Guest Contributor | Mar 20, 2018 | 0
Music awards 2015 attract N$8,7 million in sponsorships
Benefactors to the Namibian Annual Music Awards (NAMA) have overwhelmingly demonstrated their faith and belief in the value of supporting the arts by pledging a staggering N$8,7 million in cash and in kind to ensure this year’s awards continue on the same high-profile as has been established at previous events. All the prize monies have been sponsored by a range of commercial sponsors. The prizes are substantial, acting as incentive, and to reward the top performers for their artistic achievements. An amount of N$3,4 million has been sponsored to the NAMA by 17 corporate entities. Of this figure the amount of N$2,5 million is set aside in cash as part of the artist prize winnings.
The remainder of N$800,000 are in kind sponsorships of various services and products from the partners. MTC the main sponsor has allocated the amount of N$5,3 million for the organising, planning and hosting of the event. According to Tim Ekandjo, Executive Chairman of the NAMA, this means each and every category is guaranteed its prize thanks to the generous and grateful support of the various corporates who believe in the empowerment and promotion of local arts and music. As part of the winning prizes on the night, the Best Female, Best Male and Album of the Year will each receive N$100,000 while the winners in all other categories will receive N$30,000 each. Winners of each category will also receive a brand new Huawei P6 Smartphone. The NAMA is gearing itself yet again to take Namibia and the Namibian music industry and its stars to stellar new heights on 1 and 2 May 2015 in Swakopmund at the Swakopmund Indoor Sports Centre. This year’s sponsors are Huawei, 3G Mobile, Air Namibia, Namibia Statistic Agency, National Youth Council, Municipality of Swakopmund, John and Penny Group of Companies, Galaxy Advertising, Methealth, FNB Namibia, Directorate of Arts, NASCAM, Coke, National Theatre of Namibia, Castle Lite and Namibia Diamond Trading Company.