Oshikuku Annual Trade Fairgala dinner raises over N$500 000

The Oshikuku Annual Trade Fair gala dinner hosted at the town on Saturday raised an amount of N$517 470.

Among the pledgers are First National Bank, which pledged the highest amount with N$40 000, Kambwa Trading with N$20 000 and Rani Group of Companies with N$15 000.

The trade fair is slated to take place from 26 October to 2 November at the Young Star Sports field under the theme ‘Oshikuku: creating opportunities for socio-economic growth for investors’.

Speaking at the gala dinner, Oshikuku Town Council mayor Julia Endjambi said the trade fair is a promotional platform.

She said the trade fair’s objectives are to market the town for investment opportunities, create a trading platform for the business community, showcase entrepreneurial innovations and enhance economic activities at the town.

“This is in line with the council’s mandate of creating a conducive environment for business and investment. This year’s theme speaks to the council’s aim, which is to promote and make Oshikuku known so that it attracts investors,” Endjambi said.

Endjambi said investments at the town would have a meaningful impact on the socio-economic situation of the town and, ultimately, the lives of the people.

“It is the council’s commitment to see to it that the Oshikuku Annual Trade Fair becomes an annual feature that continues to grow and attract attention for the town, and through that, make opportunities available for investments,” she said.

At the same event, Endjambi also launched the council’s strategic plan for the 2023/24 to 2027/28 period.

“This is a guiding document that will direct and guide the council’s operations for the next five years. Through this document, the council aims to transform the town of Oshikuku into a residential hub of the Omusati region,” she said.

Speaking at the same event, deputy minister of information and communication technology Modestus Amutse said the government has started optimising the Universal Service Fund that seeks to cater for areas where Mobile Telecommunication Limited and Telecom Namibia cannot cater due to poor economic factors.

“That is where as a government, through our ministry and our stakeholders, we decided that we cannot leave out our people who are in such areas that are not economically viable for other entities to set up networks,” Amutse said.