NCCI hosts seminar on economic standing

THE Namibia Chamber of Commerce and Industry (NCCI) will tomorrow in Windhoek host a seminar on Namibia’s ranking on the World Economic Forum, Africa Competitiveness Report.

The WEF Growth Competitiveness index results of 2004 with Namibia slipping to fifth place behind Botswana, Tunisia, South Africa and Mauritius respectively. Namibia was ranked 52 in the Global Competitiveness Report for 2004 – 2005 released last week by WEF in Geneva; maintaining its economic ranking from previously.The seminar, hosted by NCCI in collaboration with the Bank of Namibia, the Namibian Economic Policy Research Unit and the University of Namibia, will aim to develop a strategy to improve Namibia’s economic performance following the country’s slip in ranking.According to organisers of the event, the seminar should bring together ministers, other government officials and captains of industries who will also deliberate on issues that led to the country’s backslide.BoN, Nepru and Unam are expected to make presentations which would provide guidance to the seminar, whose deliberations are expected to make valuable contribution to improve the country’s positioning and see Namibia enjoying the benefits that come with good ranking.Namibia was ranked 52 in the Global Competitiveness Report for 2004 – 2005 released last week by WEF in Geneva; maintaining its economic ranking from previously.The seminar, hosted by NCCI in collaboration with the Bank of Namibia, the Namibian Economic Policy Research Unit and the University of Namibia, will aim to develop a strategy to improve Namibia’s economic performance following the country’s slip in ranking.According to organisers of the event, the seminar should bring together ministers, other government officials and captains of industries who will also deliberate on issues that led to the country’s backslide.BoN, Nepru and Unam are expected to make presentations which would provide guidance to the seminar, whose deliberations are expected to make valuable contribution to improve the country’s positioning and see Namibia enjoying the benefits that come with good ranking.