WINDHOEK: The Minister of Trade and Industry has called on small and medium enterprises (SMEs) to make use of international standards to achieve better results in their respective businesses and significant differences in their annual turnovers.
‘International standards help businesses of all shapes and sizes work efficiently, and increase productivity,’ said Dr Hage Geingob in a speech read on his behalf by Director of the Ministry of Trade and Industry’s General Services, Munu Kuyonisa, during the Namibian Standards Institution (NSI)’s celebration of World Standards Day.
Geingob said some benefits of using international standards include the opening up of export markets, as products will be compatible on a global scale, increase efficiency and increase credibility, as customers from all over the world recognise international standards.
The ministers explained that companies can use standards to enhance processes, consumers can be assured that products and services are tailored to serve their best interests, and the regulator can rely on them to meet the needs of their citizens without creating unnecessary barriers to trade.
World Standards Day is celebrated on 14 October each year, following the formation of the International Organisation for Standardisation (ISO) on 14 October 1947.