08 - 09

Nov. 2016

Safari Conference Centre
Windhoek, Namibia

"Promoting Investment for Inclusive Growth and Industrialisation"

"Promoting Investment for Inclusive Growth and Industrialisation"

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General

Geographical Area

  • 824,269 km² making Namibia the 31st largest country in the world
  • It stretches for about 1,300 km from south to north and varies from 480 to 930 km in width from west to east.
  • The country is divided into 14 regions, the Zambezi, Kavango West & East, Kunene, Omusati, Ohangwena, Oshana and Oshikoto regions in the north, the Omaheke, Otjozondjupa, Erongo and Khomas Regions in the central areas and the Hardap and Karas regions in the south.

Geographical Location

  • Vast, sparsely populated country located on the south-western sea board of Africa.
  • Bordering Angola in the north, Botswana and Zimbabwe in the east, South Africa in the south and the Atlantic Ocean in the west.
  • The oldest desert in the world, the Namib Desert stretches along the whole west coast of the country, while the Kalahari Desert runs along the south eastern border with Botswana.

Climate

  • Arid and semi-arid.
  • Hottest months, November to February (average temperatures 20-36 ºC).
  • Colder months between May and August (average temperatures 6-10 ºC in the mornings and 18-22 ºC during the day).

Population

  • 2.113 million (2011 census).
  • Population Growth Rate is 1.9%.
  • Relatively youthful population with 38% of the population under 15 years of age and only 7% over 60 years.
  • Despite rapid urbanisation, Namibia is still a mainly rural society with only 43% of the population living in urban areas.
  • Regional population densities vary enormously with almost two-thirds of the population living in four of the northern regions and less than one tenth of the population living in the south.

Time Zones

  • First Sunday in April to first Sunday in September: GMT + 1 hour.
  • October to March – GMT + 2 hours.

Electric Current

  • 220 - 250 VAC 50 Hz

Measures

  • Metric System

International Telephone Code

  • + 264 + area code + number required.

Business Hours

  • Offices: Monday to Friday, 08h00 to 17h00.
  • Banks: Monday to Friday, 09h00 to 15h30 and Saturdays, 08h30 to 12h00.

Currency

  • Namibian Dollar (N$) which is 1:1 on par with the South African Rand (R).
  • Major foreign currencies and travellers cheques are easily exchangeable while major credit cards such as Visa, Master Card, American Express and Diners Club are acceptable means of payment.

Currency Regulations

  • Namibia is part of the Common Monetary Area, which includes Lesotho, South Africa and Swaziland.
  • Remittance of dividends to non-resident shareholders.
  • Repatriation of capital
  • Freedom of movement for non-resident capital transactions.
  • Free repatriation of income/dividends earned on such investments.
  • Corporations can invest directly abroad.
  • Institutional investors may engage in asset swap transactions.

Languages

  • English is the official language.

Religion

  • Secular state but over 90% of population is Christian.

Capital

  • Windhoek (administrative, judicial and legislative capital).

National Day

  • 21 March, Independence Day (1990).

Public Holidays

  • New Years Day - January 1
  • School Holiday - March 20
  • Independence Day - March 21
  • Good Friday - March 25
  • Easter Monday - March 28
  • Worker’s Day - May 1
  • Cassinga Day - May 4
  • Ascension Day - May 5
  • Africa Day - May 25
  • Heroes Day - August 26
  • Human Rights Day - December 10
  • Christmas Day - December 25
  • Family Day - December 26

 

Social Infrastructure

Labour

  • About 31% of the Population is unemployed (2011 census).
  • Primary subsistence is Agriculture.
  • National Union of Namibian Workers (NUNW) is Namibia’s largest labour federation representing workers organized into seven affiliated trade unions.
  • Statutory Minimum Wages (US$/month): Some areas such as domestic workers and farm labourer hours.
  • Statutory Fringe Benefits: Social security, sick leave, workers’ compensation, maternity leave.
  • Extended Fringe Benefits: Pension, bonus and allowance.
  • Standard working week: 40 hours.

