Trade Minister Calls on Private Sector to Address SME Funding Challenges

 

By: Dolly Menas

 

Minister of Industrialisation and Trade Lucia Iipumbu has urged the private sector to develop funding mechanisms, especially tailored for Small and Medium Enterprises (SMEs), addressing the challenges they face in accessing finance.

Responding to parliamentarian Maximalliant Katjimune’s motion to investigate obstacles surrounding SME financing in Namibia, Iipumbu emphasised the need for the private sector to adapt their requirements to meet the specific needs of MSMEs.