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Existing Traders Tsumeb has at its disposal well-developed wholesale, retail and services sectors to provide for the needs of the region's inhabitants and enterprises. These include:
Mining and Smelting After OMPL took over from TCL in 2000, possibilities of finding new ore bodies in the Tsumeb area were investigated. OMPL has now established its Tsumeb operations, which comprise of:
OMPL pays out about N$1,5 million each month in salaries and contractor fees, of which about 70% is injected directly into the Tsumeb economy. OMPL employs 225 permanent employees. All mining and exploration is done under the strictest environmental policies and concernes to prevent any damage to the surrounding areas. Project 2000 Tsumeb Project 2000 was born during the economic crisis following the closure of the mine in 1998, in an effort to address the joblessness in town and alleviate poverty. It is a community project managed by a trust, which has set the following project goals:
The initiative is involved in identifying entrepreneurs and potential small businesses with a reasonable prospect of sustainability. These entrepreneurs are provided with small business loans at a very low interest rate. The money for these loans has been made possible through the grant of N$2 million to the project from the Government. Currently some N$1,2 million in loans has been granted to 63 applicants to establish small businesses, particularily in the fields of tailoring, agricultur, building and related trades, kapana (cooked meat), manufacturing, and catering & baking. The directors and trustees of Project 2000 decided to establish a company that could become sustainable in the long run, the profits of which could be invested in the development of Tsumeb.
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