Source: RBZ underscores role of SMEs in economy – herald Nelson Gahadza SMALL and medium enterprises (SMEs) continue to anchor economic growth and...
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- NAMIBIAN.COM.NA - A la Une - 13/07/2024 08:28
The Impact of Late Payments on SMEs and the Economy
Small and Medium Enterprises (SMEs) form the backbone of many economies worldwide, including in Namibia. They contribute significantly to economic growth, job creation, and poverty alleviation, particularly among the youth. However, despite the government’s efforts to promote SME development, a critical issue continues to undermine their sustainability: Delayed payments from government ministries and public institutions. […]
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