Shaanika calls for policy reforms for faster growth in SMEs

17 Mar 2015 15:40pm
WINDHOEK, 17 MAR (NAMPA)- More still needs to be done in the areas of policy reform in order to realise a faster growth and diversification for the Small and Medium Enterprises (SMEs) sector.
The Namibia Chamber of Commerce and Industry's (NCCI) Chief Executive Officer (CEO) Shaanika made this remarks on Monday during a one-day workshop for NCCI Branch Managers and Enterprise Development Specialists.
Shaanika said there is need for such efforts in order to facilitate and support the growth of all-important SMEs sector.
“SMEs are the pillars of our economy and everything we can do must be done to ensure that these pillars are strengthened,” he said.
He stated that current challenges facing SMEs include access to funding, access to skills, inadequate support from the market, outdated legislations, poor access to modern and competitive technologies.
Shaanika said the Ministry of Trade and Industry and other stakeholders has been doing a lot in supporting SMEs in the country to grow.
The NCCI will soon kick-off with a roll out of its Enterprise Development Programme (EDP), which is designed to fill such gaps and address key challenges facing the sector.
“Our branches will schedule and organise training sessions for SMEs in their areas of jurisdiction, targeting to develop skills in identified areas through regular training need assessments,” he said, adding that the training will be conducted by ED Specialists.
Shaanika said they have a target of five hundred (500) SMEs to be supported with training countrywide.
“We would like to draw the 500 from all our fourteen (14) regions and the deployment of our ED Specialists has been done in a manner that can cover the whole country,” he explained.
He further stated that the NCCI want to make major improvements in the quality of services both in public and private sectors of Namibia's economy.
“We must benchmark our services to the services provided in other markets for us to achieve global competitiveness,” he said.