WINDHOEK: The 2024 Old Mutual Sustainable, Economic and Empowerment Drive (OM SEED) initiative has highlighted entrepreneurial excellence in the Ohangwena Region, recognising innovative businesses and remarkable people ready to improve their communities.
This year’s competition, which aims to promote economic growth and empowerment, resulted in the recognition of three entrepreneurs equipped to have a long-term effect.
Mignon du Preez, Old Mutual Namibia’s Group Marketing, Public Affairs, and Sustainability Executive, made the announcement on Tuesday in Windhoek and emphasised the importance of OM SEED.
She stated that it is inspiring to see how Ohangwena entrepreneurs are applying their skills to build long-term enterprises, adding that their success tales are a source of hope and progress for the entire country.
‘Seeing these entrepreneurs’ unique solutions and passion strengthens our trust in entrepreneurship’s ability to impact lives and communities. OM SEED is here to support their travels,’ she said
.
Juso Mwandingi, the founder of Keuduneko Joinery and Trading CC, a joinery business that turns lumber into quality furniture, led the winners and received N.dollars 50 000.
Mwandingi’s firm is defined by his passion and skill. He expressed his enthusiasm, saying that receiving the OM SEED first award is a major achievement for him.
‘This grant will enable Keuduneko to increase our workshop and product offerings. We are committed to providing high-quality furniture that meets the needs of our community,’ he said.
Peneyambeko Kashimba, the creative genius of PLB Investments, won the second award of N.dollars 30 000. Her tailoring business specialises in making bedsheets and curtains.
Kashimba expressed her gratitude, noting that this incentive represents a tremendous boost for PLB Investments.
‘With OM SEED’s assistance, we will increase our production capacity and improve the quality of our products. Our goal is to contribute to the growth and development of our region through beautifully crafted home
textiles,’ she explained.
Velasia David, the entrepreneur behind EN Winning Trading CC, received the third award of N.dollars 20 000. David’s farm specialises in agriculture and is well-known for providing high-quality crops that help to ensure local food security.
‘Being honoured by OM SEED is a great honour. This win will allow EN Winning Trading CC to grow its farm and increase its agricultural production,’ she stated.
Since its inception in 2022, OM SEED has reached six regions, and by 2025, it aims to cover all 14 regions, empowering entrepreneurs across Namibia with funding, mentorship, and incubation support.
Source: The Namibia Press Agency