NHE to construct 50 houses at Okahao
NHE to construct 50 houses at Okahao

NHE to construct 50 houses at Okahao

Kenya Kambowe
The National Housing Enterprise (NHE) will construct 50 houses for low- and middle-income groups at Okahao in the Omusati Region.

This was announced on Friday at the ground-breaking ceremony at Okahao where the minister of urban and rural development, Peya Mushelenga, was the keynote speaker.

Mushelenga, who commended NHE for their tremendous efforts in addressing the housing situation in the country, also gave instructions that the maximum prices for the houses not exceed N$500 000.

“The majority of people in Namibia are from the low-income group and public and private developers should endeavour to provide affordable houses for them,” Mushelenga said.

The houses are expected to be completed by October.

The NHE's CEO, Gisbertus Mukulu, said that NHE will continue to ensure that houses constructed by the state-owned enterprise are affordable.

Mukulu said that NHE's main purpose is not to make profit, but rather to provide affordable housing to their clientele.

“Our houses should be affordable, we do not want to take this for granted, because if houses we build are too expensive, that will defeat the purpose of providing quality and affordable housing to our people.

“I can however confidently tell you that NHE has always been the provider of the most affordable houses on the market. I think you would agree with me on this. Our houses have to be affordable because we are mandated to cater for low- to middle-income earners, as dictated by the NHE Act,” Mukulu said.

Mukulu however also used the opportunity to point out the difficulties they have in terms of acquiring land from local authorities to construct houses.

“It is a pity that in some local authorities we struggle to get land, which is a prerequisite before we talk of anything else,” Mukulu said.

Thus far NHE has constructed 75 houses in Okahao of which 55 were constructed through the Mass Housing project.

Mushelenga also inaugurated the Okahao Technical Business Centre which promotes small and medium enterprise development.

The centre, constructed in two phases, cost about N$9.5 million.

KENYA KAMBOWE

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Namibian Sun 2024-04-25

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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$ 2 332.49/OZ UP +0.70% | Copper US$ 4.51/lb UP +1.78% | Zinc US$ 2 867.60/T UP 0.22% | Brent Crude Oil US$ 88.84/BBP UP +0.96% | Platinum US$ 914.94/OZ UP +1.42% Sport results: Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth | Arsenal 5 vs 0 Chelsea LaLiga: Sevilla 2 vs 1 Mallorca SerieA: Udinese 1 vs 2 AS Roma | AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna European Championships Qualifying: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United English Championship: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United Weather: Katima Mulilo: 15° | 34° Rundu: 15° | 34° Eenhana: 15° | 35° Oshakati: 17° | 34° Ruacana: 17° | 35° Tsumeb: 18° | 33° Otjiwarongo: 14° | 31° Omaruru: 17° | 34° Windhoek: 15° | 29° Gobabis: 17° | 31° Henties Bay: 15° | 21° Wind speed: 22km/h, Wind direction: S, Low tide: 10:02, High tide: 04:02, Low Tide: 22:08, High tide: 16:27 Swakopmund: 15° | 16° Wind speed: 27km/h, Wind direction: SW, Low tide: 10:00, High tide: 04:00, Low Tide: 22:06, High tide: 16:25 Walvis Bay: 15° | 23° Wind speed: 35km/h, Wind direction: SW, Low tide: 10:00, High tide: 03:59, Low Tide: 22:06, High tide: 16:24 Rehoboth: 16° | 31° Mariental: 19° | 32° Keetmanshoop: 19° | 32° Aranos: 20° | 33° Lüderitz: 14° | 25° Ariamsvlei: 18° | 31° Oranjemund: 14° | 21° Luanda: 26° | 29° Gaborone: 18° | 31° Lubumbashi: 12° | 26° Mbabane: 15° | 20° Maseru: 12° | 26° Antananarivo: 14° | 26° Lilongwe: 14° | 27° Maputo: 20° | 27° Windhoek: 15° | 29° Cape Town: 16° | 24° Durban: 18° | 23° Johannesburg: 18° | 25° Dar es Salaam: 23° | 26° Lusaka: 18° | 29° Harare: 15° | 29° Economic Indicators: Currency: GBP to NAD 23.74 | EUR to NAD 20.39 | CNY to NAD 2.62 | USD to NAD 19.01 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.72 | RUB to NAD 0.21 | INR to NAD 0.23 | USD to DZD 134.41 | USD to AOA 834.06 | USD to BWP 13.85 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1277.03 | USD to ZAR 19.03 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 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$ 2 332.49/OZ UP +0.70% | Copper US$ 4.51/lb UP +1.78% | Zinc US$ 2 867.60/T UP 0.22% | Brent Crude Oil US$ 88.84/BBP UP +0.96% | Platinum US$ 914.94/OZ UP +1.42%