Karibib plans sale of 100 plots

The Karibib Town Council is set to generate more than N$403 000 from the sale of 100 unserviced plots earmarked for development by Karibib Housing Development (Pty) Ltd.

This is contained in a notice published in a local newspaper yesterday.

“The Karibib Town Council intends to dispose of the unimproved erven by way of private treaty in terms of Section 63(2), read together with Section 30(f) of the Local Authorities Act 23 of 1992, as amended,” the notice states.

Anyone wishing to object to the proposed sale has until 30 June to submit their objections to the council’s chief executive, Tangeni Enkono.

The plots, located at Usab Extension 6, range in size from 300 to 1 500 square metres and are designated for single residential use. Prices range between N$3 000 and N$4 700 per plot.

Confirming the sale, Karibib mayor Davey van Wyk says the council was approached by mining company Osino Resources, which required land for housing its employees.

“The council entered into a joint venture with Osino (funder) and Development Workshop Namibia (DWN) to collaborate on land delivery.

“The council is providing the land, while DWN is responsible for servicing it. The council will then generate revenue from the sale of the plots,” he says.

DWN is a Namibian non-governmental organisation established in 2016 and focuses on sustainable urban development, poverty reduction, and improving livelihoods in disadvantaged communities, particularly those affected by rapid urbanisation and informal settlement growth.

Van Wyk says servicing the land independently would have placed a significant financial burden on the council.

“During the 2026/27 financial year, the council received only N$500 000, which is insufficient. We, therefore, have to explore alternative ways of delivering land,” he says.

A total of 300 plots have been identified for the project. Of these, 100 will be allocated to Osino Resources, while the remaining 200 will be made available to the community.

The servicing cost of the 200 community plots is estimated at N$60 000 in total.

“The mining company preferred to provide funding while DWN handles the servicing and construction of houses for workers. The council’s role is limited to providing the unserviced land and receiving proceeds from the sale,” Van Wyk explains.

He adds that DWN has developed a model, now being implemented with several local authorities, that enables residents to access land at more affordable prices.

Van Wyk also notes that the council works with B2Gold, Osino Resources and Fin Fit Investments on infrastructure development and support programmes for micro, small and medium enterprises.


Latest News