Business in Namibia

EENI- School of International Business

Subject (Course): International Trade and Doing Business in Namibia - Windhoek:

Syllabus:

1. Introduction to the Republic of Namibia (Southern Africa).
2. Doing Business in Windhoek
3. Namibian Economy.
4. International Trade of Namibia
5. