Industry

Oshana hosts first investment symposium

Summary

The Oshana leadership on Tuesday held the first-ever Oshana regional investment symposium at Oshakati for business people to share experiences amid COVID-19 and find solutions that would accelerate economic recovery activities in the region.Officiating…

The Oshana leadership on Tuesday held the first-ever Oshana regional investment symposium at Oshakati for business people to share experiences amid COVID-19 and find solutions that would accelerate economic recovery activities in the region.

Officiating at the one-day event, Oshana Region Governor, Elia Irimari said many businesses in the region are still experiencing a slowdown as a result of the COVID-19 outbreak and as such, the regional leadership continues to engage about investment solutions for the region.

“My message today is plain to encourage you, as business owners, to press on and continue fighting for the sake of our economic recovery,” Irimari cited.

The governor said if people in the region continue with their concerted efforts, they can devise local solutions to accelerate the recovery of the economic activities in the region.

He pointed out that entrepreneurs are well-versed with the fact that someone has to provide finances for growth to spur, adding that experience has shown that domestic investment and wealth creation opportunities can only be sustained with the local businesses taking a lead.

“Hence this discourse to continue empowering local enterprises and implement the growth at home strategy,” Irimari stated.

For these reasons, he said, the regional leadership engaged MUMI Investment Managers to share with the Oshana people as far as investment, financial stability, wealth creation and sustainable development are concerned.

MUMI Investment Managers is a 100 per cent Namibian-owned company with an agenda of utilising and nurturing local investment skills through asset management industry transformation.

It was represented by Mike Mukete, whose presentation at the symposium mainly focused on the promotion of local investment as well as creating and building generational wealth.

Captains of industry and senior officials of the regional and local authorities from all over the Oshana Region participated in the symposium.

Source: Namibia Press Agency