- Speak your mind
- Friday, 03 February 2012 10:16
- Published Date
- Hits: 1726
David Nuyoma, CEO of the Development Bank of Namibia, discusses opportunities for entrepreneurship through public tenders.
Public procurement and the tendering process has jump-started many economies, and the same can be true for TIPEEG if entrepreneurs use the opportunities in a responsible manner.
In the course of 2011, public tenders became a matter of heated discussion in the public domain. These discussions centred on the shortcomings associated with the processes and other aspects related to the provision of services through public tender.
The debate also relates to the expectations of government policy through the Targeted Intervention Programme for Employment and Economic Growth (TIPEEG).
It is my view that it is time to look at this policy pronouncement as an opportunity to develop our country, and to provide much-needed infrastructure especially in poorly developed areas. We should also look at it as an opportunity for participation by those who wish to become entrepreneurs and meaningfully participate in the construction and development of our country.
TIPEEG is an opportunity that we should embrace responsibly and in an accountable manner. Countless countries that have taken advantage of public procurement systems were able to develop domestic industries, to supply goods and services and develop the necessary infrastructure for basic services such as schools, health facilities, roads and other public amenities as a result.
Market access is a key requirement for a successful business. Though it may sound basic, it is something that should not be taken for granted. Quite often, in fact, those in business have found it to be one of the most elusive elements.
The public procurement system provides a ready market, but for the system to work, those who participate in it should recognise that it requires responsibility and accountability.
Obtaining a public tender or contract should not be taken lightly. It should be seen as a privilege, as what is at stake is meeting the demand, and bridging shortfalls and backlogs, in the provision of goods and services, as well as developing infrastructure for society. So the aspects of quality and timely delivery are essential elements of public procurement.
The implication of taking short cuts - on quality and delivery - is delayed progress. This places a burden on society as people end up waiting and paying more for basic services. Imagine the damaging effect shoddy work and resultant delays have on communities in outlying areas in need of a clinic, for example. The same goes for the construction of roads and schools.
Getting a chance to participate in the public procurement process should never be viewed as an opportunity to get rich quickly, but rather as an opportunity to contribute meaningfully to societal development.
Naturally, there is benefit for the entrepreneur. With participation in public tenders, comes the opportunity to build up an asset base which is particularly important for emerging entrepreneurs. It is an opportunity to create wealth in a sustainable and meaningful way.
The profits derived from this opportunity should be applied wisely and reinvested in expansion and should help embed businesses that otherwise would have difficulty finding markets and that may end up having very short life spans.
- Articles In This Category
- Be a patriot, join Team Namibia (762 hits)Speak your mindNamibia’s main mobile network operator, MTC is calling on Namibian business entities to come on board and become members of Team Namibia. MTC a...“Cry seal” (1261 hits)Speak your mindDear sir, Namibia has for many years been a destination we have looked forward to travelling to, not only for its value, but especially for the...RDP denies manipulating striking teachers (647 hits)Speak your mindThe Rally for Democracy and Progress (RDP) denied claims made by Minister of Regional and Local Government, Housing and Rural Development, Jerry...Africa’s Position on EPAs Reiterated! (253 hits)Speak your mindI recently returned from Maastricht in the Netherlands, where I attended the 32nd Board Meeting of the European Centre for Development Policy...Speak your mindAn unknown author once said any man can become a dad but it takes a special man to become a father. As 09 June, the one day Fathers around the world...Speak your mindDear sir, One of the reasons why Namibia has not recognised the Libyan interim government was because “...there was neither a Head of State nor...Take a look through my eyes (434 hits)Speak your mindI had a major operation, it only lasted 3 hours and it was virtually “free”. To me, the whole procedure seemed no longer than a blink of an eye....What benefit in Infant Industry Protection? (471 hits)Speak your mindDear Editor Namibia Consumer Trust (NCT) being a policy advocacy organisation took note of the ministerial statement made by Hon Carl Schlettwein in...Take action, dont just investigate (1885 hits)Speak your mindDear sir, The Rally for Democracy and Progress (RDP) is dismayed and indeed very disturbed by the manner in which Prison Services is handling deputy...Don’t stay mute on corruption (1620 hits)Speak your mindDear sir, It’s official. We Namibians are in a mess and we created it ourselves. According to the World Bank, “government corruption in...
- Related Articles
- This week in the Khuta - Why act the fool? (1612 hits)ColumnsThe public conduct of our local artists has come under scrutiny recently amidst reports of physical violence. Hip-Hop artist and Artist of the Year,...Murphy shows why he is a world class act (3811 hits)SportPaddy Murphy retained his title as overall winner of the ultra FNB Desert Triathlon, showing again why he is a world class athlete. He completed the...Innovation- Why pursue innovation? (1508 hits)ColumnsBackground In the previous article I discussed the definition of innovation and compared it to other terms like “invention” and “creativity”....ColumnsThis week my heart bled for yet another family that has to bury their young daughter after she was brutally raped and killed and left in a veld near...ColumnsNamibian marketing managers seem to stay away from social media as they are afraid people will say bad things about them. But is pretending social...
- Latest Articles
- Take no nonsense from criminals (1251 hits)HeadlinesThe Governor of the Hardap Region, Hon. Katrina Hanse-Himarwa introduces Commander Jacobus Meyer, the Hardap Regional Commander of NAMPOL to H.E....120 MW for Arandis, again (1239 hits)HeadlinesArandis Power (Pty) Ltd is surging foward with plans to construct a 120 Megawatt (MW) thermal power generation Plant and one for waste oil recycling....Erongo power project not in conflict with Kudu (1228 hits)HeadlinesThe development of a 250MW long-term generation facility at the coast in the Erongo Region to alleviate the country’s power woes will not be...Editors DeskStocks, bonds and currencies are jumping on and off the charts in such volatile trading that it mirrors conditions during the final quarter of 2008....Esau explains stance on phosphate moratorium (1188 hits)HeadlinesDeputy Minister of Fisheries and Marine Resources, Hon. Samual Ankama recently developed a speech on behalf of Hon. Bernard Esau explaining the...