People urged to own more businesses

Business

By GYNNIE KERO
PEOPLE of East Sepik have been urged to work together and eventually own and operate supermarkets and wholesale businesses in Wewak town.
Turubu Local Level Government president David Kausik is concerned that almost all major retail outlets in the provincial capital are foreign owned.
He told people during the launching of the National Development Bank’s SME (small to medium entrepreneur) programme at Turubu last Saturday that the SME concept was useful in assisting local entrepreneurs.
He said the Government had to continuously and adequately fund the NDB so that the people at grassroots level were assisted with loans to grow their businesses.
Kausik thanked Wewak MP Jim Simatab for committing K50,000 to the Turubu local level government to carry out the SME programme.
He said the funding would be used to conduct trainings for SME operators, cocoa farmers and women in the informal sector.
“With the SME programme, people of Turubu will learn how to fill documents, open accounts with NDB, so they are eligible to get loan under the SME package,” he said.
“We need to work together in growing the SME sector and operate shops in Wewak.
“We cannot continue to allow people from outside to come in and do business,” Kausik said.

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