Omake Moment with the Namibia Trade Network
The Brief and Cirrus Capital host Namibia Top Company Awards
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n a dazzling display of business acumen and corporate achievement, Namibia's capital, Windhoek, witnessed the launch of the inaugural Namibia Top Company Awards on October 13, 2023. This momentous occasion, a collaborative effort between The Brief, Namibia's leading business publication, and Cirrus Capital, a major player in local financial services, brought together the creme de la creme of the Namibian corporate world. The event, held under the patronage of Deputy Minister Emma Theofelus from the Ministry of Information, Communication, and Technology, marked a pivotal moment in recognising and celebrating the outstanding contributions of Namibian companies across various sectors. It was an evening where excellence and innovation were in the spotlight, with companies vying for the top honors in nine competitive categories. The awards ceremony was supported by a consortium of high-profile sponsors, including B2Gold, Nedbank Namibia, Namport, Old Mutual Namibia, and Basecamp. These sponsors' involvement underscored their commitment to fostering a culture of excellence and innovation in the Namibian business landscape. Judged by an independent panel through a rigorous, unbiased process, the awards focused on criteria like financial performance, innovation, and impact on the Namibian economy. The winners emerged in various categories, ranging from Best Locally Listed Company to Best Start-Up, with each victor exemplifying the pinnacle of success in their respective fields. And the winners are… Best Locally Listed Company: Letshego Holdings FNB Namibia Capricorn Group Best Local Bank: FNB Namibia Bank Windhoek Standard Bank Namibia Best Deal (M&A / Corporate Finance): JABU - USD15 million in series A funding Savanna Beef - NAD169 million equity raised through private placement in 2022 Paratus Namibia – Deal size = NAD130 million through NSX listed medium-term note program
Best Environmental, Social, and Governance (ESG): FirstRand Namibia Bank Windhoek and Erongo Marine Best Cash Asset Manager: M&G Namibian Money Market Fund Old Mutual Namibia Money Market Fund Standard Bank Namibia Money Market Fund Best Overall Asset Manager: Sanlam Investment Management General Equity Fund Hangala Capital Absolute Balanced Fund NAM Coronation Balanced Plus Fund Best Balanced Asset Manager: Hangala Capital Absolute Balance Fund NAM Coronation Balanced Plus Fund M&G Namibian Balanced Fund Best Incubation Manager: Mumi Investments Sisedi Investments Best Start-Up: Sigmotec – Innovative signal monitoring technology for farmers GreenTeam Consultants – Revolutionising well water extraction and treatment Lynkwise – Cutting-edge payroll deduction management platform The Namibia Top Company Awards are more than just an annual event; they represent a celebration of the relentless spirit of excellence and innovation within Namibia's corporate community. This inaugural event has set a high benchmark, promising to become an annual tradition that highlights the best in Namibia's business sector. The Brief and Cirrus Capital, in a joint statement, expressed their elation at hosting the event, congratulating all the winners and nominees. They emphasized the event's significance in showcasing Namibia's business landscape's excellence and innovation, eagerly anticipating next year's ceremony, which promises to be an even grander celebration of success and innovation.
FLYNAMIBIA DECEMBER 2023
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