Transcription of Small and Medium Enterprises in Namibia - TECHNOSOL
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Small and Medium Enterprises in Namibia - TECHNOSOL
A Project funded by the German Ministry of Cooperation and Development jointly with the European Community under the Intelligent Energy Initiative - Coopener SSmmaallll aanndd MMeeddiiuumm EEnntteerrpprriisseess iinn NNaammiibbiiaa -- AA BBrriieeff SSiittuuaattiioonnaall AAnnaallyyssiiss -- Commissioned by InWEnt Internationale Weiterbildung und Entwicklung gGmbH Compiled by: Daniela Sch neburg-Schultz, Robert Schultz August 2006 Small and Medium Enterprises in Namibia A Brief Situational Analysis August 2006 Page 1 of 18 EEXXEECCUUTTIIVVEE SSUUMMMMAARRYY The SME sector covers a wide variation of different types of Enterprises regarding class of business, income, number of employees, time of operation etc.
Enterprises can be classified into four sizes: micro, small, medium and large. But it seems impossible to attach numbers to those terms, since the only quantifiable data is perhaps capital employment and turnover and these may be unreliable at best. A more practical criterion is the classification into formal and informal enterprises.
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