Trade Ministry denounces scam on social media

03 Jun 2019 18:20pm
WINDHOEK, 03 JUN (NAMPA) – Deputy Minister of Industrialisation, Trade and SME Development Lucia Iipumbu on Monday cautioned the public against false information doing the rounds on social media promising assistance to entrepreneurs.
“News that the ministry is awarding financial grants worth US.dollars 13 million to deserving businessmen and farmers in the country with the aim of promoting local investment and entrepreneurs is a scam and fake news,” Iipumbu at a press conference here said.
She said the deceptive information that keeps resurfacing in the public domain is aimed at misleading innocent and vulnerable Namibian SMEs and entrepreneurs.
“The ministry does not offer such grants and distances itself from that document containing such malicious information by dubious and unscrupulous elements of society,” she said.
The ministry also expressed regret that a major development partner, the European Union, is mentioned in the false notice.