8 COLUMNS Germany assisting in Namibia’s industrialisation onday this week was frica Industrialisation ay. Within the framework f the Second Industrial evelopment Decade for roclaimed 20 November as frica Industrialization Day resolution 44/237). The ay is intended to mobilise he commitment of the interational community to the ndustrialisation of Africa. The important contribuion of inclusive and susainable industrialisation in elping Africa to overcome ts critical development hallenges is clearly recogised in the 2030 Agenda for ustainable Development. he Sustainable Developent Goal 9 calls to build romote sustainable inustrialisation and foster nnovation. While Namibia’s per apita income of USD t an upper-middle income roblems of high unem- reat social inequality. To he country needs urgently ore jobs in order to proide people with better ncomes. Germany supports the overnment of Namibia in mplementing the policies amibia Financial Sector trategy (2011-2021) and he current National Deelopment Plan 2017/18 o 20121/22 (NDP5). For overnment has committed million euros or N0 illion in the framework f our bilateral development ooperation for the period ebruary 2015 - March 018 alone. This project focuses n growth strategies for elected economic sec- ystems development and apacity development in the nstitutions involved. It is omplemented by a related roject for the promotion f vocational education and raining. Led by the Ministry nd SME Development ct has analysed selected alue chains within the economy that demonstrate high growth potential. After Minister Immanuel Ngatjizeko’s launch of growth strategies” at the end of 2016 the ministry with German support now implements key interventions with private and public stakeholders to tap into that potential. The main target-groups of the support are small and medium-sized enterprises (SMEs) in all regions of Namibia. To ensure the ben- - public and private sector Namibia Chamber of Com- the Namibia Manufacturers and the Namibian Employ- - Namibia Statistic Agency and the Local Economic Development Agency. Project activities include business management product development and the introduction of new technologies. The Namibia Investment Center (NIC) receives support in devising strategies to increase foreign direct investments that encourage new enterprises and business growth. The automotive sector has been selected for a pilot investment promotion strat- project is encouraging a more conducive business of processes and access to local and regional markets. businesses and sectors in the country. Public-private dialogue is similarly impor- the Namibia Trade Forum (NTF) in facilitating such sector consultations. especially SMEs. In this foreseen in the Namibia Financial Sector Strategy (NFSS). To support these - Financial Institutions Su- - and others in adopting and implementing regulations (e.g. the Consumer Credit Financial Institutions and The project also contributes to the development of SMEs such as a venture cap- scheme and a grant facility challenges impeding access Financial Literacy Initiative (FLI) hosted by the Ministry of Finance (MoF) continues tion to both the general public and SMEs in view to The German Cooperation Project on Promotion of Competitiveness is expected to have a positive impact on the income level and employment creation of growth-oriented busi- and informal sector. Substantial groundwork has - survey is institutionalised and provides business data for effective public-private dialogues (PPDs) and economic reform activities. NSA operates a stateof-the-art data-processing centre and provides reliable data for policy development and subsequent measurement of their impact. The was established under the MITSMED to provide even intellectual property rights and the registration of businesses e.g. via a web-portal. A Local Economic Development Agency was port services in particular to towns and municipalities. The review of the SME Policy of 1997 has led to the new National MSME Policy launched in November 2016. Ten sector growth strategies have be developed with MITSMED in 2016 for industries like agro-processing (Wood - - and Cosmetics inter alia. In 2017 a large number of concrete interventions has been implemented under a - distribution and service delivery. regulation for mobile pay- especially in rural areas. New regulations introduced an affordable basic bank account for lowincome households and micro-entrepreneurs. The Financial Literacy Initiative (FLI) provides basic than 150.000 Namibians have been reached and about 1.000 SMEs trained management. The FLI was fully institutionalised into the MoF. The platform is supported by more than 25 Platform Sup- vate and civil society sector who also share FLI’s budget the general population to from 47% to 65%. Germany stands ready to continue assisting and accompanying Namibia on its development path and in its fight against poverty. During our last government negotiations on Development Cooperation in September this year the German side has almost doubled its commitment to Namibia from almost 75 to more than 133 million euros or N.2 billion for the coming year. Of this or almost N million are earmarked for sustainable economic development including industrialisation. This shows that Germany remains committed to work with Namibia for a better future of its people. *Christian Matthias Schlaga Ambassador of the Federal Republic of Germany to the Republic of Namibia. In the past I have maintained that our education system needs solutions because it has not jelled much beyond the formative years of our republic since 1989. The challenges to our education reform and renewal have persisted and the quality of our education has not impressed much. Schools that were hitherto the cream of the crop has slipped in standards and some of the best school teachers have left the classroom in search of greener pastures. They have become adminis- astute business gurus or have retired to lifelong farming. Like many Namibians I support a large budget for education but seemingly this has not made our education output. Teachers throughout our school system battle to keep the process going because of declining discipline of the children take education for granted. And with teachers not having any weapon to instill go. Parents are at a loss as many lack direct contact with schools. There is limited connection between the class teacher and the parent. Many parents work a full day and do not have time to augment principals and the education system in general. Meet the children on their way to school. Many dress like regular night club dancers with both boys and girls their shirts hanging over skirts and trousers and hair in society. We seem to have shall overcome”. I have in the past maintained that education needs in Namibia do differ from region to region and from school to school in