Informant? promotes entrepreneurship

The Week's Newspaper

Written by Informante Writer

Wednesday, 04 May 2011 21:27

TRUSTCO Group Holdings Board of Directors has reiterate its encouragement entrepreneurship and community journalism. Instead of fading into oblivion, Informanté will rise to the challenge to create employment and ease the burden of poverty, the Board said adding “Our loyal readers have implored us to continue speaking for the voiceless masses, and we heard you”.
The Board said the newspaper would be entering a new phase and would become even bigger and better and most importantly promote entrepreneurship in the country.
The Board said Informanté was constantly innovating, consistently breaking barriers, and hence they had come up with a novel solution to turn valuable information into monetary value for all who hold in their hands a copy of the Informanté newspaper.
“From 7 April 2011 Informanté became legal tender, permitting the bearer to seek compensation for the distribution of his or her copy of the newspaper. Therefore, each owner of a copy of Informanté will have the privilege to sell their copy for a price anywhere between N$1 and N$30.”
The Board said by deepening its value, the newspaper will support those who are in need of income and will encourage entrepreneurship amongst its bearers.
“The newspaper will compete vigorously with the rest of the media industry to maintain its top spot as the widest distributed newspaper.”
The Board decided that the newspaper will still be distributed for free, but will afford those who will get hold of its copies an opportunity to sell it at any fee between N$1 and N$30.
Group MD, Quinton van Rooyen was earlier quoted as saying, “In our small way we would like to support entrepreneurship and wealth creation amongst ordinary citizens and make a measurable contribution to the alleviation of poverty and unemployment.”
While centres around the country have been distributing the newspaper free of charge to readers, reports have reached the Trustco that newspaper vendors have been selling the newspaper for the past two years for N$1 or more.
“I know of a young man who sells about 900 Informanté newspapers weekly at the Government Office Park, that’s N$900 in his pocket,” van Rooyen recalled. “Now we’ll make it official for him to use his negotiation and entrepreneurial skills to bargain for a reasonable price per copy.”
Informanté is also to going to encourage community journalism giving individuals in the various regions of the country the opportunity to write about any newsworthy stories accompanied by pictures.
“The newspaper will pay N$1 per word for a lead story, 50 cents per word for an inside story and up to N$250 for a good quality picture. A good story will at least have no more than 500 words,” explained Nghidipo Nangolo, Editor in Chief of Informanté.

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Last Updated on Thursday, 05 May 2011 10:53