Development Bank honours its best clients at glamorous annual awards
Good business and innovation were celebrated on Wednesday evening when the Development Bank of Namibia conferred its Good Business awards, and the additional Innovation awards.
Erongo RED was named the top company in the Large Enterprise category, Welwitschia University won the Emerging Enterprise category, and a start-up, Namibia Ceramics won the Innovation award.
The bank’s Chief Executive, Marting Inkumbi said all the award winners meet immediate development requirements while also providing for long-term development needs. The winners of Good Business Awards are Erongo RED in the Large Enterprise category, and Welwitschia University in the Emerging Enterprise category. Namibia Ceramics won the Innovation Award.
Large Enterprise Winner
Erongo RED won the Development Bank of Namibia 2017 Good Business Awards Large Enterprise category. Erongo RED used Development Bank of Namibia finance to upgrade and maintain distribution capacity to smaller centres in Erongo, securing their ability to grow.
First Runner-up Large Enterprise
Namibia Dairies was first runner-up in the Development Bank of Namibia 2017 Good Business Awards Large Enterprise category. The company used Development Bank of Namibia finance to upgrade its factory in Windhoek. The company processes 2,1 million litres of raw milk per month, received from 14 dairy farmers and the !Aimab Super Farm.
Second Runner-up Large Enterprise
Veya ICT was second runner-up in the Development Bank of Namibia 2017 Good Business Awards Large Enterprise category. A group of Namibian individuals used Development Bank of Namibia finance to purchase the interests of Gijima in Namibia. The transfer of shares has created a space for Namibians to provide the services associated with a large ICT company.
Emerging Enterprise Winner
Welwitschia University won the Development Bank of Namibia 2017 Good Business Awards Emerging Enterprise category. Welwitschia University, established with Development Bank of Namibia finance, addresses the shortage with private health education for nurses, under the management of the former Deans of the UNAM School of Nursing and Public Health.
First Runner-up Emerging Enterprise
Blumfelde Meat was first runner-up in the Development Bank of Namibia 2017 Good Business Awards Emerging Enterprise category. Following the closure of NAMCO, a consortium of five farmers used Development Bank of Namibia finance to establish an abattoir to process small stock in southern Namibia.
Second Runner-up Emerging Enterprise
Telne Properties is the second runner-up in the Development Bank of Namibia 2017 Good Business Awards Emerging Enterprise category. The company used Development Bank of Namibia finance to acquire the old municipal building, and repurpose it as a hotel, convention centre and as office space.
Innovation Award
Namibia Ceramics won the Innovation Award. Established by five young entrepreneurs, Namibia Ceramics will add value to Namibian clay, quartz and feldspar, by manufacturing tiles, locally. In addition to import substitution and improved product availability with a reduced transport cost, the project is expected to create 150 jobs.
First Runner-up Innovation
NSVP Scientific is the first runner-up in the Innovation Award. The team of five Namibian scientists manufactures scientific reagents and consumables for service laboratories, and manufacturing industries. These include microbiology culture media, biological stains, chemicals (solid salts) and solutions.
Second Runner-up Innovation
The Windhoek Entrepreneur’s Base (W.E.B.) is the second runner-up in the Innovation Award. W.E.B. is a co-working space that provides entrepreneurs offices at a fraction of the cost. It also provides a cluster where entrepreneurs share ideas, connect with other innovators, and learn the skills to succeed in their business.
Gallery
Captions to the images in the gallery.
Meme Shingenge Haipinge
Board member, Muetulamba Shingenge-Haipinge, received a token of gratitude from the Bank’s Senior Manager: Corporate Communication, Jerome Mutumba, for her long and dedicated service.
Board
At the Development Bank of Namibia Good Business Awards and Innovation Award, Board members Emma Haiyambo and Tabitha Mbome received personalised gifts from the Senior Manager: Corporate Communication, Jerome Mutumba, to show the lending institution’s gratitude to its board members.
Erongo RED
Erongo RED won the Development Bank of Namibia 2017 Good Business Awards Large Enterprise category.
Namibia Dairies
Namibia Dairies is the first runner-up in the Large Enterprise category.
Veya
Veya ICT is the second runner-up in the Large Enterprise category.
Welwitschia University
Welwitschia University won the Emerging Enterprise category.
Blumvelde Meat
Blumfelde Meat is the first runner-up in the Emerging Enterprise category.
Telne
Telne Properties is the second runner-up in the Emerging Enterprise category.
Namibia Ceramics
Namibia Ceramics won the Innovation Award.
NSVP Scientific
NSVP Scientific is the first runner-up in the Innovation Award.
WEB Base
The Windhoek Entrepreneur’s Base (W.E.B.) is the second runner-up in the Innovation Award.
Albie Basson
Board member, Albie Basson gave the welcoming address likening the awards to a report to the Bank’s stakeholders showing its best endeavours. He received a special award for his dedicated and long service from the Chief Executive, Martin Inkumbi.
