28
Feb
Martin Endjala The government has decided to step in to establish a microfinancing fund tailor-made to assist Small and Medium Enterprises (SMEs) as a result of limited funding for SME loan schemes by the Development Bank of Namibia and other challenges. The new plan was announced by Prime Minister Saara Kuukongelwa-Amadhila in Parliament earlier today. The Prime Minister was responding to a motion tabled by a member of the Popular Democratic Movement (PDM), Maximillian Katjimune. The motion is calling for an investigation into the bottlenecks around financing for SMEs in Namibia to unleash greater access and economic potential for the…