November 01, 2024
Economy

Old Mutual Foundation’s Chair & Desk Initiative receives 838 applications

September 17, 2023
Old Mutual Foundation’s Chair & Desk Initiative receives 838 applications

The Old Mutual Foundation (OMF) has received 838 applications from schools intending to benefit from its Chair & Desk (C&D) Initiative and has committed to assisting two schools in three regions over a span of three years, starting from this year up until 2026.

“To start off with, the Old Mutual Foundation will assist the following regions and schools: Zambezi Region, repairs of chairs and desks at Silumbi Combined School, while the supply of new chairs and desks will be provided to Mavuluma Secondary School. In the Omaheke Region, repairs of chairs and desks will be done at Gunichas Roman Catholic Primary School, and the supply of new chairs and desks will go to C. Ngatjizeko Primary School, as well as Drimiopsis Primary School (Sponsored by Futurenergy Consultancy CC). Lastly, in the Kunene Region: repairs of chairs and desks at Okapara Mobile Unit (Ondao School) and the supply of new chairs and desks to Elias Amxab Combined School,” said Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive at Old Mutual Namibia.

The foundation, which pledged to partner with local entrepreneurs, businesses, vocational training facilities, and correctional services to collaborate on the provision and repair of furniture to ensure the success of the initiative, said it had received 81 applications from vendors across the country.

“Selected vendors will be contacted based on geographic location to submit quotations for repairs and supply works by September 22, 2023,” she said.

The C&D Initiative, funded to the tune of N$500,000, aims to provide new chairs and desks to schools with a real need, while also repairing all fixable damaged chairs and desks, to address the urgent demand for usable chairs and desks in public schools throughout the country's 14 regions.

The Old Mutual Foundation is Old Mutual's corporate social investment vehicle and is funded by a 1% allocation of after-tax profit from the company annually.

Rate this item
(0 votes)
Last modified on Monday, 18 September 2023 18:59
Tags
« Have you been sexually harassed? BoN STEAM boot camp targets 240 beneficiaries »

Related items

  • Namport eyes Q3 2024 to start Lüderitz port expansion

    The Namibian Ports Authority (Namport) is targeting to start port expansion at Lüderitz next year to facilitate the implementation of the country's impending oil and gas developments. 

  • NamRA eyes oil, gas and renewable sector taxes

    The Namibia Revenue Agency (NamRA) is structuring an independent auditing department that will only focus on the oil, gas and renewable sectors to curb tax evasion and maximise revenue collection in these sectors, an official has revealed.

  • EIF to conduct N$5m green hydrogen feasibility study

    The Environmental Investment Fund of Namibia (EIF), through the Green Resilient Recovery Rapid Readiness Support in Namibia, will spend N$5 million on a green hydrogen feasibility study.

  • FNB extends N$83m to entrepreneurs

    First National Bank of Namibia, in partnership with the Namibia Special Risk Insurance Association (NASRIA), has extended N$83 million to address credit limitations issues faced by aspiring entrepreneurs. 

back to top
Ad Sidebar Small Size
Ad Sidebar big size

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries