Public and private sector collaboration crucial

The Namibia Investment Promotion and Development Board (NIPDB) is mandated to promote Namibia as a lucrative investment environment both domestically and internationally.

29 July 2021 | Economics

Not only have we risen as a united front within our borders but we have also received assistance from the nations of the world. Margareth Gustavo, Spokesperson: NIPDB

The power of unity cannot be overemphasised. Indeed, Namibia has experienced, and is still experiencing the effects of a people united towards a common goal during the Covid- 19 pandemic. Various organisations have held hands, reminding the nation that for us to thrive as a people and for our economy to recover and prosper in the wake of Covid-19 devastation, two are indeed better than one and a three stranded cord cannot be easily broken.

According to Margareth Gustavo, executive for strategy and branding at the Namibia Investment Promotion and Development Board (NIPDB, Namibia has witnessed the public and private sectors join forces in an extraordinary manner with the goal to see the nation survive these challenging times and rise from the proverbial ashes of the pandemic.

“As a nation, we have shown our resilience by coming together as one body with many parts, recognising that no one can ‘go it alone’ during what has been dubbed an unprecedented global season,” she added.

“Not only have we risen as a united front within our borders but we have also received assistance from the nations of the world, specifically our development partners, in the form of donations and aid, particularly, medical supplies, protective clothing, vaccines, food, test kits, budget support pledges, medical and technical expertise and laboratory equipment, among others,” she said.

As the Namibia Investment Promotion and Development Board (NIPDB), “part of our mandate is to promote Namibia as a lucrative investment environment both domestically and internationally which includes facilitating collaborative roles between the government and the private sector to stimulate growth, expansion and development of the Namibian economy.”

Collaboration

“We have observed collaboration at its best during the pandemic and we would like to thank the public and private sectors as well as our development partners for their swift action when Covid-19 hit the world in 2020 and their collaboration during the peak of the pandemic this year. We would like to distinctively thank the following nations for their support during this time: Germany, Egypt, China, India, Japan, South Korea, the United Arab Emirates (UAE), Saudi Arabia, the European Union (EU), the United States of America, Finland, Belgium, Turkey, Malta, the Netherlands and Norway. We would also like to extend our gratitude to the Jack Ma Foundations for their donation of medical supplies,” she pointed out

A firm believer in the power of working together, His Excellency, Dr. Hage Geingob in his recent state of the nation address said, “To mitigate the consequences of Covid-19, we deployed a stimulus package of N$8.1 billion and supplemented that amount with an additional N$500 million intervention, specifically targeted towards Small and Medium Enterprises. These efforts illustrate the responsive intent of the government in partnership with the private sector, and reinforces my belief that when we hold hands as a nation, we stand a greater chance of success.”

“Covid-19 has shown what we can accomplish together and at NIPDB we envision continued partnerships that will aid in the recovery and progression of Namibia’s economy as we continue to navigate these challenging times and plan for the future,” she said.

The Namibia Investment Promotion and Development Board (NIPDB) is a non-profit Investment Promotion Agency (IPA) that was primarily created to promote Namibia as a lucrative investment environment both domestically and internationally. NIPDB was incorporated under Section 21 of the Companies Act (28 of 2004). It was established as an autonomous entity in the Presidency, and is declared a Public Enterprise in accordance with Section 2 of the Public Enterprises Governance Act (Act No. 1 of 2019).

Similar News

 

Vehicle prices locally on a rising trend

14 hours ago | Economics

PHILLEPUS UUSIKUGlobal shipping constraints and reduced production, resulting in delayed imports, are some of the factors that are driving up vehicle prices in Namibia.According to...

Save the economy by getting vaccinated

14 hours ago | Economics

STAFF REPORTERSpeakers at the ‘Pandenomics’ webinar recently hosted by Nedbank Namibia and Simonis Storm, and supported by Nedbank Business Banking and Nedbank Private Wealth, have...

