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4-Traders Homepage  >  Equities  >  NAMIBIAN STOCK EXCHANGE  >  FNB Namibia Holdings Ltd    FNB   NA0003475176

FNB NAMIBIA HOLDINGS LTD (FNB)
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FNB Namibia : Junior mountain bike team selected

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09/22/2017 | 06:08am CET

Junior mountain bike team selected The 2017 FNB Schools' Mountain Bike final was held at Hollard Bike Park last Sunday.

Seventy children aged between six and 18 took part in the event.

The team selected to attend the Spur Schools' Mountain Bike final event in South Africa on 7 and 8 October consists of Marcel Holtz, Alex Miller, Hofmeyer van Blerk, Nicolaas Swart, Hugo Hahn, Dieter Koen, Justin Vosloo, Bergran Jensen, Cindy Rowland, Monique du Plessis and Mayvonne Swart.

Gordon Pokolo, sponsorship manager at FNB Namibia, said the FNB Namibian Schools' Mountain Bike League was held for the sixth consecutive year and had grown from a small group of dedicated cyclists to about 70 children per event.

“We have been part of this event since the beginning because we see the value of the sport, especially among the youth,” he said.

Pokolo added that FNB Namibia, through the FNB Namibia Foundation Trust, had spent more than N$1 million annually on sport development over the years in codes such as tennis, table tennis, rugby, soccer, netball and equestrian sport.

“This remains a priority, especially when looking after the health and well-being of young Namibians,” he added.

The Namibian league is open to all schoolchildren under the age of 18. The league consists of five race events. Riders collect points for both participation and race positions. These league points determine the category winners.

SPORT REPORTER

(c) 2017 | NMH Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Number of Analysts 0
Average target price 49,8  NAD
Spread / Average Target 6,8%
Managers
NameTitle
Sarel Jacobus van Zyl Chief Executive Officer & Executive Director
Inge Ingenesia Zaamwani-Kamwi Chairman
Louis Potgieter Chief Operating Officer
Oscar Lionel Pereira Capelao Chief Financial Officer & Executive Director
Garth Kleintjes Chief Information Officer
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