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Old Mutual Wealth supports growth of equestrian sport in Namibia
Old Mutual Wealth has revealed their sponsorship of the prestigious Old Mutual Wealth Equestrian Development Series. PHOTO CONTRIBUTED

Old Mutual Wealth supports growth of equestrian sport in Namibia

Old Mutual Wealth takes great pride in unveiling their sponsorship of the prestigious Old Mutual Wealth Equestrian Development Series, underscoring a steadfast commitment to elevating its brand with innovation and fostering meaningful community engagement. The series, which kicked off last week, is the first of three events scheduled for the year, attracting a total of 120 riders thus far.

Wikus Fourie, CEO of Old Mutual Wealth, expressed his delight at the sponsorship, stating: "We are delighted to announce Old Mutual Wealth's sponsorship of the prestigious Old Mutual Wealth Equestrian Development Series, showcasing our dedication to innovative brand elevation and community engagement. The profound parallels between equestrian sports and wealth management – precision, trust, discipline, adaptability and excellence – are evident. As riders meticulously plan and execute strategies, Old Mutual Wealth navigates financial challenges with foresight and grace. This sponsorship celebrates shared values and underscores the company's commitment to setting new benchmarks."



Developing the sport

Alida Reimer Cline, a committee member of Auas View Equestrian Club (AVEC), highlighted the significance of the sponsorship for the development of equestrian sport in Namibia.

"Our mission is to contribute to the development of the equestrian sport in Namibia, with grassroots athletes being our main focus. The AVEC Committee is grateful for the sponsorship received from Old Mutual, as it enabled the club to host training shows of a different magnitude. AVEC is now set to host three subsequent events, qualifiers for an overall Development League Champion,” Reimer Cline added.

“This is truly an enticing motivation for young and developing athletes. We have received 120 entries for the first leg and noticed an increase of 72% in dressage entries. We are already very excited and optimistic about the following two events," Reimer Cline further added.



Exciting opportunities

The equestrian sport promotes mutual understanding based on universal ethical principles and conduct in a spirit of friendship, solidarity, and fair play, emphasised Reimer Cline.

"It is our hope that the Old Mutual Development Leg will induct young people properly into the sport as a worthwhile practice and that they will become more committed to its values. Through that, we are hoping to actively shape the mindset of a good Namibian citizen – making Namibia better one canter stride at a time."

Old Mutual Wealth's sponsorship of the Equestrian Development Series not only supports the growth of the sport but also strengthens community connections. The partnership presents exciting opportunities to enhance brand visibility and reinforce the company's commitment to excellence, trust, and precision in wealth management.

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Katima Mulilo: 7° | 27° Rundu: 7° | 27° Eenhana: 9° | 29° Oshakati: 10° | 28° Ruacana: 10° | 29° Tsumeb: 10° | 25° Otjiwarongo: 9° | 24° Omaruru: 8° | 27° Windhoek: 7° | 23° Gobabis: 8° | 23° Henties Bay: 16° | 31° Wind speed: 41km/h, Wind direction: NE, Low tide: 03:21, High tide: 09:25, Low Tide: 15:12, High tide: 21:59 Swakopmund: 18° | 25° Wind speed: 29km/h, Wind direction: SE, Low tide: 03:19, High tide: 09:23, Low Tide: 15:10, High tide: 21:57 Walvis Bay: 19° | 31° Wind speed: 31km/h, Wind direction: SE, Low tide: 03:19, High tide: 09:22, Low Tide: 15:10, High tide: 21:56 Rehoboth: 8° | 25° Mariental: 10° | 25° Keetmanshoop: 12° | 24° Aranos: 9° | 25° Lüderitz: 15° | 31° Ariamsvlei: 12° | 25° Oranjemund: 11° | 23° Luanda: 22° | 24° Gaborone: 10° | 24° Lubumbashi: 7° | 25° Mbabane: 9° | 22° Maseru: 5° | 18° Antananarivo: 12° | 24° Lilongwe: 10° | 25° Maputo: 16° | 26° Windhoek: 7° | 23° Cape Town: 13° | 18° Durban: 13° | 23° Johannesburg: 10° | 20° Dar es Salaam: 20° | 31° Lusaka: 11° | 24° Harare: 9° | 22° | Currency: GBP to NAD 23.23 | EUR to NAD 19.61 | CNY to NAD 2.53 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.42 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.42 | USD to AOA 852.48 | USD to BWP 13.64 | USD to EGP 47.66 | USD to KES 128.48 | USD to NGN 1480 | USD to ZAR 18.34 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1677.76 Up +1.23% | Casablanca Stock Exchange (CSE) MASI 13188.79 Up +0.20% | Egyptian Exchange (EGX) 30 Index 26417.6 Up +1.09% | Botswana Stock Exchange (BSE) DCI 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$ 2 331.76/OZ UP +1.28% | Copper US$ 4.46/lb UP +0.12% | Zinc US$ 2 800.00/T DOWN -2.51% | Brent Crude Oil US$ 83.53/BBP UP +1.43% | Platinum US$ 944.64/OZ DOWN -0.0035 | Sport results: Weather: Katima Mulilo: 7° | 27° Rundu: 7° | 27° Eenhana: 9° | 29° Oshakati: 10° | 28° Ruacana: 10° | 29° Tsumeb: 10° | 25° Otjiwarongo: 9° | 24° Omaruru: 8° | 27° Windhoek: 7° | 23° Gobabis: 8° | 23° Henties Bay: 16° | 31° Wind speed: 41km/h, Wind direction: NE, Low tide: 03:21, High tide: 09:25, Low Tide: 15:12, High tide: 21:59 Swakopmund: 18° | 25° Wind speed: 29km/h, Wind direction: SE, Low tide: 03:19, High tide: 09:23, Low Tide: 15:10, High tide: 21:57 Walvis Bay: 19° | 31° Wind speed: 31km/h, Wind direction: SE, Low tide: 03:19, High tide: 09:22, Low Tide: 15:10, High tide: 21:56 Rehoboth: 8° | 25° Mariental: 10° | 25° Keetmanshoop: 12° | 24° Aranos: 9° | 25° Lüderitz: 15° | 31° Ariamsvlei: 12° | 25° Oranjemund: 11° | 23° Luanda: 22° | 24° Gaborone: 10° | 24° Lubumbashi: 7° | 25° Mbabane: 9° | 22° Maseru: 5° | 18° Antananarivo: 12° | 24° Lilongwe: 10° | 25° Maputo: 16° | 26° Windhoek: 7° | 23° Cape Town: 13° | 18° Durban: 13° | 23° Johannesburg: 10° | 20° Dar es Salaam: 20° | 31° Lusaka: 11° | 24° Harare: 9° | 22° Economic Indicators: Currency: GBP to NAD 23.23 | EUR to NAD 19.61 | CNY to NAD 2.53 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.42 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.42 | USD to AOA 852.48 | USD to BWP 13.64 | USD to EGP 47.66 | USD to KES 128.48 | USD to NGN 1480 | USD to ZAR 18.34 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1677.76 Up +1.23% | Casablanca Stock Exchange (CSE) MASI 13188.79 Up +0.20% | Egyptian Exchange (EGX) 30 Index 26417.6 Up +1.09% | Botswana Stock Exchange (BSE) DCI 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$ 2 331.76/OZ UP +1.28% | Copper US$ 4.46/lb UP +0.12% | Zinc US$ 2 800.00/T DOWN -2.51% | Brent Crude Oil US$ 83.53/BBP UP +1.43% | Platinum US$ 944.64/OZ DOWN -0.0035 |