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DEVELOPMENT: Ondangwa pleads for investors.
DEVELOPMENT: Ondangwa pleads for investors.

Ondangwa CEO highlights investor-friendly environment

Kenya Kambowe
Ondangwa CEO Ismael Namugongo says the local authority has created a conducive environment for investors to establish thriving businesses.

He said Ondangwa has ample land available for investors who wish to set up manufacturing businesses, adding that the northern town intends to become industrialised to boost the local economy and address high unemployment among the youth.

Namugongo made these remarks in an exclusive interview with Ewi lyaNooli, highlighting development projects the town has completed and is currently working on.

Ondangwa's biggest project currently is the construction of a state-of-the-art sports facility, with an estimated budget of about N$250 million.

“We are saying we want to be an industrial town in the north. So all people who have the will and capacity to set up a manufacturing plant and start manufacturing in Ondangwa, you are welcome. We've got ample land for that,” Namugongo said.

Land for housing a priority

On the issue of land delivery and the construction of houses, Namugongo said that Ondangwa has availed land for housing projects over the years and will continue to do so.

“We have seen massive investment in terms of property development, private property development in Ondangwa over the years,” Namugongo said.

“That shows you the potential that we have in this town. So if you are an investor out there, a homeowner out there who wants to stay, you're welcome to stay in Ondangwa," he said.

He added that the town has "massively invested in land availability, massive investment in the building of the houses, and massive investment also in the low-cost housing projects that we have here.

“In December alone, we have given out a lot of land for people to build – low-income earners to build their houses for free, for that matter. But we are also not [neglecting] the other parts of the working class. So we are catering for both.”

Namugongo also referenced the Andimba Toivo ya Toivo Airport in Ondangwa, noting that it distinguishes Ondangwa from other towns.

Regarding youth upliftment, the Ondangwa Trade Fair Centre is always hosting various trading events, including the annual Ondangwa Trade and Industrial Exhibition, which hosts corporate companies, SMEs and thousands of visitors.

