Economic Briefs

Saving power * A Germany-based energy saving company, Uni Technik is exhibiting its uni-power control systems technology that saves power for street lamps at the 2008 Windhoek Agricultural and Industrial Show currently under way.

A representative of the company, Frank Hartleb, told Nampa on Wednesday that the basic principle is based on voltage reduction within the scope of the specification bulbs. According to Hartleb, savings in operation with uni-power control technology prolong the life of the lamp from one to two years.The resulting cycle of greater exchange of bulbs is another potential savings in materials, maintenance and servicing, he said.- Nampa UDF on economic progress * United Democratic Front (UDF) MP Michael Goreseb said the reason behind the slow economic progress of the country is the difficulty in proper implementation of economic programmes.Goreseb was contributing to the debate on poverty, hunger and disease in National Assembly on Wednesday.”It is due to hunger and poverty people flee to towns in search of a better life.Local authorities cannot cope with this huge influx of people from rural areas,” he said.”Poverty, given its close relationship with food insecurity, poor health and nutrition, and lack of education, results in people falling short of their human potential,” he added.- Nampa Swapo MP applauds entrepreneurs * Swapo Party MP Juliet Kavetuna has called for the public and private sector to recognise and appreciate the ability of upcoming entrepreneurs.Kavetuna said this while tabling a motion on the economic empowerment of the Namibian people in the National Assembly on Wednesday.She said upcoming entrepreneurs need to be given opportunities to develop and create references through winning tenders and other assignments with incentives.NCCI’s new SME handbook * The Namibia Chamber of Commerce and Industry (NCCI) is promoting and selling its new Small and Medium Enterprises’ (SMEs) business handbook at the Windhoek Show.The manual, called a “Step-by-Step Approach to Starting and Running a Small Business Today”, is an initiative of the Association of SADC Chambers of Commerce and Industry.NampaAccording to Hartleb, savings in operation with uni-power control technology prolong the life of the lamp from one to two years.The resulting cycle of greater exchange of bulbs is another potential savings in materials, maintenance and servicing, he said.- Nampa UDF on economic progress * United Democratic Front (UDF) MP Michael Goreseb said the reason behind the slow economic progress of the country is the difficulty in proper implementation of economic programmes.Goreseb was contributing to the debate on poverty, hunger and disease in National Assembly on Wednesday.”It is due to hunger and poverty people flee to towns in search of a better life.Local authorities cannot cope with this huge influx of people from rural areas,” he said.”Poverty, given its close relationship with food insecurity, poor health and nutrition, and lack of education, results in people falling short of their human potential,” he added.- Nampa Swapo MP applauds entrepreneurs * Swapo Party MP Juliet Kavetuna has called for the public and private sector to recognise and appreciate the ability of upcoming entrepreneurs.Kavetuna said this while tabling a motion on the economic empowerment of the Namibian people in the National Assembly on Wednesday.She said upcoming entrepreneurs need to be given opportunities to develop and create references through winning tenders and other assignments with incentives.NCCI’s new SME handbook * The Namibia Chamber of Commerce and Industry (NCCI) is promoting and selling its new Small and Medium Enterprises’ (SMEs) business handbook at the Windhoek Show.The manual, called a “Step-by-Step Approach to Starting and Running a Small Business Today”, is an initiative of the Association of SADC Chambers of Commerce and Industry.Nampa