Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Oshikoto anchors hope on micro financing

Home Oshikoto Oshikoto anchors hope on micro financing

Obrein Simasiku

OMUTHIYA -Micro financing for women, youth and other entrepreneurs including those in the rural areas has been one of Oshikoto Region’s strong pillars in advancing economic development and withstanding the headwinds of the country’s dwindling economy.

This significant move, which was undertaken by various government ministries and organisations in funding small and Medium Enterprises, to a certain extent assisted in stabilising youth unemployment and poverty in the region.
This was indicated in the State of the Region Address (SORA) delivered by the Oshikoto Governor Henock Kankoshi.
Kankoshi highlighted that eight income generating projects in rural areas from different constituencies received a collective funding of N$528 846 facilitated through the micro finance programme. A further funding of N$187 550 from the Ministry of Urban and Rural Development was disbursed to potential entrepreneurs, for employment creation purposes.

“The region consistently strives to enhance economic development mainly through the Constituency Development Committees’ Regional Development Coordination Committee (RDCC). In addition, N$634 616 was funded through the Rural Employment Scheme among the constituencies, with an aim of empowering previously disadvantaged groups such as the women and marginalised communities,” stated Kankoshi.

He could however, not provide the exact figures of how many jobs have been created so far.
In terms of successes, Kankoshi applauded the good educational system in the region, citing adult literacy rate, which is at 91.2 per cent, as well as the grade exceptional performance that the region has been topping since 2008.

He also indicated that crime is manageable with only 487 cases, but bemoaned the high rate of Gender Based Violence, which recorded a highest number of cases of 211; and blamed this on the use of alcohol.
In contrast to the achievement, Kankoshi noted the region is still faced with an alarming number of teenage pregnancies, which stands at 16 per cent.

“Equally, we are still facing social challenges, among such is the forgery of documents, unregistered deaths and lack of national documents among the youth and children. A situation which negatively affects them on benefiting from social grants,” further stated Kankoshi.

In terms of infrastructure he pointed out telecommunication as a major problem as the vast region is still without network towers, while on the issue of resettled farmers, Kankoshi said, 19 farming units do not have functional water supply.

“Lack of sufficient water on the farms has resulted in low productivity for small scale crop farmers, and this does not only affect production but both human and animals,” he said.

Furthermore, he expressed happiness with development in various constituencies and towns, saying much has been done, citing the completion of electrical, sewer and water reticulation systems which were completed, as well as the construction of gravel roads at Oshivelo and Onayena settlements.

“I can proudly and with confidence although being challenged by the global economic downturn, say that the region made significant impact in terms of the critical focus areas, among such the provision of potable water through connection of pipelines, and the Nehale LyaMpingana Constituency office which was completed and now functional,” he concluded.