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Namibian Sun 2024-07-02

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Rugby World Cup U20: Wales U20 34 vs 41 New Zealand U20 | South Africa U20 57 vs 7 Fiji U20 | Australia U20 35 vs 11 Georgia U20 | Ireland U20 55 vs 15 Italy U20 | England U20 40 vs 21 Argentina U20 | France U20 49 vs 12 Spain U20 Katima Mulilo: 11° | 30° Rundu: 12° | 32° Eenhana: 12° | 32° Oshakati: 13° | 30° Ruacana: 13° | 30° Tsumeb: 15° | 27° Otjiwarongo: 8° | 27° Omaruru: 9° | 27° Windhoek: 7° | 24° Gobabis: 8° | 27° Henties Bay: 10° | 18° Wind speed: 21km/h, Wind direction: S, Low tide: 06:44, High tide: 13:07, Low Tide: 18:54, High tide: 01:19 Swakopmund: 13° | 16° Wind speed: 23km/h, Wind direction: S, Low tide: 06:42, High tide: 13:05, Low Tide: 18:52, High tide: 01:17 Walvis Bay: 11° | 21° Wind speed: 25km/h, Wind direction: S, Low tide: 06:42, High tide: 13:04, Low Tide: 18:52, High tide: 01:16 Rehoboth: 7° | 25° Mariental: 8° | 23° Keetmanshoop: 8° | 21° Aranos: 8° | 25° Lüderitz: 11° | 20° Ariamsvlei: 9° | 21° Oranjemund: 9° | 18° Luanda: 20° | 22° Gaborone: 10° | 26° Lubumbashi: 11° | 28° Mbabane: 11° | 27° Maseru: 6° | 18° Antananarivo: 6° | 21° Lilongwe: 15° | 27° Maputo: 15° | 30° Windhoek: 7° | 24° Cape Town: 12° | 15° Durban: 15° | 24° Johannesburg: 12° | 19° Dar es Salaam: 23° | 31° Lusaka: 14° | 27° Harare: 12° | 24° Currency: GBP to NAD 23.54 | EUR to NAD 19.97 | CNY to NAD 2.56 | USD to NAD 18.59 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.77 | ZWL to NAD 0.04 | BRL to NAD 3.28 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.17 | USD to AOA 862 | USD to BWP 13.66 | USD to EGP 48.11 | USD to KES 127.98 | USD to NGN 1504.9 | USD to ZAR 18.62 | USD to ZMW 23.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1772.61 Down -1.31% | Casablanca Stock Exchange (CSE) MASI 13245.01 Down -0.44% | Egyptian Exchange (EGX) 30 Index 27985.89 Up +0.06% | Botswana Stock Exchange (BSE) DCI 9374.78 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$ 2 329.40/OZ DOWN -0.0013 | Copper US$ 4.43/lb UP +0.37% | Zinc US$ 2 935.80/T DOWN -0.18% | Brent Crude Oil US$ 87.15/BBP DOWN -0.002 | Platinum US$ 996.29/OZ UP +1.97% Sport results: Rugby World Cup U20: Wales U20 34 vs 41 New Zealand U20 | South Africa U20 57 vs 7 Fiji U20 | Australia U20 35 vs 11 Georgia U20 | Ireland U20 55 vs 15 Italy U20 | England U20 40 vs 21 Argentina U20 | France U20 49 vs 12 Spain U20 Weather: Katima Mulilo: 11° | 30° Rundu: 12° | 32° Eenhana: 12° | 32° Oshakati: 13° | 30° Ruacana: 13° | 30° Tsumeb: 15° | 27° Otjiwarongo: 8° | 27° Omaruru: 9° | 27° Windhoek: 7° | 24° Gobabis: 8° | 27° Henties Bay: 10° | 18° Wind speed: 21km/h, Wind direction: S, Low tide: 06:44, High tide: 13:07, Low Tide: 18:54, High tide: 01:19 Swakopmund: 13° | 16° Wind speed: 23km/h, Wind direction: S, Low tide: 06:42, High tide: 13:05, Low Tide: 18:52, High tide: 01:17 Walvis Bay: 11° | 21° Wind speed: 25km/h, Wind direction: S, Low tide: 06:42, High tide: 13:04, Low Tide: 18:52, High tide: 01:16 Rehoboth: 7° | 25° Mariental: 8° | 23° Keetmanshoop: 8° | 21° Aranos: 8° | 25° Lüderitz: 11° | 20° Ariamsvlei: 9° | 21° Oranjemund: 9° | 18° Luanda: 20° | 22° Gaborone: 10° | 26° Lubumbashi: 11° | 28° Mbabane: 11° | 27° Maseru: 6° | 18° Antananarivo: 6° | 21° Lilongwe: 15° | 27° Maputo: 15° | 30° Windhoek: 7° | 24° Cape Town: 12° | 15° Durban: 15° | 24° Johannesburg: 12° | 19° Dar es Salaam: 23° | 31° Lusaka: 14° | 27° Harare: 12° | 24° Economic Indicators: Currency: GBP to NAD 23.54 | EUR to NAD 19.97 | CNY to NAD 2.56 | USD to NAD 18.59 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.77 | ZWL to NAD 0.04 | BRL to NAD 3.28 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.17 | USD to AOA 862 | USD to BWP 13.66 | USD to EGP 48.11 | USD to KES 127.98 | USD to NGN 1504.9 | USD to ZAR 18.62 | USD to ZMW 23.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1772.61 Down -1.31% | Casablanca Stock Exchange (CSE) MASI 13245.01 Down -0.44% | Egyptian Exchange (EGX) 30 Index 27985.89 Up +0.06% | Botswana Stock Exchange (BSE) DCI 9374.78 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$ 2 329.40/OZ DOWN -0.0013 | Copper US$ 4.43/lb UP +0.37% | Zinc US$ 2 935.80/T DOWN -0.18% | Brent Crude Oil US$ 87.15/BBP DOWN -0.002 | Platinum US$ 996.29/OZ UP +1.97%