NAMIBIA INVESTMENT CENTER

NAMIBIA INVESTMENT CENTER 2018-02-07T14:09:58+00:00

THE MINISTRY OF INDUSTRIALISATION, TRADE AND SME DEVELOPMENT IS RESPONSIBLE FOR THE DEVELOPMENT AND MANAGEMENT OF NAMIBIA’S ECONOMIC REGULATORY REGIME, ON THE BASIS OF WHICH THE COUNTRY’S DOMESTIC AND EXTERNAL ECONOMIC RELATIONS ARE CONDUCTED. IT IS ALSO RESPONSIBLE FOR PROMOTING GROWTH AND DEVELOPMENT OF THE ECONOMY THROUGH THE FORMULATION AND IMPLEMENTATION OF APPROPRIATE POLICIES TO ATTRACT INVESTMENT, INCREASE TRADE, AND DEVELOP AND EXPAND THE COUNTRY’S INDUSTRIAL BASE.

The Ministry’s efforts are directed at four key activities:

  • Investment promotion
  • Promotion of manufacturing activity
  • Growth and diversification of Namibia’s exports and export markets
  • Promotion of growth and development of small and medium-sized enterprises

Recognising the critical role of the private sector as the engine of economic growth, the Ministry of Industrialisation, Trade and SME Development strives to facilitate development of this sector through the creation of a business-friendly environment and stimulation of private-sector investment. Its work in this regard includes the formulation of appropriate legislative instruments and institutions for the effective provision of industrial infrastructure, enterprise development, export and investment promotion, export services and facilities.

The four main divisions of the Ministry are the Namibia Investment Centre, the Directorate of Industrial Development, and the Department of Trade and Commerce comprising the Directorate of International Trade and the Directorate of Commerce and Directorate of Administration.

Mr Gabriel P Sinimbo
Permanent Secretary
Tel +264 61 283 7332
Fax +264 61 22 0227
www.mti.gov.na

NAMIBIA INVESTMENT CENTRE

NIC is the country’s official investment promotion agency and first port of call for investors. Created under the Foreign Investment Act of 1990, the overall objective of the NIC is to attract and retain foreign and domestic investment to stimulate economic growth and expedite industrial transformation in Namibia. The attainment of this objective will undoubtedly contribute to the noble goals of Vision 2030.

The responsibility of creating policies and strategies conducive to investment lies with the Ministry of Industrialisation, Trade and SME development, specifically with the Namibia Investment Centre.

NIC offers a variety of services to existing and potential investors, including the provision of information on incentives, investment opportunities and the country’s regulatory regime. It is closely linked to key ministries and service bodies, and can therefore help minimise bureaucratic obstacles to project implementation. NIC works closely with the Offshore Development Company (ODC), the flagship of Namibia’s tax-free export processing zone regime, to promote foreign direct investment in export-oriented manufacturing activities.
NIC has overseas investment promotion representatives in strategic located countries such as Germany (Berlin), India (New Delhi), South Africa (Pretoria) and USA (Washington DC). Plans are underway to set up commercial offices in other identified locations of economic importance elsewhere in the world. Namibia has a competitive incentive and fiscal regime complemented by a low cost and conducive business environment that adds to its appeal as the most ideal location for domestic and foreign investors. The cornerstones of this environment are the Namibia Investment Promotion Act, 2016.

PURPOSE OF THE ACT:

Provide for the promotion of sustainable economic development and growth through the mobilisation and attraction of foreign and domestic investment to enhance economic development, reduce unemployment, accelerate growth and diversify the economy; to provide for reservation of certain economic sectors and business activities to certain categories of investors; to provide for dispute resolution mechanisms involving investment; and to provide for incidental matters.

Incentives for registered manufacturers and exporters of Namibian manufactured goods are provided. In comparison to EPZ incentives which require a beneficiary’s target market to be outside the Southern African Customs Union (SACU ) market, registered manufactures and exporters of Namibian manufactured goods can also benefit entrepreneurs whose main target market is SACU. To benefit from the scheme, an investor must register with the Ministry of Finance as a manufacturer or an exporter of Namibian manufactured goods.

