12 Mar 2016 14:20pm
OSHAKATI, 12 MAR (NAMPA) - Always be on the lookout for growth, grow and refuse to remain a small business, Dr Frans Aupa Indongo says.
He made the remarks in a statement read on his behalf during the inauguration of an open market named after him here on Friday.
President Hage Geingob officiated at the event witnessed by hundreds of people from all walks of life.
Indongo said his wish is for the open market to assist the many traders doing their businesses there as the foundation of a business with potential for greater prosperity.
Namibias success and prosperity largely depends on how we develop and grow our businesses, especially at a micro entrepreneurial level, he said.
Indongo, who himself started small, reminded small and emerging entrepreneurs that starting small in a business is never shameful and that it is always important.
He encouraged traders to aspire towards growth and graduate from the open market to reach greater heights.
Indongo further thanked the Oshakati Town Council for honouring him in naming the open market after him, saying he did not expect such a privilege.
Anyone would greatly appreciate suddenly receiving news that an open market in the area where you started your baby steps in business, would be named after you.
Indongo started a small brick manufacturing business in the same area over five decades ago and eventually invested in a countrywide chain of supermarkets, and now owns property all over Namibia.
The open market is said to have taken about six years to complete and cost about N.dollars 90 million.
The new facility has a capacity to accommodate up to 500 vendors and is equipped with modern bathroom facilities and electricity sockets among others.