{"id":40336,"date":"2023-02-28T16:24:32","date_gmt":"2023-02-28T16:24:32","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution"},"modified":"2023-02-28T16:41:31","modified_gmt":"2023-02-28T16:41:31","slug":"naloba-loans-not-solution","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution","title":{"rendered":"Naloba: Loans not solution"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Namibia Local Business Association president and prominent businessman Erastus \u2018Chicco\u2019 Shapumba called on Namibian businesspeople to work together and cautioned them against loans.<\/p>\n

\u201cLoans are not a solution. Many people think loans promote and grow businesses, which is not; loans will leave you in debt,\u201d stressed Shapumba.<\/p>\n

He urged businesspeople to work together to lead the nation out of poverty.<\/p>\n

Shapumba was speaking at the commemoration of Naloba\u2019s first anniversary on Saturday in Ongwediva.<\/p>\n

According to Naloba vice president Peter Kanu Amadhila, so far, 3 200 businesspeople have joined the new association, which was formed last year.<\/p>\n

He explained that Naloba is an all-Namibian non-profit association that is not politically or tribally affiliated.<\/p>\n

\u201cThis association will continue to accommodate all businesspeople from small, medium and micro enterprises,\u201d he said.<\/p>\n

Amadhila emphasised the association is established to be a voice, a true heart to the business interests and needs of all native Namibian businessmen and women throughout all 14<\/p>\n

regions. Naloba spokesperson Marius Nangolo said the association strives to advise the government on economic and trade policy, as well as to localise,<\/p>\n

protect and promote the Namibian economy.<\/p>\n

\u201cAll business people who would like to join Naloba are welcome to do so,\u201d he said.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Namibia Local Business Association president and prominent businessman Erastus \u2018Chicco\u2019 Shapumba called on Namibian businesspeople to work together and cautioned them against loans. \u201cLoans are not a solution. Many people think loans promote and grow businesses, which is not; loans will leave you in debt,\u201d stressed Shapumba. He urged businesspeople to work […]<\/p>\n","protected":false},"author":84,"featured_media":40335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,236,233],"class_list":["post-40336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNaloba: Loans not solution - Namibia<\/title>\n<meta name=\"description\" content=\"Namibia Local Business Association president and prominent businessman Erastus \u2018Chicco\u2019 Shapumba called on Namibian busi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naloba: Loans not solution\" \/>\n<meta property=\"og:description\" content=\"Namibia Local Business Association president and prominent businessman Erastus \u2018Chicco\u2019 Shapumba called on Namibian busi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-28T16:24:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-28T16:41:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/02\/postQueueImg_1677588938.51.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"492\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naloba: Loans not solution\",\"datePublished\":\"2023-02-28T16:24:32+00:00\",\"dateModified\":\"2023-02-28T16:41:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\"},\"wordCount\":217,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/02\/postQueueImg_1677588938.51.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/naloba-loans-not-solution\",\"name\":\"Naloba: Loans not solution - 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