The Namibian Investment Centre assists investors with this registration process. Namibian-based entrepreneurs who export their products outside this market are also entitled to benefits under the scheme.

Investment promotion services encompass:

  • Facilitating inward and outward business missions
  • Facilitating of international investment fairs and seminars
  • Business matching with prospective foreign investors with locals
  • Profiling and promoting investment projects
  • Providing advisory services on available incentive packages
  • Investor admission
  • Assisting investors to obtain work permits and business visas
  • Facilitating investor aftercare

Ms Bernadette Artivor
Deputy Permanent Secretary
Tel +264 61 283 7335
Email: investinnamibia@mti.gov.na

The Directorate of Industrial Development is responsible for evaluating and appraising industrial projects. It sponsors feasibility studies, research and surveys of potential development areas and renders support and advice to potential developers and investors. The Directorate is also engaged in the production of industrial statistics, and conducts regular censuses of the manufacturing sector. It furthermore collates information on appropriate industrial technology. The Directorate oversees and co-ordinates the development of small and medium enterprises.

This includes input into the six areas that comprise the Government’s SME development programme, namely:

  • Facilitation of access to finance
  • Construction of sites and premises
  • Technology transfer
  • Purchasing of raw materials
  • Marketing
  • Entrepreneurial training

The Directorate’s primary role is to facilitate:

  • Diversification of the economy through accelerated growth of the country’s industrial sector
  • Increased value-added manufacturing activities
  • Stimulation of export-oriented production
  • Creation of productive employment opportunities and increased income opportunities for Namibians, especially those from previously disadvantaged communities
  • Improvement in the geographical distribution of industrial activities and infrastructure
  • Ongoing research into the manufacturing sector to identify new areas for expansion and potential bottlenecks

The Directorate also coordinates the work of the Ministry’s six regional offices. These are situated in Katima Mulilo, Keetmanshoop, Opuwo, Ondangwa, Otjiwarongo and Rundu, and serve as advisory centres at local level.

Dr Michael Humavindu
Deputy Permanent Secretary
Tel +264 61 283 7328
Fax +264 61 25 9676
Email: humavindu@mti.gov.na

The Department of Trade and Commerce is responsible for national policies and programmes geared towards the management, regulation, promotion, development and facilitation of internal trade, commercial and business activities and international trade activities such as bilateral, regional and multilateral trade relations. The Department consists of two directorates, namely the Directorate of International Trade and the Directorate of Commerce.

Ms Annascy Mwanyangapo
Deputy Permanent Secretary
Tel +264 61 283 7331
Email: mwanyangapo@mti.gov.na

The Directorate of International Trade is the national focal point of Namibia’s trade and external trade relations. Its main activities are geared towards the formulation and management of Namibia’s foreign-trade policy, and towards increasing the country’s exports through trade promotion.

The Directorate oversees Namibia’s membership of regional and international trade bodies, assists and facilitates the participation of Namibian companies and Small Medium Enterprises in trade fairs, exhibitions and trade missions, coordinates import and export procedures, and provides information on trade-related issues. The Directorate currently has representative trade offices in Angola (Luanda), Belgium (Brussels) and Switzerland (Geneva), and plans to open new offices in other countries such as Brazil, Ethiopia (African Union) and Congo Brazzaville.

The Directorate performs the following functions:

  • Formulating and analysing trade policy
  • Serving as a focal point for Namibia’s bilateral and multi-lateral trade relations, such as with the World Trade Organisation (WTO), the United Nations Conference on Trade and Development (UNCTAD), the Southern African Development Community (SADC), the African, Caribbean and Pacific- European Union (ACP-EU), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Customs Union (SACU)
  • Formulating and implementing Namibia’s export promotion and market development policy and strategies
  • Providing trade-related information and support to the business community
  • Importing and exporting management

Mr Ben Katjipuka
Director
Tel +264 61 283 7288
Email: katjipuka@mti.gov.na

The mandate of the Directorate is to create an enabling environment required for the functioning and operation of businesses in the country, for both domestic and foreign companies alike, and especially emerging small businesses led by entrepreneurs entering the formal sector business for the first time.

