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Helping to Build Namibia
Our policy as a responsible corporate citizen is aligned with the definition of sustainable development by the World Business Council for Sustainable Development - development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Our approach is characterised by sharing expertise, as opposed to simply dispensing funds. By involving our own people in different ways, we demonstrate our commitment but, more importantly, develop the passion that underpins the project and builds real partnerships.
By forming partnerships, we learn more from every project, from every facilitating organisation we deal with. We learn from successes as much as we learn from failures. These lessons drive constant refinements to our criteria for support. These refinements, in turn, raise the probability of success and ensure that we reach our goal of building capacity.
We avoid cheque book philanthropy to ensure sponsorship alliances that will ultimately benefit the country at large. We focus on each party to a venture activating all resources to leverage the optimum benefits from the alliance. The reality is that one needs to harness energy, money and collective knowledge to achieve desired results. Our sponsorship activity ranges across the educational, cultural and sporting spectrum.
Our Social Investment Fund
The fund recognises the challenges of high levels of unemployment and low life expectancy rates and concentrates on projects that develop sustainable self-sufficiency and result in a positive contribution to the national economy in the fields of entrepreneurship, education and health. At all times, we favour projects where recipients will learn new skills and practices, in turn passing this knowledge on to others.
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Broad-based Economic Empowerment
A key objective of our Broad-based Economic Empowerment (BBEE) transaction launched in 2006 was not only to increase black equity ownership in Nedbank Namibia, but also to position Nedbank Namibia as a bank that is accessible to all Namibians.
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Go Green
You care about the environment. So does Nedbank Namibia. We established the Go Green Fund as an environmental fund to enhance conservation and protection of important habitats and natural resources. We make donations to the fund on clients ’ behalf through vehicle finance and home loan transactions.
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The Nedbank Singers
As part of our contribution towards the development of arts and culture in Namibia, a group of young, supremely talented singers has been brought together to form the Nedbank Singers. The choir is being supported to become an inspirational beacon for the Bank as a proud supporter of the arts in the country.
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Heini Blohm Benevolent Fund
The Heini Blohm Benevolent Fund assists staff members in instances of severe hardship or sudden crisis. The fund was named after the late Mr Heini Blohm (Chairman of SWABANK Limited).
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