Windhoek pushes for increased revenue
OGONE TLHAGE
WINDHOEK
The City of Windhoek has set the ambitious target of raising its revenue to at least N$25 billion by 2025 and is banking on beneficial relationships with businesses, residents and academia.
The City intends to reach this milestone through the Windhoek Economic Recovery Initiative, council documents show.
The objectives of the initiative will be to prioritise job creation and facilitate job-creation projects between 2021 and 2025.
“To empower Namibian business initiatives, at least 60% will be reserved for Namibians while 40% will be reserved for international entities. Windhoek-based entities will be advantaged,” council documents show.
Jobs, jobs, jobs
The plan also involves creating to
5 000 new permanent jobs between 2021 and 2025 while the City would like its contribution to the national gross domestic product (GDP) to increase from 33% to 36% throughout the earmarked period.
“For the City to be able to recover economically, there must be ongoing discussions with the government, direct contact with organisations and individuals. The initiatives should be people - and business-focused if we are to grow Windhoek's economy,” the documents read.
Various forums will also come into play to help grow Windhoek's economy, according to the council.
Businesses, individuals and residents are invited to extend a helping hand to drive the City's intended future growth.
“The initiative recognises that there might be residents, businesses, entrepreneurs, academics or not-for-profit organisations who may have ideas that can solve the council's problems, improve the council's service delivery or create job opportunities.
“There is a need to take a bottom-up approach with the Windhoek Economic Recovery Initiative such as the Mayoral Business Forum, Special Ratings Areas and [the] Windhoek Economic Development Partnership,” the council said.
WINDHOEK
The City of Windhoek has set the ambitious target of raising its revenue to at least N$25 billion by 2025 and is banking on beneficial relationships with businesses, residents and academia.
The City intends to reach this milestone through the Windhoek Economic Recovery Initiative, council documents show.
The objectives of the initiative will be to prioritise job creation and facilitate job-creation projects between 2021 and 2025.
“To empower Namibian business initiatives, at least 60% will be reserved for Namibians while 40% will be reserved for international entities. Windhoek-based entities will be advantaged,” council documents show.
Jobs, jobs, jobs
The plan also involves creating to
5 000 new permanent jobs between 2021 and 2025 while the City would like its contribution to the national gross domestic product (GDP) to increase from 33% to 36% throughout the earmarked period.
“For the City to be able to recover economically, there must be ongoing discussions with the government, direct contact with organisations and individuals. The initiatives should be people - and business-focused if we are to grow Windhoek's economy,” the documents read.
Various forums will also come into play to help grow Windhoek's economy, according to the council.
Businesses, individuals and residents are invited to extend a helping hand to drive the City's intended future growth.
“The initiative recognises that there might be residents, businesses, entrepreneurs, academics or not-for-profit organisations who may have ideas that can solve the council's problems, improve the council's service delivery or create job opportunities.
“There is a need to take a bottom-up approach with the Windhoek Economic Recovery Initiative such as the Mayoral Business Forum, Special Ratings Areas and [the] Windhoek Economic Development Partnership,” the council said.
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