In support of creating such an environment, MITSD has a program on domestic market competitiveness. This program aims at enabling Namibian enterprises to increase in efficiency and competitiveness in both the domestic and external markets. This in turn would help to improve Namibia’s global competitive ranking and ability to attract investments needed for expansion of business activities and employment creation.
Ensuring fair trade through competition, the establishment of standards and quality infrastructures, and safeguarding consumer interests are important requirements for achieving and maintaining a competitive and predictable business environment.

To meet these needs, specialised regulatory and service agencies were established such as the Namibia Standards Institution, the Namibia Estates Agents Board and the Namibia Competition Commission (and principle approval has been granted for a Business and Intellectual Property Authority).

Functions are to:

  • Develop the policy and legal framework for the management of quality, standards, company registration, liquor licensing, intellectual property rights, traditional knowledge, and domestic market regulations.
  • Contribute to the overall government effort of effective revenue collection.
  • Provide effective and efficient services in the area of company registration, intellectual property rights protection.
  • Consumer protection and business trade facilitation.
  • Ensure that the Intellectual Property (IP) office provides efficient patent information services and promotes local creations and inventions.
  • Provide acquisition and distribution of franchising and technology licensing.
  • Administer international treaties and conventions in the area of IP, standards, legal and trade metrology, to which Namibia is a signatory in order to ensure compliance.
  • Provide guidelines and support to the Competition Commission.
  • Promote and coordinate research and development in the area of the Ministry’s competence.
  • Implement a user-friendly system to facilitate and enhance the registration of companies, close corporations and the protecting industrial property (IP) rights.
  • Promote and protect designs, traditional knowledge, inventions and technological development.
  • Undertake registration of companies, close corporations, patents and trademarks.
  • Provide guidelines and support to the Namibian Standards Institute (NSI) and accreditation bodies.
  • Provide guidelines and support to the Company Registration Authority and the intellectual property rights (IPR) body.

Ms Maria Pogisho
Acting Director
Tel +264 61 283 7262
Email: pogisho@mti.gov.na

The Directorat of Administration is responsible for the rendering of supportive services to the entire Ministry of Industrialisation, Trade and SME development.

The Directorate performs the following functions:

  • To ensure compliance with the human resouces, procurement, financial and stock control laws and regulations.
  • Provide, deploy, develop and retain required human resources for the implementation of the Ministry’s objectives and efficient service delivery.
  • Manage and control all the financial resources at the disposal of the Ministry in comformity with the applicable laws and reguations.
  • Produce goods and services required for the effective operation and functioninig of the Ministry and the proper disposal thereof.
  • Acquire, manage and control of pool vehicles and the Ministry’s own transport fleet.
  • Accounting for all stock and annual stock taking.
  • Acquire and maintain office accommodation, render commitee, typing and secretarial registry, cleaning and security services.
  • Provide and manage information technology systems for the Ministry.
  • Create and manage a modern documentation and cummunications centre for the Ministry.
  • Provice internal audit services.
  • Render all logistical, security, cleaninig and other auxiliary services tot he Ministry.
  • Mr Munu Kuyonisa

Director
Tel +264 61 283 7337
Email: kuyonisa@mti.gov.na

In an effort to improve service delivery and ensure the effective administration of business and intellectual property rights (IPRs) registration, the Business and Intellectual Property Authority (BIPA) has been established under the auspices of the Ministry of Industrialisation, Trade and SME Development. BIPA is an autonomous entity established in terms of Section 21 of the Companies Act.
Functions are to:

To be the central focal point for the registration, administration and protection of businesses, commercial and industrial properties rights; and
To be the legal depository of information, documents and data required to be lodged under the applicable legislations.
BIPA will further be tasked with the provision of general advisory services and information dissemination on business registration and IPRs.

Mr Tileinge Andima
Chief Executive Officer
Tel: +264 299 4400
Email: andima@bipa.na

ODC was established in 1996, following the promulgation of the Export Processing Zone (EPZ) Act (Act No 9 of 1995) as an agency responsible for marketing, promoting and facilitating investments under the EPZ regime. The EPZ is an industrial development instrument of the Government, aimed at attracting export-oriented manufacturing and value addition activities.