Education

  • Government is aggressively pursuing education reforms to redress prevalent skill shortages in the country.
  • 89% of the population aged 15 years and older are literate.
  • 65% of people aged between 6 and 24 years are enrolled in school.
  • All major towns have public schools along with several privately operated schools.
  • Tertiary institutions include, the University of Namibia, the Namibia University of Science and Technology (NUST), two agricultural colleges, several teachers colleges as well as several private colleges of education.

Quality of Life

  • Peace, stability and good governance.
  • First world road, rail and air infrastructure.
  • Excellent telecommunications network.
  • Stable labour environment.
  • Fast, efficient and transparent bureaucracy.

Medical Services

  • The doctor/patient ratio is one doctor per 1:2954.
  • Qualifications of medical practitioners is on par with international Standards.
  • All major towns have state run hospitals.
  • International SOS provides emergency evacuation services.

 

Physical Infrastructure

Border Posts

  • Noordoewer, B1 on route to South Africa, open 24 hours.
  • Ariamsvlei, B3 on route to South Africa, open 24 hours.
  • Buitepos, B6 on route to Botswana, open 06h00 to 23h00.
  • Wanela, B8 on route to Zambia, open 06h00 to 18h00.
  • Ngoma, B8 on route to Botswana, open 08h00 to 18h00.
  • Mata Mata, C15 on route to Botswana, open 08h30 to 15h30.
  • Sendelings drift, across the Orange River to South Africa, open 08h00 to 17h00.

Main Airposts

  • Hosea Kutako International Airport situated 40 km east of Windhoek.
  • Eros Airport located within Windhoek.
  • Walvis Bay Airport
  • Ondangwa Airport

Transport

  • International car rental companies such as Avis, Budget, Imperial and others have offices in all the major towns.
  • Privately owned taxi’s and radio taxi’s are readily available in all the major towns.

Road

  • Superb national road network that stretches for about 42000 km.

Rail

  • Superb narrow-gauge track that stretches for about 2500 km connecting South Africa in the south and Angola in the north.

Air

  • Direct air links to major regional cities such as Johannesburg, Cape Town, Luanda, Gaborone, Lusaka and Harare.
  • Regular international flights between Windhoek an Frankfurt and Windhoek and London.
  • Namibia Airports Company is responsible for the development, management and maintenance of all airport infrastructure.
  • Private charter flights are available.

Ports

  • Two ports situated in Walvis Bay and Luderitz.
  • The Namibia Ports Company is responsible for the development, management and maintenance of all port infrastructure.
  • Walvis Bay port is 12.5 m deep and can accommodate 350 ton container vessels.
  • With a new cargo container quay, the Luderitz port can accommodate vessels that are 150m in length.

Telecommunications

  • Digital telecommunications network across the country which is developed, managed and maintained by the national telecommunications utility, Telecom Namibia.
  • Two Cellular network provider, MTC and TN Mobile provides coverage in most towns and along all the major routes.

Postal Services

  • Postal services are operated by Namibia Post Ltd, a parastatal entrusted with the management of the 141 post offices and 117, 806 registered mailboxes across the country.
  • Nampost is affiliated to the Universal Postal Union and also provides courier services to all major towns in Namibia.
  • International courier service providers such as DHL, Fed Ex etc. are also available.

Electricity

  • Nampower, the national power utility is responsible for the generation and supply of electricity.
  • Regional Electricity Distributors (REDs) were created to assist Nampower with the distribution of electricity at regional level.
  • Currently functioning REDs include CENORED, NORED and ErongoRED.
  • Main sources of power are, the Van Eck Power Station (120 MW), Ruacana Hydroelectric Plant (240 MW), Walvis Bay Paratus Power Station (24 MW) and ESKOM South Africa (200 MW).

 

Trade

Trade Arrangements

  • AGOA
  • Duty and quota-free access to the US market for over 7,000 products under the Africa Growth and Opportunity Act.
  • Cotonou Agreement
  • Duty-free access to the European Union for a wide range of manufactured goods and agricultural products
  • SADC
  • As one of 14 member states of the Southern African Development Community, Namibia has preferential trade links to more than 190 million+ inhabitants of the sub-region.
  • SACU
  • The Southern Africa Customs Union is the oldest such trade arrangement in the world. Membership affords duty and quota-free access to markets in Botswana, Lesotho, South Africa and Swaziland.