Oshikoto council offers helping hand to start-ups

Oshikoto governor Penda Ya Ndakolo recently handed over ‘income-generating materials’ to start-ups and microenterprises in the region. This included fencing materials, sewing machines, salon equipment and welding material, depending on the operational needs of each business.He said the handover demonstrates government’s commitment to strengthening small businesses in the region.“When micro businesses are assisted, they will gain the capability to grow, create much-needed employment and contribute to local economic growth,” he said.The benefitting enterprises are tailoring business Kapex Trading in the Eengodi constituency, Toini Hair Salon in Onayena constituency, Grace Hair Salon in Omuthiya constituency, welding business George Project in Tsumeb constituency and crop-farming business Uukumwe Project in Omuntele constituency.Make the most of itSmall businesses in the region were invited to submit applications for possible assistance. A regional technical committee was then set up to evaluate the applicants.“I advise you to make the best use of this time, the materials and equipment you will receive today to expand your business. Your projects will be monitored by the technical officials for the first three years to assess how your business is doing. If you do not perform, the materials and equipment will be returned and be given to other businesses that are prepared to work hard and expand their operations,” he said.Working togetherThe regional council office allocated N$100 000 to small businesses, which is aimed to help enterprises with the potential to grow, but which lack critical materials, Ya Ndakolo said. “These microenterprises find it difficult to access loans from commercial banks due to lack of collateral. If not assisted, the dream to stimulate our regional economy, create employment, eradicate poverty and keep businesses booming within our region will not be realised,” he said. Ya Ndakolo also used the platform to urge donors, development partners and businesses to work closely with his office as well as the ministry of industrialisation and trade to assist microenterprises. “Through working together, we can grow our economy through small business development,” he said. Ya Ndakolo further urged business owners to keep an eye on his office’s social media pages and regional councillor offices for opportunities that may arise.

Oshikoto council offers helping hand to start-ups

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Namibian Sun 2025-04-03

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Oshikoto council offers helping hand to start-ups

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Namibian Sun 2025-04-03

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