Namibia Economic Growth Summit

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The ones who are called to prayer understand the significance of the call. Since many Nambians believe the importance of this and we are a nation of diversity, understanding, tolerance and freedom, maybe others should just respect this for once. Nothing will be lost to anyone.

Great panel discussion at the Employment Creation Seminar. #NamEconomy2019 #HLPNE2019 facebook.com/GrowthNamibia/…

Employment Creation Seminar Live! #HLPNE2019 m.facebook.com/story.php?stor…

The main objective of the Employment Creation Seminar (16 September 2019) is to identify bottlenecks in terms of policy, education and training, incentives including legislation or otherwise that hinders employment creation in the country. #HLPNE #GrowthNamibia

🙌🏽 Lets do this!

Finally! I hope they do a in depth root analysis of our population and represent us well. I'm tired of the current narrative that's being portrayed

The high level panel announced earlier today that US$3,4 billion dollars has been raised so far, exceeding their US$1 billion dollar target. Of this, N$20 billion has already been verified. #NamEconomy2019 #GrowthSummit #HLPNE

That was it from the final day of the summit that saw 882 registered participants of them including 106 international. #NamEconomy2019 #GrowthSummit #HLPNE2019

In closing, the high level panel announced that they have US$3,4 billion dollars has been raised so far by the High Level panel and this far exceeds their US$1 billion dollar mark. Of this they have already N$20 billion is already verified. #NamEconomy2019 #GrowthSummit #HLPNE

This is for certain categories of Namibian companies, in line with of Clause 69 of the Public Procurement Act, 2015 (Act No. 15 of 2015). #NamEconomy2019 #GrowthSummit #HLPNE2019

It was recommended to the Industrialization and Finance ministries to empower local construction companies to enable them to compete on a levelled playing field with foreign companies by establishing a Fidelity/Guarantee Fund and reserving specific projects. #NamEconomy2019

The high level pane recommended to Government to design a National Brand Development Strategy to review and build a strong Namibian brand. Cabinet agreed that Branding and Promoting Namibia should be adopted by the Namibian Government. #NamEconomy2019 #GrowthSummit #HLPNE2019

Cabinet agreed on PPP, however, such partnerships should be referred to general principles of PPP rather than to specific projects. #NamEconomy2019 #GrowthSummit #HLPNE2019

PPP is believed to be able mitigate some of these shortcomings, accelerate project implementation and inject additional funds into the economy. #NamEconomy2019 #GrowthSummit #HLPNE2019

On Public Private Partnership, the high level panel recommended to Government to consider the PPP model. For the procurement of complex large projects such as those of more than N$ 250 million and with a lifespan of more than 10 years to leverage state assets to unlock liquidity

Cabinet directed that the scheme be suspended for a period of one year to allow the Ministry of Agriculture, Water and Forestry to thoroughly review the scheme and establish incentive to discourage exportation of life stock on the hoof. #NamEconomy2019 #GrowthSummit #HLPNE2019

On Small Stock Marketing Scheme, the high level panel found that the 1-1 ratio - on slaughering and exporting relationship has not produced the intended results and should therefore be abolished. #NamEconomy2019 #GrowthSummit #HLPNE2019