As a policy instrument, the regime is intended to:

  • Facilitate imports of foreign productive capital and technology and the transfer of technical skills to the local workforce
  • Promote the diversification of the local economy
  • Increase the share contribution of the manufacturing sector to job creation and the country’s gross domestic product (GDP)

ODC Core functions consist of:

  • Promoting and marketing the EPZ as a competitively attractive incentive regime and industrial policy for encouraging investment in export-oriented manufacturing operations
  • Screening applications and facilitating admission of qualifying investors under the EPZ
  • Managing and monitoring the performance of the EPZ enterprises and the programme in general
  • Advising the Minister responsible on the performance and any constraints to the effective development of the programme in Namibia

The ODC provides the following investor services:

  • Information on investment opportunities under the EPZ and in the country in general
  • Information on the incentives offered by Government through the EPZ and other similar investment-incentive regimes
  • Evaluation and recommendation of qualifying applications for EPZ status to the EPZ Committee and the Ministry of Industrialisation, Trade and SME development for approval
  • Provision of affordable factory shells or warehouses at established industrial parks
  • Facilitation of linkages between investors and relevant central, regional and local government authorities and other service providers for the provision of basic services required for the establishment of businesses
  • Matchmaking and joint venture facilitation between local and foreign investors
  • After-care services to investors and periodic surveys to determine investor satisfaction
  • Expediting issuance of work permits to approved EPZ investors in collaboration with the Namibia Investment Centre

The EPZ incentives are designed to give both foreign investors and Namibian-based entrepreneurs a competitive advantage when investing in export-oriented manufacturing or value-addition activities. The local and foreign investors who meet the conditions for admission under the EPZ enjoy equal treatment and eligibility to the applicable EPZ incentives, such as zero corporate tax and exemptions from duties and VAT on imported productive machinery and inputs.

Applications for registration of an EPZ status are facilitated by the ODC and the Walvis Bay EPZ Management Company.
The ODC has constructed and manages export-oriented business parks that are leased principally to exporters. These are at Oshikango and Katwitwi on the northern and north-eastern Angolan-Namibian borders respectively. There is also a multi-purpose industrial park at Katima Mulilo in the north-east of the country, close to the borders with Zambia, Zimbabwe and Botswana.

Mr Phillip Namundjebo
Acting Chief Executive Officer
Tel + 264 61 283 7360
Email: odc@odc.com.na

The Commission was established in terms of the Competition Act (Act No 2 of 2003). It is tasked with promoting competitive market conditions through investigation and prosecution of anti-competitive activities, reviewing and approving mergers and acquisition applications, and disseminating information to businesses, consumers and other stakeholders on competition matters.

Namibia’s competition law covers the three major competition concerns, which are anti-competitive agreements, abuse of dominance, and anti-competitive mergers. It takes into account public interest provisions for protecting consumers by safeguarding competitive prices and product choices, and by promoting employment and advancing the social and economic welfare of Namibians. It also promotes special needs of the economy, such as the protection and promotion of small undertakings and the promotion of a greater spread of ownership among historically disadvantaged persons. The Commission is currently carrying out studies on the retail sector for development on behalf of the Ministry of Industrialisation, Trade and SME development.

Mr Vitalis Ndalikokule
Acting Chief Executive Officer
Tel +264 61 22 4622
Email: vitalis.ndalikokule@nacc. com.na

NDC was established under the Namibia Development Corpora-tion Act, Act 18 of 1993. The mandate, as stipulated in the NDC Act, is to act as Government’s im-emphasis on Industrial and Agri-cultural development initiatives. The objective of the NDC is to promote, develop and support all sectors of the Namibian economy for sustained economic growth and economic empowerment in conformity with the development strategies and policies of the Government of Namibia.

