As the election day draws close in Namibia,a number of high profile companies have pledged their continued financial support to the South West People Organisation Party(SWAPO).
According to Namibia Today, the reputable companies that are predominately white owned have opted to render their financial assistance to SWAPO because they believed Namibia had a good political climate that was suitable for continued investment.
Director of Hangeneni Investment Holdings Leevi Hungamo said that since the country attained independence, Namibia had an ideal climate that fostered and boosted entrepreneurship.
''Since Independence, Namibia has been a safe haven for business and entrepreneur spirit,''said Hungamo.
He reaffirmed the companies committment in ensuring that the ruling party was financially assisted through strategic fundraising venutures and donations to boost its financial base.
Mr.Hungamo said the various companies were determined in ensuring that the ruling party carried the day adding that this would only be possible if they were able to vigorously reach out to different parts of the country with a solid financial base.
The Technical Services Branch(TSB)in the Ministry of Agriculture and Co-operatives in Northern province will soon embark on building an irrigation infrastructure worth K500million.
ReplyDeleteKasama Technical Officer Steven Musonda said that government had approved the release of funds to commence the works in Lukulu north in Kasama district.
Musonda said the irrigation project will enable farmers to cultivate their various crops throughout the year in order to increase food security.
It is envisaged that the project will be completed at the end of this year.
The irrigation project will provide water to farmers in the community and is expected to see increased crop production and food security.