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President Pohamba commends private sector

The Government of the Republic of Namibia views the private sector as a critical partner in the social and economic development of the country.
Speaking at a special presidential dinner at the trade fair centre in Ongwediva earlier this week, President Hifikepunye Pohamba said it is for this reason that the government continues to put measures in place to create a favourable environment for the business sector to grow and invest in the Namibian  economy.
“This is being done through public investment in physical and communication infrastructure. Hence, we have constructed roads, bridges and railways to serve as catalysts for trade and commercial activities throughout the country,” he added.
The dinner was hosted by Oshana Region and the members of the business community and was attended by various high ranking government officials including the former President, His Excellency, Comrade Sam Nujoma and the Prime Minister, Dr. Hage Geingob.
He further said that it is also being done through other policy measures such as the improvement of business registration procedures, tax relief for businesses, the review of the Foreign Investment Act of 1990, the review of the public tendering regulations and the introduction of a National Industrialisation Policy.
“These policy measures are focused on making sure that our country becomes more productive and more competitive. Productivity is vital for the better performance of our economy and the profitability of business enterprises. This will in turn allow businesses to grow and create more jobs for our people and thereby combat unemployment and poverty,” he added.
The President also informed the business community about the Fresh Produce Hub which he inaugurated in the town a fort-night ago. The government invested more than N$100million in the construction of the facility.
He said that the Fresh Produce Hub is intended to provide a ready market for the producers of vegetables, meat and fish. A similar facility was also inaugurated recently in Rundu.
Pohamba urged local farmers to make full use of this facility and contribute to the government’s aim to reduce the importation of fruits and vegetables from other countries.
“Success requires proper planning and hard work. Our business community must therefore plan and work hard, with an eye to a better future. That is the way to take Namibia towards the realisation of our national development priorities and Vision 2030.” he added.
He also commended the business community for the positive role that they continue to play in the  society.
“I know that many of you are supporting worthy causes and provide support to the vulnerable members of our society. We recognise and acknowledge this important role. Keep up the good work. I trust that you will all have an enjoyable and memorable 23rd Independence Anniversary,” he said.
This year’s Independence Day celebrations will be  celebrated at the Oshakati Stadium.

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