insert_link Local Bank Windhoek SME recovery loans assistance clocks N$ 200 million On Monday, 20 May 2024, Bank Windhoek’s Head of Small and Medium-sized Enterprises (SME), Financial and Data Analytics, Bianca Janse Van Vuuren, announced that the Bank has fully utilised the N$ 200 million allocated under the Small and Medium-sized Enterprises (SME) Economic Recovery Loan Scheme, of this amount N$ 192 million is already disbursed, with the remaining N$ 8 million approved pending disbursement. Van Vuuren said that […] todayMay 21, 2024 48
insert_link Business / Economics SME Focus – 5 March 2024 Director of SME Compete, Danny Meyer, talks about the state of the SME sector in the country - with specific reference to the recently tabled National Budget. https://iono.fm/e/1412545 todayMarch 6, 2024 13
insert_link Business / Economics Budget 2024-2025 Review: Building Resilience for Growth and Diversification By Josef Kefas Sheehama A number of controllable reforms must be implemented in addition to the macroeconomic framework. Prudent and credible monetary and fiscal policy, a sound financial system, and adherence to the law are the cornerstones of economic growth. To do this, bold measures must be taken to boost confidence, encourage investment and the creation of jobs, lessen economic inequality, and remove regulatory obstacles. First and foremost, I would […] todayMarch 4, 2024 11
Africa Tech-savvy Africans are hedging against inflation by going digital By Conrad Onyango, bird story agency The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […] todayFebruary 19, 2024 18
insert_link Africa 10 ventures announced for the Africa Tech Summit Nairobi 2024 investment showcase Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 […] todayJanuary 19, 2024 12
insert_link Africa Mozambique: EIB Global and Moza Banco provide €20 million to grow women-led businesses The EIB Global and Moza Banco initiative, as part of the EU’s Global Gateway strategy, will offer financing for small and medium-sized businesses in Mozambique, with a focus on businesses owned or run by women. Women are less likely to be able to access appropriate finance for their business, and the EIB-Moza Banco facility will address that financing gap. The project will support economic growth, […] todayDecember 21, 2023 36
insert_link Namibia NaCC completes probe into Namib Mills’ for refusal to supply poultry products to SMEs By Ishmael Mukubonda The Namibian Competition Commission (NaCC) has completed investigations on Namib Mills for allegedly refusing to supply poultry products to small and medium enterprises. The commission received complaints that the company refuses to sell poultry products including chicken liver, gizzards, meat, eggs and chicken necks to SMEs, saying it has a permanent buyer for those products. In an exclusive interview with Nampa recently, NaCC analyst, Lovisa Nghishe said […] todayDecember 12, 2023 21
insert_link Business / Economics SMEs are key to fighting unemployment and enhancing economic growth By Josef Kefas Sheehama SMEs play a crucial role in Namibia’s economic growth and development, especially when it comes to the creation of jobs which remains a significant problem across the country. The significance of the SME sectors in Namibia cannot be ignored as they provide livelihoods and incomes for a large population of the country, most of whom are self-employed of which more than half are women. The SME sector […] todayDecember 6, 2023 11
insert_link Business / Economics The Alexforbes Lead Story – 30 November Danny Meyer is the Director of local consultancy firm SMEs Compete that helps Namibian small and medium enterprises (SMEs) grow business, create wealth and generate employment. In this interview he tells Angie why SMEs are so vital to the economy and why they should receive a lot more support. https://iono.fm/e/1386256 todayDecember 1, 2023 16