The document discusses the need for economic databases in Namibia. It provides background on NamBizDotCom, which was established in 1999 to create business and consumer databases for Namibia. The databases contain information on over 11,000 businesses and 250,000 individuals. NamBizDotCom provides various services including marketing services, reports, and training. The databases are used by financial institutions, legal professionals, and the government. Benefits of the databases are also discussed, including helping small businesses, credit risk management, and regional/international trade.
2. Introduction
Namibia
Very little business information infrastructure
Business database started in 1991 for NCCI
Usage in Paris, France at UNIDO for investment
promotion
Economic business database commercially
created in 1999 as NamBizDotCom cc
3. Reasons for an economic database
Access to credit
Risk management
Fraud prevention
Citizen information
Access to enabling documents
Profiling of people and households
Electronic health register
Financial details - banking
4. History
Aug 2000 – Workshop on Proposed
Economical Information System for Namibia
Dec 2000 – Business plan prepared
June 2002 to July 2003 – Training of 2
Namibians in Germany
Jan 2004 – Business census
Dec 2005 – Persons dbase started
5. Obstructions
2000 to 2008 – Information and
Communications Bill for Namibia not yet
finalised
Privacy act?
Data protection regulations?
6. Insurance Industry Needs
Finance Minister legislates 5% investment in
unlisted companies – 2007
Target met by 2008?
Investigative reports needed for risk
management = Financial Ratio Reports
Comparison across sectors / businesses
7. NamBizDotCom
Business and Consumer database
Website – 100,000 visits per month
Email newsletter – 1,700 subscribers
Information provider:
Botswana Export Development and Investment Authority
Mauritius Export Development and Investment Authority
Namibian SME Survey 1999, 2003
Public Access to ICT – Washington University
9. NamPerson Database
250,000 individuals
Full Names
Date of Birth
ID Number
Contact details
Educational
Qualifications
Employment Details
10. NamBiz Services
Marketing services
Consumer and Business Reports
Debt Collection
Publications
Business Training
International Trade References
Company ratings (PTY Ltd’s)
12. NamBiz Information Reports
Contact Details
Legal Form
Foundation
Registration Number
Shareholders
Share Capital
Management
Classification
Staff
Turnover
Assets
Liabilities
Bankers
Mode of Payment
Credit Opinion
13. Financial Ratios
Liquidity
Current Ratio
Acid Test
Solvency Ratios
Debt ratio
Gearing ration
Profitability Ratios
Gross Profit Margin
Net Profit Ratio
14. Creditreform Germany
Founded in 1879
180 branches in Europe
165,000 members
Online data on 19 million companies
Auskunfte available online at
www.creditreform.de
16. Benefits
The anticipated beneficiaries are subdivided
into 5 broad categories:
Small- and medium-sized enterprises
Business-to-Business (trading)
Financial sector (Credit providers)
Government
Regional and international trade
17. Benefits
Small- and medium-sized enterprises
Objective investigative reports are available
Continuous monitoring – early warning system for SME
service providers
Creates a trading and payment history for use by the SME
(access to financing etc.)
Business-to-Business (trading)
Objective information is available on potential clients
(can do business with new clients)
Changes in the financial circumstances of clients is
reported.
18. Benefits
Financial sector (Credit providers)
Objective reporting on business assists with credit risk management
National Loan Register – personal and commercial
Government
Business addresses (postal and street) are available for information
posting or physical visitation
Companies can be sorted by town, region and business classification
for identification of entrepreneurial niches
Black Economic Empowerment / Namibianisation index can be
reported
Macro-economic statistics available instantly through continuous
research
19. Benefits
Regional and international trade
Information available for international companies
wanting to do business with Namibians
International company information available to
Namibian companies
20. Background on Milton Louw
Professional
Secretary to the ICT Alliance
Lecturer: Cambridge International Diploma in Business
Trainer: MS Office suite
Consultancies
JCC Service Providers Database (2000)
E-commerce in Namibia – ECA report
Economic Dbase for Namibia – Creditreform Germany
21. Background on Milton Louw
Database Development
Namibia Chamber of Commerce and Industry
United Nations Industrial Development Organisation
Investment Promotion Service (Paris, France)
Ministry of Trade and Industry (EPZ Programme)
Joint Consultative Committee (SME Service Providers)
Botswana Export Development and Investment Authority
(Namibian Export Development)
Mauritius Export Development and Investment Authority
(Namibia, Angola & Zambia Export Development)