Trade Minister promises SMEs Government support

OSHAKATI: The Minister of Trade and Industry, Calle Schlettwein says the government will continue to implement practical policies aimed at encouraging investment, industrialization and economic growth.
Schlettwein said this at Oshakati whilst addressing the Oshakati Town Council-organized business breakfast meeting held at the town on Friday.
He told those in attendance that the government will also continue to put measures in place to support the local small and medium enterprises (SMEs) so that they can become more profitable and effectively participate in the country’s mainstream economy.
“In this context, mechanisms have been put in place to ensure that local businesses especially the SMEs access tenders for the provision of services and implementation of government funded development projects,” Schlettwein stated.
Public tenders for provision of services and implementation of government funded development projects, Schlettwein said, are accessible through the SME Bank of Namibia and the Development of Namibia.
He reminded the business people that Namibia is still a de facto colonial economy which consumes what it does not produce and produces what it does not consume.
He referred to finished goods and intermediaries as what Namibia consumes from outside and raw materials such as minerals, fish and agricultural products as what the country produce but does not consume.
“Without economic development, without food security, without value addition and benefaction of our raw materials, without full employment, without wealth creation and more equalized wealth distribution our Vision 2030 will remain illusive and meaningless,” the Trade and Industry Minister noted.
He went on to say the Namibian nation has no choice but to industrialize and to continue devising strategies to defend and sustain local and upcoming manufacturers to grow at home.
Speaking at the same meeting, chairperson of the Namibia Chamber of Commerce and Industry (NCCI) Northern Branch, Tomas Iindji took cognizance of the government’s effort of developing the Industrial Policy.
“The Industrial Policy underpins in particular the pivotal role of the SMEs with regard to job creation and indigenous growth,” Iindji cited.
During his visit to the Oshana Region, Schlettwein also paid a familiarization visit to the Ongwediva Fresh Produce Hub and the Ondangwa Tannery on Friday afternoon.
(edited)OSHAKATI: The Minister of Trade and Industry, Calle Schlettwein says Government will continue to implement practical policies aimed at encouraging investment, industrialisation and economic growth.
Schlettwein said this at Oshakati whilst addressing a breakfast meeting hosted by the Oshakati Town Council on Friday.
He told those in attendance that Government will also continue to put measures in place to support local small and medium enterprises (SMEs) so that they can become more profitable and effectively participate in the country’s mainstream economy.
“In this context, mechanisms have been put in place to ensure that local businesses, especially SMEs, access tenders for the provision of services and implementation of Government-funded development projects,” Schlettwein said.
He noted that public tenders for the provision of services and implementation of Government-funded development projects are accessible through the SME Bank and the Development of Namibia.
He reminded the business people that Namibia is still a de facto colonial economy which consumes what it does not produce and produces what it does not consume.
The minister referred to finished goods and intermediaries as what Namibia consumes from outside and raw materials such as minerals, fish and agricultural products as what the country produces, but does not consume.
“Without economic development, without food security, without value addition and benefaction of our raw materials, without full employment, without wealth creation and more equalised wealth distribution, Vision 2030 will remain illusive and meaningless,” the Trade and Industry Minister noted.
He went on to say Namibia has no choice but to become industrialised and to continue devising strategies to defend and sustain local and upcoming manufacturers to grow at home.
Speaking at the same meeting, chairperson of the Namibia Chamber of Commerce and Industry (NCCI)’s northern branch, Tomas Iindji took cognisance of Government’s efforts to develop an Industrial Policy.
“The Industrial Policy underpins in particular the pivotal role of SMEs with regards to job creation and indigenous growth,” Iindji said.
Schlettwein also paid a familiarisation visit to the Ongwediva Fresh Produce Hub and the Ondangwa Tannery on Friday afternoon.

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