The Development Bank of Namibia's head of marketing and corporate communication, Jerome Mutumba. Photo Contributed
The Development Bank of Namibia's head of marketing and corporate communication, Jerome Mutumba. Photo Contributed

DBN to resume Good Business Awards

Back after two years
This year's winners will come from the tourism and hospitality sector, private education, land servicing, manufacturing and the transport and logistics sector.
STAFF REPORTER – The Good Business Awards of the Development Bank of Namibia (DBN), last held in 2019, will resume next week.

According to the DBN’s head of marketing and corporate communication, Jerome Mutumba, said the finalists and winners will be announced on the bank’s Facebook and LinkedIn pages, as well as on its website next Friday.

The awards were suspended in 2020 and 2021 due to Covid-19.

Mutumba said this year’s winners will come from the tourism and hospitality sector, private education, land servicing, manufacturing and the transport and logistics sector.

The finalists and winners will be determined by a panel consisting of independent judges and experts in their fields.

TWOFOLD PURPOSE

Talking about the awards, Mutumba said that they have a twofold purpose. Firstly, they highlight enterprises that have an exemplary development impact combined with excellent administrative practices that contribute to viability and longevity of the enterprise.

Secondly, they showcase the contribution that the bank, through its finance, makes towards development and economic activity in Namibia.

In previous years, the DBN also conferred an annual Innovation Award. Although the award will not be conferred in 2022, Mutumba said he was confident that the Innovation Award would resume in 2023.

Talking about the quality of finalists and winners, he said that the standard is very high.

“Although there can only be one winner in each if the categories, all of the finalists are exceptional, and represent a win for the Namibian economy and the bank,” he concluded.

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Katima Mulilo: 19° | 27° Rundu: 19° | 26° Eenhana: 18° | 22° Oshakati: 19° | 24° Ruacana: 19° | 22° Tsumeb: 19° | 25° Otjiwarongo: 18° | 28° Omaruru: 20° | 31° Windhoek: 19° | 30° Gobabis: 19° | 28° Henties Bay: 18° | 22° Wind speed: 21km/h, Wind direction: W, Low tide: 09:43, High tide: 03:43, Low Tide: 21:49, High tide: 15:55 Swakopmund: 17° | 18° Wind speed: 17km/h, Wind direction: W, Low tide: 09:41, High tide: 03:41, Low Tide: 21:47, High tide: 15:53 Walvis Bay: 17° | 21° Wind speed: 21km/h, Wind direction: W, Low tide: 09:41, High tide: 03:40, Low Tide: 21:47, High tide: 15:52 Rehoboth: 20° | 32° Mariental: 23° | 35° Keetmanshoop: 26° | 36° Aranos: 22° | 33° Lüderitz: 19° | 35° Ariamsvlei: 24° | 36° Oranjemund: 16° | 26° Luanda: 25° | 27° Gaborone: 20° | 28° Lubumbashi: 17° | 21° Mbabane: 17° | 31° Maseru: 16° | 28° Antananarivo: 17° | 24° Lilongwe: 19° | 27° Maputo: 21° | 37° Windhoek: 19° | 30° Cape Town: 18° | 22° Durban: 21° | 27° Johannesburg: 16° | 28° Dar es Salaam: 26° | 31° Lusaka: 18° | 23° Harare: 17° | 23° Currency: GBP to NAD 22.81 | EUR to NAD 19.05 | CNY to NAD 2.52 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.19 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 135.46 | USD to AOA 912 | USD to BWP 13.86 | USD to EGP 50.57 | USD to KES 129.22 | USD to NGN 1498.78 | USD to ZAR 18.53 | USD to ZMW 28.08 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 87562.75 Down -0.23% | Namibian Stock Exchange (NSX) Overall Index 1776.45 Down -1.17% | Casablanca Stock Exchange (CSE) MASI 16272.94 Down -0.46% | Egyptian Exchange (EGX) 30 Index 29564.21 Down -1.14% | Botswana Stock Exchange (BSE) DCI 10080.51 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$ 2 873.50/OZ DOWN -0.0087 | Copper US$ 4.59/lb UP +0.32% | Zinc US$ 2 862.00/T UP 0.94% | Brent Crude Oil US$ 76.70/BBP DOWN -0.007 | Platinum US$ 1 030.01/OZ UP +0.31% Sport results: Weather: Katima Mulilo: 19° | 27° Rundu: 19° | 26° Eenhana: 18° | 22° Oshakati: 19° | 24° Ruacana: 19° | 22° Tsumeb: 19° | 25° Otjiwarongo: 18° | 28° Omaruru: 20° | 31° Windhoek: 19° | 30° Gobabis: 19° | 28° Henties Bay: 18° | 22° Wind speed: 21km/h, Wind direction: W, Low tide: 09:43, High tide: 03:43, Low Tide: 21:49, High tide: 15:55 Swakopmund: 17° | 18° Wind speed: 17km/h, Wind direction: W, Low tide: 09:41, High tide: 03:41, Low Tide: 21:47, High tide: 15:53 Walvis Bay: 17° | 21° Wind speed: 21km/h, Wind direction: W, Low tide: 09:41, High tide: 03:40, Low Tide: 21:47, High tide: 15:52 Rehoboth: 20° | 32° Mariental: 23° | 35° Keetmanshoop: 26° | 36° Aranos: 22° | 33° Lüderitz: 19° | 35° Ariamsvlei: 24° | 36° Oranjemund: 16° | 26° Luanda: 25° | 27° Gaborone: 20° | 28° Lubumbashi: 17° | 21° Mbabane: 17° | 31° Maseru: 16° | 28° Antananarivo: 17° | 24° Lilongwe: 19° | 27° Maputo: 21° | 37° Windhoek: 19° | 30° Cape Town: 18° | 22° Durban: 21° | 27° Johannesburg: 16° | 28° Dar es Salaam: 26° | 31° Lusaka: 18° | 23° Harare: 17° | 23° Economic Indicators: Currency: GBP to NAD 22.81 | EUR to NAD 19.05 | CNY to NAD 2.52 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.19 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 135.46 | USD to AOA 912 | USD to BWP 13.86 | USD to EGP 50.57 | USD to KES 129.22 | USD to NGN 1498.78 | USD to ZAR 18.53 | USD to ZMW 28.08 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 87562.75 Down -0.23% | Namibian Stock Exchange (NSX) Overall Index 1776.45 Down -1.17% | Casablanca Stock Exchange (CSE) MASI 16272.94 Down -0.46% | Egyptian Exchange (EGX) 30 Index 29564.21 Down -1.14% | Botswana Stock Exchange (BSE) DCI 10080.51 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$ 2 873.50/OZ DOWN -0.0087 | Copper US$ 4.59/lb UP +0.32% | Zinc US$ 2 862.00/T UP 0.94% | Brent Crude Oil US$ 76.70/BBP DOWN -0.007 | Platinum US$ 1 030.01/OZ UP +0.31%