About 25 SME’s with business projects ranging from construction, carpentry and agriculture to hair salons received equipment from the Ministry of Trade and Industry under the continuous ministerial equipment aid scheme.
The equipment is intended to boost operations to create jobs and reduce poverty.
Speaking during the handover ceremony last week Friday, the Minister of Trade and Industry, Dr Hage Geingob, explained how the ministerial equipment aid scheme started.
“With disparities being high in our country, when we came into office we began to think outside the box. We decided on open days, when we invite people to come in without any appointments and have their ideas, questions and concerns raised. This has become a success in all the 13 regions and prompted us to create the programme of assisting SME’s with equipment,” said the trade and industry minister.
According to Geingob, in order to limit the misappropriation of aid money, the ministry only decided to buy equipment as opposed to giving money for equipment.
“We have decided that it is wise to buy equipment and hand it over to those who have applied and qualify rather than giving money. Those not getting anything should bear with us as the demand is very high,” Geingob said.
The programme, which has cost taxpayers N$14 million this year alone, has so far covered regions such as Omaheke, Oshikoto,
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