  • Promoting of employment creation in both the formal and informal sectors
  • Promoting and encouraging sustainable local and foreign investment
  • Promoting trade, both nationally and internationally
  • Promoting and encouraging training and productivity
  • Promoting ecological sound development
  • Promoting importsubstitution where economically viable
  • Promoting economic activities which add value to local and imported resources
  • Promoting forward and backward linkages between all sectors of the economy
  • Promoting Namibian entrepreneurship through the stimulation of small and informal economic activities
  • Developing, with the participation of the private sector, commercially viable enterprises or projects
  • Acting as agent for the Government and its institutions in promotion of enterprises or the implementation of development schemes
  • Co-ordination with other development agencies and institutions in order to facilitate co-operation and encouragement of an interdisciplinary and multidisciplinary approach.

As per Government’s directives a repositioning process has been initiated in order for the NDC to
The objectives of the restructured NDC to be based on the following two principles:

  • It must play a developmental role within the framework of Government policies
  • It must be operated on a self-sustainable basis over the medium to long term.

It is envisaged that the NDC should play an active developmental role in various sectors such as mining, tourism, etc. Industrial and Agriculture development activities will however remain the main

Based on stakeholder’s expectations, the following strategic objectives have been formulated for the NDC:

  • Contributing to development needs in accordance with the objects and powers of the NDC Act.
  • Achieving financial sustainability over the medium term through income optimisation of current operations
  • and the establishment of a pro-active development catalyst role.

Pro-actively focusing on contributing to the Namibian development gap in the areas of industrial benefaction, commercialisation, Public Private agency role for the achievement of Line Ministerial development objectives and priorities in accordance with economic empowerment, development impact and sustainability criteria.

The NDC is actively involved with implementation of various devel-opmental projects and programmes that contribute towards stimulation of the Namibian economy.

Activities include the following:

  • Construction and management of Business Estates, Community Markets, Trade & Industrial Estates,
  • Technology Centres, Tourist Centres and Regional
  • Development of Trade Facilities outside Namibia (Angola, Congo, DRC, etc.)
  • Textile and Garment Industry development
  • Entrepreneurship Develop-ment Initiatives (Training in gemstone cutting, equipment aid programme as well as sup- port and organising of SME’s in the textile industry)
  • Development of agriculture production schemes
  • Development of agro indus-trial facilities
  • Facilitate initiatives aimed at production in Namibia

Mr Pieter de Wet

Acting Managing Director
Tel: +264 61 206-2294
Email: pieter.dewet@ndc.org.na

The NSI acts as Namibia’s national standards body (NSB), established to promote the Government’s Strategic Development Plans (NDPs) towards the realisation of Vision 2030, and provides for the NSI to render effective services in the area of standards development and coordination, metrology (legal and scientific), quality assurance and the administration of the National Quality Policy. With the ever decreasing role of tariffs in international trade, standards are often used as non-tariff barriers, making standardisation an important focus of inter-statetrade.

The NSI, through its services can contribute by ensuring that the majority of the Namibian businesses, including small and medium-size enterprises (SMEs) meet at least the minimum required standards for their products to be certified, not only for the local market, but also for the international markets.

NSI is responsible for the development and coordination of standards. Therefore nine technical committees (TCs) for the development and adoption of standards in compliance with the World Trade Organisation (WTO) Technical Barriers to Trade (TBT) Agreement.

These TCs are:
TC 1: Renewable Energy
TC 2: Quality Management Systems
TC 3: Food Safety Management Systems
TC 4: Electrotechnical systems
TC 5: Environmental Management Systems
TC 6: Building Construction, Cement and Concrete Technologies
TC 7: Halaal
TC 8: Occupational Health and Safety
TC 9: Metrology

The NSI is designated by the Government of Namibia as the Competent Authority that inspects and certifies fish and fishery products. It has established a fully functional Fishery Inspectorate in Walvis Bay and Lüderitz as well as a Food Laboratory in Walvis Bay consisting of the microbiology and chemistry testing sections.

