27 Sep 2018 17:00pm
SWAKOPMUND, 27 SEP (NAMPA) - Swakopmund is hosting its first-ever mini Small and Medium Enterprise (SME) Expo for upcoming businesses from across the country.
The expo, which was officially opened by Erongo Governor Cleophas Mutjavikua on Thursday, is an initiative of Nangula Nashandi, who is an entrepreneur herself.
Nashandi said she wanted to provide a platform for SMEs to showcase their potential, create business relationships and expand their scope for innovation.
More than 300 exhibitors are taking part in the expo, which ends on Saturday.
Mutjavikua congratulated Nashandi and noted the importance of SMEs contribution to Namibias economy.
He said the expo puts the SME sector in the limelight and gives it the exposure it deserves.
All SMEs represented here today have enormous potential for growth and it is this potential that makes them critical to the governments economic transformation agenda, he said.
The governor also said capacity building within the sector should be prioritised.
Businessman Dr Erastus Chicco Shapumba, who is the main sponsor of the event, told the entrepreneurs relationships with like-minded individuals are crucial to the success of any business venture.
It is my hope that the exhibitors will use this as an opportunity to network and engage meaningfully with each other, the public and potential investors, he said.
The expos patron, Miss Namibia 2018 Selma Kamanya, urged the entrepreneurs to be resilient during these hard economic times and to look out for untapped opportunities and strengthen businesses with the right partners.
As the country faces a recession, now more than ever, businesses and entrepreneurs should make maximum use of exhibiting and trading platforms, Kamanya said.