the same city and in the same region. Look at schools like Aukhaikas and Theo Katjimune in Katutura. They battle with and restrooms. They have no proper class rooms and teachers have no proper work spaces in which to prepare for classes or to consult quietly. Wednesday, November 22 2017 | NEW ERA The converse is true that of the art facilities and by Namibian standards most of them look like virtual hotels and modern guest houses. ties do not compensate for struggle to produce quality graduates. We made mistakes along the way when the state reduced pre-primary education to community centers. These programs had to operate without financial support those parents who could afford took their children to private pre-primary education programs and they made while those who could not afford left their children to rot in these sub-standard kindergardens that proliferated in our poor neighbor- and Agste Laan and others in broader Wndhoek to the north-west. Our education system is wanting and no amount of rationalisation will diffuse this reality. Education is the cradle for development in all its facets and leaving it to chance is not a tenable option. We cannot engineers unless our education system is intact. I hold the view that the government of Namibia has made some but I do not think that education can solely be left in the hands virtually run out of ideas to take us through the next phase of education reform and renewal. We must adapt strategies for education management and ad- the increasingly marginalized institutions in our society. We must consider extending the can spend more time in the school. Call for nominations! “Women Who Impacted 2017”. Question: Which Namibian woman made a positive change this year and how? Send the name of your nominee and a short summary of her accomplishment to email@example.com Closing Date: 30 November 2017 We want to hear from you! Contact Desie Heita Tel: +264 61 208 0800 for enquiries
NEW ERA Uber strikes deal to buy up to 24,000 self-driving Volvos Page 10 Maerua Mall opens new entertainment centre Page 11 INSIDE USINESS This news is your business Festive season street market for Katutura Market-orientated… Kaitoo Leather Works proudly displaying their products at a previous expo. Staff Reporter Windhoek Capricorn Group scooped the Regional Company Award at the Annual Integrated Reporting Awards of 2017, hosted by Chartered Secretaries Southern Africa in partnership with the JSE Limited at a ceremony held in Johannesburg on 15 November 2017. Almost 100 companies entered their Integrated Reports in ten categories of which Capricorn Group won the Regional Company category, a category won by a Swaziland-based company in 2015 and 2016. The Integrated Reporting Awards have been rewarding excellence in corporate reporting since 1956 by Chartered Secretaries Southern Africa, which is an independent professional body with an interest in good corporate governance and committed to promoting reporting excellence in southern Africa. The ceremony recognised the importance of integrated reporting and the information it provides to shareholders and stakeholders. The judges scored entries against a scoresheet similar to the Integrated Reporting (IR) Framework. “We are extremely proud that we have been honoured with this award, which is recognition that our 2017 Integrated Report, only our second that adheres to the International Integrated Reporting Council’s that includes our subsidiaries in Botswana and Zambia, is regarded as best practice in transparent communication with shareholders and other stakeholders. listed on the Namibian Stock Exchange, Capricorn Group believes Staff Reporter Windhoek that credibility is key to value creation. We believe that we are part of a bigger, interconnected global system. Our approach to being a responsible, regional and global citizen is built into the DNA of all our businesses in Namibia, Botswana and Zambia. “Our 2017 Integrated Report provides a holistic view of our group June 2017 and is primarily aimed at also takes a holistic and stakeholderorientated view of the social, environmental and governance aspects that are related to the group’s activities and performance”, said Marlize Horn, Group executive: brand and corporate affairs and chairperson of the group’s Investor Relations Committee, who accepted the award on behalf of the group. Although held annually, venues for Christmas Street Markets in Windhoek and in other towns around Namibia too, are usually the central festive season street market will take place right in the heart of Katutura later this month on Friday and Saturday. With the encouragement and support of German Development Agency GIZ, and in association with the Namibia Football Association (NFA) Girls Soccer Centre, SMEs Compete has conceptualised and will stage the event. “During the course of the year SMEs Compete has staged four events in Katutura, in partnership with GIZ and NFA Girls Soccer Centre”, says SMEs Compete’s Danny Meyer. “Two were structured to help novice, emerging and established entrepreneurs hone their business skills and the other two focused on fostering an enterprise culture among youth in greater Katutura area”, adds Meyer. “Then we thought why not introduce the Christmas Street Market concepts in Windhoek’s largest, oldest and internationally known Katutura”, asks Meyer rhetorically. Meyer says the NFA Girl Soccer SMEs Compete’s work as the social entrepreneurship entity has promoted entrepreneurship for over a decade now since it commenced operations on March 1, 2006. So, the Festive Street Market in Katutura affords small businesses an opportunity to over the festive season. In turn, for those looking for Christmas unique gifts for loved ones, family and friends, the NFA Girls Soccer Centre Festive Market will be just the include garments, footwear, curios, crafts, jewellery, accessories, children’s wear and As an added draw card and part of an overall strategy to promote entrepreneurship and foster an enterprise culture among Namibians, SMEs Compete will run six side events during the two-day event. This includes talks on making a business idea a business a reality, 10 steps to starting a business and graduating business from the informal to the formal sector. Meyer says there is space to accommodate should become a regular feature, taking place in Windhoek’s Katutura high-density suburb annually. In addition to enterprises from Windhoek, entrepreneurs from coastal and northern towns will be also be displaying their wares. Capricorn Group scoops regional integrated award Big award… Robert Likhang of Chartered Secretaries Southern Africa (left) and Marlize Horn, Bank Windhoek Group executive. WE WOULD LIKE TO HEAR FROM YOU Participate in our surveys and stand a chance to WIN a weekend away for two at any NWR Resort worth N$ 5000. Visit www.nepc.com.na to participate.