Deputy Minister of Sport, Youth and National Service Emma Kantema says Namibia’s small and medium enterprises (SMEs) face a daunting survival rate, with approximately 90% failing within their first five years. According to Kantema, Namibia’s SMEs comprise around 40,000 enterprises, supporting more than 200,000 jobs and contributing 12% to the GDP. However, many SMEs struggle […]
The post 90% of Namibian SMEs fail within first 5 years first appeared on The Brief | Namibia’s Leading Business & Financial News.
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