Namibian entrepreneurs are urged to take advantage of the newly introduced Mining Inputs Database to discover business prospects within the sector.
The database was launched at the mining expo and conference held in the capital.
The Mining Inputs Database will create opportunities for entrepreneurs to engage in the mining sector by offering the necessary services and inputs.
The database offers detailed information on consumption patterns, import specifics, and quantities and assists in facilitating the supply of the needed services and goods.
The Minister of Mines and Energy, Tom Alweendo, expressed confidence in the quality of the data provided and emphasised the importance of timely updates to the database.
"To make sure that we have up-to-date data to make it possible and for people to have integrity and to be able then to bid for what is available, the second success factor for me is innovative entrepreneurship. It is one thing to say we can provide the goods and services that are needed, but it's another how are we going to make those goods and services? How are we going to go about it? Are we going to be efficient enough? Are we going to be sustainable in supplying these services? We need to be innovative as entrepreneurs. The last thing we want to see is for Namibian entrepreneurs to go and buy inputs from outside the economy and bring them into the country, which initially does not help anyone but contributes to the resilience of the economy because of other industries."
The project is also a tool for diversifying the economy, with a focus on increasing local business participation.
The Chief Executive Director of the Namibia Investment Promotion and Development Board, Nangula Uaandja, stated that the team will support the Mines and Energy Ministry and the Chamber of Mines in promoting the database to Namibians.
The database is developed by Tara Nawa Computer Software Solutions.