Author: Josef Kefas Sheehama (Josef Kefas Sheehama )

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Opinion – Revamped SME loan  scheme could fuel recovery
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Opinion – Revamped SME loan scheme could fuel recovery

The Bank of Namibia and the Ministry of Finance and Public Enterprises have re-launched the SME Economic Recovery Loan Scheme on 2 February 2023 with a share capital of N$500 million. The first scheme was launched in November 2020, but failed due to stringent qualifying criteria and the lack of well-represented information across the 14 regions.