Thursday, 13 November 2014

Manufacturers observe year of successes

The Namibia Manufacturers Association (NMA) last week celebrated two years of recharged activity, hosting its second annual manufacturer’s awards along with its annual general meeting.

At an event attended by Minister of Trade and Industry Calle Schlettwein, the forum reported on another successful year in facilitating collaboration between public and private-sector players in developing manufacturing as a key national development goal.

Such activities included talks around ongoing efforts to secure locally produced products with preferential government procurement, tackling high utility costs and getting retailers to procure locally manufactured products.
“No country, especially those with open economies or those that are part of a regional integration programme, can take for granted that her manufacturing capacity is secure,” Schlettwein said in his keynote address at the NMA’s gala dinner on October 23.

“De-industrialisation is a constant risk, and policies need to be maintained and strengthened to prevent the reversal of gains since independence.”

In terms of Namibia’s fourth National Development Plan (NDP4), the manufacturing sector is expected to grow from N$21 billion in 2012.

That year’s figure represented 53% of the country’s total exports, Schlettwein said, 49% of which were food products and beverages, and another 13% which consisted of refined zinc and blister copper. Read More....

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