Nedbank Namibia's Managing Director, Martha Murorua, has urged local businesses to align their recovery programs with those of the government aimed at reviving the economy.

Murorua made these remarks at a Nedbank economic breakfast panel discussion in Swakopmund.

The discussions centered around the budget, tabled by the Minister of Finance and Public Enterprises, Ipumbu Shiimi.

Political office bearers, regional and local council technocrats, bidders, and the general public in the ||Kharas Region will now have a better understanding of the Code of Good Practices on Preferences of the Public Procurement Act.

This is made possible by the Ministry of Finance and Public Enterprises, which is hosting a four-day training on the Act.

The Code of Good Preferences, as defined in the recently amended Public Procurement Act, aims to grant exclusive preference to local suppliers through the reservation of certain procurement goods, works, and services.