SME

30 06, 2021

I WANT TO TALK A BIT ABOUT … ACCOUNTING

2021-06-30T10:49:20+00:00 June 30th, 2021|NEWS|

“What advantages does he derive from the system of book-keeping by double entry? It is among the finest inventions of the human mind; every prudent master of a house should introduce it into his economy.” ― Goethe What is it? Where did it come from? How did it become so complicated? Is it even [...]

17 05, 2021

STANDARD BANK JOINS CREDIT GUARANTEE SCHEME, OFFERS 60% COLLATERAL REDUCTION FOR QUALIFYING SMES

2021-05-17T08:15:27+00:00 May 17th, 2021|NEWS|

Photo Caption: Standard Bank’s Enterprise Direct Manager, Felicia Jooste, has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60% for qualifying SMEs. Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of [...]

15 01, 2021

DEVELOPMENT BANK OF NAMIBIA TO LAUNCH KFW-SUPPORTED COVID-19 BUSINESS RELIEF LOANS

2021-01-15T07:52:07+00:00 January 15th, 2021|NEWS|

Development Bank of Namibia (DBN) has announced that it will launch Covid-19 business relief loans on 18 January 2021. The Bank will provide finance equivalent to 3 months up to a maximum of 6 months working capital for enterprises affected by Covid-19. The term of the loan will be [...]

21 09, 2020

DEVELOPMENT BANK SHOWCASES SKILLS-BASED FINANCE FOR YOUNG ARTISAN

2020-09-21T09:06:46+00:00 September 21st, 2020|NEWS|

Photo Caption: Rens Shilongo a young artisan and owner of automotive enterprise Mekemo Trading received skills-based finance for young artisans to purchase tools and equipment that will assist it to expand its business. The company employs four mechanics and two panel beaters. [...]

14 05, 2019

BRINGING SMALL-SCALE MINERS, GEMSTONES AND TOURISTS TOGETHER

2019-05-14T06:30:55+00:00 May 14th, 2019|NEWS|

Industrialisation, Trade and SME Development Minister Tjekero Tweya says small-miners are among the poorest socio-economic groupings in Namibia and are finding it increasingly difficult to raise capital to fund new ventures. Tweya made this observation at the launch of the pilot phases of the Namibia Mine Stones project on Sustainable Jewellery Production and the [...]