HOSTING of the Tsumeb Annual Copper Festival not only brings business people together, but also ensure that it advance the socio-economic development of the town.
This was revealed by Prime Minister Saara Kuugongelwa-Amadhila in a speech read on her on behalf, during the official opening of the 17th annual Copper festival that kicked of in Tsumeb on Thursday.
Kuugongelwa-Amadhila stated that the festival create an environment for businesses to thrive and grow and through that propel Namibia to real economic growth.
According to her, the Small and Medium Enterprise (SME) sector has a big role to play in growing the economy, as they not only contribute to nation’s Gross Domestic Product (GDP) but they pull vast sections of the population out of poverty.
“Such a platform is needed by the youth mostly as they make up a big chunk and they remain the future generation. It is therefore important that we encourage our youth to make use of this platform to network, innovate and reach customers in a fast changing global business environment,” she said.
Kuugongelwa-Amadhila noted that the government will continue to support private business in Namibiabto propel it to a level where it can play its role as the engine for growth.
Speaking at the occasion Vice President and Managing Director for Dundee Precious Metals Zebra Kasete, called on Namibia to do all they can to keep the industry strong for it to continue to realise sustainability opportunities in the country.