The Annual Matutura Cultural Festival is fast becoming one of Swakopmund's biggest informal marketplaces.

For local vendors, the festival offers more than just music and dance; it provides an opportunity to earn an income, grow small businesses, and turn creativity into cash.

Entrepreneurs hailed the ARAF trade fair at Usakos for providing a market for local products.

ARAF is a joint trade fair created by the Omaruru, Karibib and Usakos Town Councils to celebrate local entrepreneurship, micro- and small enterprises, corporates, agriculture and music.

21 youth in business from the |Khomas Region's Windhoek West Constituency received income-generating equipment worth N$277,000.

The equipment aims to enhance their business and make income generation easier for them.

The informal sector is said to be the backbone of Opuwo's local economy, and it is for this reason that the Opuwo Town Council has vowed to continue supporting it by ensuring that it has proper infrastructure development. 

The Namibia Local Business Association (NALOBA) has expressed concern over the recent decision by NamWater to award a major water pipeline tender of N$237 million to a Chinese company.

NALOBA said NamWater bypassed competent local businesses.

Despite the start of the festive season, some small businesses have continued to operate during the holidays to meet their financial obligations before the start of the school academic year in January. 

nbc News reporter, NH !Noabeb, visited some small businesses in the capital to see how they are doing.