Namibia: SMEs Key to Urban Development

The social upliftment of disadvantaged communities is only possible when money is invested in the business initiatives of local communities, says Santos Joas, executive director of the Urban Trust of Namibia.

"The best way to invest in a locality is by investing in small business so that the money circulates, as long as possible, within the community. In this way, local people benefit rather than only concentrating on attracting foreign or big investors that take money out of the community," Joas says.

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