The NSI Food Laboratory is accredited by the South Africa National Accreditation System (SANAS) to the international standard ISO/IEC 17025:2005- General requirements for the competence of testing and calibration laboratories. The NSI Metrology Laboratory based in Windhoek serves as the National Metrology Institute (NMI) of Namibia. The NMI is responsible for the establishment of a national measurement traceability system through maintenance of national measurement standards The facility also houses the legal metrology function and is responsible for the administration of the Trade Metrology Act No. 77 of 1973, as amended, and the Metrology Amendment Act No. 17 of 2005.
The NSI is convinced that all its efforts and hard work will be rewarded by Namibia achieving Vision 2030 and that every Namibian will benefit from safe products and services.

Ms Chie Wasserfall
Chief Executive Officer
Tel +264 61 38 6400
Email: wasserfall@nsi.com.na

The Namibia Estate Agents Board is a State Owned Enterprise resorting under the Ministry of Industrialisation, Trade and SME Development responsible for regulating the real estate agents in Namibia. Its mandate is to regulate, promote, guide and enhance the professional integrity of real estate agents in Namibia whilst having due regard to public and stakeholder interest.

The objectives are to:

  • Improve compliance of estate agents to the prescribed standard of training of prospective agents, their education and continued professional development;
  • Issue Fidelity Fund Certificates to qualifying estate agents adhering to annual licensing and registration requirements in terms of the Estate Agents Act 112 of 1976;
  • Ensure responsible accounting principles on business accounts and accountable handling of public money in trust accounts;
  • Ensure professional conduct through the implementation of the Code of Conduct as determined by the Act and general ethics by investigating claims against agents and institute disciplinary proceedings against offending estate agents;
  • Increase stakeholder awareness and capacity building which includes:
    • a. the general public as buyers/sellers and lessors/tenants;
    • b. financial institutions;
    • c. conveyancers and lawyers;
    • d. auditors;
    • e. the Association of Estate Agents Namibia;
    • f. other State Owned Enterprises; and
    • g. the Ministry of Industrialisation, Trade and SME development
  • Manage and control the Fidelity Fund;
  • As a Regulatory Body in terms of the provisions of the Financial Intelligence Act 13 of 2012, to take all steps required in preventing, alternatively identifying and reporting on money laundering and terrorist-funding activities.

The Board consists of 7 non-executive members as appointed by Cabinet of which 4 are practicing estate agents. The activities of the Board and its executive personnel require responsible Corporate Governance and are guided by the Estate Agents Act 112 of 1976 and the State Owned Enterprise Governance Act 13 of 2012. The Board is assisted by the Executive Committee and Disciplinary Committee.

Ms Anna Thandeka
Chairperson
Tel +264 61 249885
Email: neab@iway.na

The Namibia Trade Forum (NTF) is an agency of the Ministry of Industrialisation, Trade and SME Development whose main mandate is to institutionalise public-private dialogue and cooperation with emphasis on international and domestic trade and investment policies as stipulated by the Fourth National Development Plan (NDP4).

The role of the NTF is to act as the main consultative body representing the private sector views to the government. It thus serves as the highest public private partnership on international and domestic trade and investment matters of government through workshops, seminars, trade negotiations, meetings and media release.

Ms Ndiitah Nghipondioka- Robiati
Chief Executive Officer
Tel: +264 61 235327
Email: nrobiati@ntf.org.na

The Walvis Bay Export Processing Zone Management Company is a private limited company established in terms of the EPZ Act, of 1995 (Act No 9 of 1995). Since the inception of the Walvis Bay EPZ Management Company in 1996, the idea of expanding the industrial base of Walvis Bay has rapidly gained momentum and the zone is growing fast into one of the world’s newest EPZ success stories. The achievements of the WBEPZMC in institutional and image building and the implementation of goals have marked an era for global trade.

The WBEPZMC’s key purpose is to market Walvis Bay as the safe destination for Foreign Direct Investment (FDI) as a means of fast-tracking the industrialisation programme of the Namibian government.

Its mandate therefore is to:

  • Attain the status of a sought-after and safe destination for foreign and local investment;
  • Create a solid foundation for job creation and economic growth in Walvis Bay and
  • Diversify the industrial base of Walvis Bay

Mr Jan Kruger
EPZ Manager Tel: +264 64 205 095 Email: wbepzmc@iway.na