30 Oct 2015 18:40pm
OTJIWARONGO, 30 OCT (NAMPA) The Namsov Community Trust (NCT) on Friday donated N.dollars 500 000 to the Otjozondjupa Regional Governors office for it to distribute to community projects in the region.
NCT Project Coordinator, Jamilla Jacobs and her assistant, Anne-Marie Molatudi, handed over the money and boxes of tinned fish produced by Namsov Fishing Enterprises to the Otjozondjupa Regional Governor, Otto Ipinge.
Jacobs made a brief corporate presentation of Namsov to Ipinge before handing over the donations.
She said Namsov is managed by a competent Board of Trustees.
Managing Director, Jan Arnold founded the fishing company under Namsov Fishing Enterprises in 1991.
The NCT has a 10 per cent share in Namsov Fishing Enterprises and has the mandate to distribute an allocate amount to various community projects in the 14 regions through each regions governor office.
So far, Namsov has assisted in providing welfare solutions to over 600 community projects in the country and this is the Otjozondjupa Regions turn, Jacobs said. The trust was recently in the Kvanage East and West regions and will be visiting the Ohangwena Region in the near future to conclude the delivery of donations to the 14 regions for this year.
Identifying and selecting the community projects involves a criteria set by NCT that is implemented through the governors offices, which are responsible for performing work on the ground in the regions.
Molatudi urged Ipinge to distribute the money to the needy community projects in the region before February 2016.
I am saying so because in February 2016, Namsov wants to give you another N.dollars 500 000, and a third one in 2017, she said.
On his part, Ipinge said a committee that will deal with the distribution of funds donated by Namsov is already established.
He said the committee includes him as the chairperson, the Otjozondjupa Regional Councils Directorate of Planning, regional heads of Government ministries from Industrialisation, Trade and SME Development; Home Affairs and Immigration; Sport, Youth and National Service; and Gender Equality and Child Welfare amongst others.
He assured that the established committee will support community projects that submit sound business applications to his office.
Ipinge said community projects that benefit from the Namsov donation will not receive hard cash, but will be asked to make quotations for goods they want to buy, so that the committee can release the funds to the suppliers of the needed goods, thereby ensuring the money is spent responsibly and in valid interests for the development of communities.
All types of community projects are encouraged to enquire for more information from the Otjozondjupa Regional Governors office and submit their applications.
Ipinge said the committee will be also compelled to compile reports and forward them to Namsov on how the funds will be utilised.
Namsov is the main operating company of Bidfish under Bidvest Namibia. The Namsov Community Trust acquires its funds from dividends paid out to shareholders, with interest in beneficiaries focused on education and community projects that create employment opportunities, generate income and develop communities within Namibias 14 regions.