Public transport on a standstill in Eswatini

14 hours ago | Economics

Public transport remained at a standstill Sunday in Eswatini, in the latest protest against Africa's last absolute monarchy, rocked by a wave of pro-democracy demonstrations.Private...

South Africa weighs need to save climate

14 hours ago | Economics

SOFIA CHRISTENSEN AND GRIFFIN SHEAWhen you fly into Johannesburg, solar panels seem to gleam everywhere, from the roofs of mansions and small township homes alike.But...

Blue Economy policy consultations on the go

14 hours ago | Economics

[email protected] BAY Consultative workshops with various stakeholders for the development of Namibia's sustainable Blue Economy policy are taking place across the country.The workshops are hosted...

The cost of living slightly under control

1 day - 18 October 2021 | Economics

PHILLEPUS UUSIKUDespite there being global supply constraints of goods, which is likely to fuel inflation, demand-pull inflationary pressures remain weak in Namibia due to consumers...

Supply chain crisis snags recovery

1 day - 18 October 2021 | Economics

MATHILDE DUMAZETClosed factories, clogged ports, no truck drivers up and down the global supply chain there are problems, raising concerns that it could disrupt the...

US donates J&J doses to African Union

1 day - 18 October 2021 | Economics

STEVE HOLLANDPresident Joe Biden told visiting Kenyan President Uhuru Kenyatta that the United States will make a one-time donation of more than 17 million doses...

South Africa, EU hold ‘intense talks’

1 day - 18 October 2021 | Economics

The European Union and South Africa are in “intense talks” on how to increase the availability of vaccines to developing countries, potentially breaking a year-long...

Tax debates in Nigeria could fuel violence

1 day - 18 October 2021 | Economics

PATRICK MARKEYA legal battle between Nigeria's government and states over sales tax is fuelling fierce debate about federalism in Africa's most populous country as politicians...

Latest News

Vehicle prices locally on a...

14 hours ago | Economics

PHILLEPUS UUSIKUGlobal shipping constraints and reduced production, resulting in delayed imports, are some of the factors that are driving up vehicle prices in Namibia.According to...

Body found in Kavango River...

14 hours ago | Crime

KENYA KAMBOWE RUNDUThe body of Engidius Kayanguya (35) from Rundu’s Sauyemwa township was found floating in the Kavango River last Monday with...

Church, civil society butt heads...

14 hours ago | Health

JEMIMA BEUKES WINDHOEKThe Voices for Choices and Rights Coalition wants abortion to be legalised up to the seventh month of pregnancy,...

PHOTO OF THE WEEK

14 hours ago | Picture Gallery

Miss Namibia 2021, Chelsi Shikongo, and her runner-up, Annerrie Maré, both received cars to help them fulfil their duties. For the first time since Pupkewitz...

Blowing out somebody else’s candle...

14 hours ago | Youth

Emilie MandumeThe ‘We Care’ project was established under the School of Destiny Association (SODA) Consultancy and launched in February 2021. The initial aim is to...

The learners of Pro-Ed Academy...

14 hours ago | Opinion

Ceara SinclairI’m a grade 8 learner and I like to make bullet points on my notes as it helps me remember stuff easily. I also...

Save the economy by getting...

14 hours ago | Economics

STAFF REPORTERSpeakers at the ‘Pandenomics’ webinar recently hosted by Nedbank Namibia and Simonis Storm, and supported by Nedbank Business Banking and Nedbank Private Wealth, have...

Isolation rape case transferred to...

14 hours ago | Justice

ADOLF KAURE SWAKOPMUNDGlenn Clifford Leister (27) made another brief appearance before the Swakopmund Magistrate’s...

EDITORIAL: Open-minded debate needed

14 hours ago | Opinion

The current abortion debate is filled with emotion, often revolving around moral, legal and religious arguments.The sides involved are the self-described "pro-choice" and "pro-life" movements....

Load More