Oshakati to spend 44% on erven

The Oshakati town council is planning to spend 44% of its 2019/20 budget to ensure that land is serviced in order for the council to generate more funds.This was announced during the tabling of the council's 2019/20 N$241.6-million budget. Council also indicated that the town's revenue has increased by 5% compared to 2017/18 financial year.In a budget statement read by the mayor Angelus Iiyambo, council's revenue increased from N$228.73 million in 2017/18 financial year to N$241.70 million last year. “The increase is attributed to the sales of erven, and rates and taxes. During this financial year, our total expenditure is estimated at N$241.7 million representing a 5% increase. The difference between total revenue and total expenditure records a surplus of N$2.354 million during the financial year 2019/20,” announced Iiyambo.“The total revenue is expected to come from council operations inter alia, assessment rates, sales of erven and other crucial services rendered by council. The biggest portion of the budget, N$106.9 million, representing 44%, will be allocated to capital projects, followed by an operational budget of N$87.7 million, which represents 37%, while salaries and wages are the last expenditure of N$47.1 million, representing 19% of the total budget.”Iiyambo said that the projects to be covered during this fiscal year are not all necessarily income-generating by nature, but added that there is a need to keep a balance between revenue-generating and non-revenue generating projects so as to address sustainable operations in the long term. He said the council therefore needs to adjust the tariffs for self-sustainable development, taking into account that the annual inflation rate is estimated at 5%. He said the council will adjust tariffs on average with 5%.He said in order to enhance the quality of life for all the people in Oshakati, the council has apportioned N$22.5 million to capital projects including the servicing of ultra-low income areas like the Onawa and Ombumpu townships. “These funds will be used to service Onawa to enable council to relocate residents from informal settlements to a formal area. As from next month, the council is determined to relocate Eemwandi residents to Onawa, an indication that the council is ready to reduce informal settlements in town.“An amount of N$26 million is earmarked for tarring of roads in Oshakati while N$58 million would be invested into other infrastructure like a water tower, sewer pump stations, surveying, office expansion and bulk services just to mention few of them,” announced Iiyambo.ILENI NANDJATO

Oshakati to spend 44% on erven

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Namibian Sun 2026-09-24

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Oshakati to spend 44% on erven

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Namibian Sun 2026-09-24

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