the AFD hoped would have a concrete impact on the Namibian economy. The positive impacts included improving green energy production, limiting the negative environmental impact and supporting ‘green’ job creation.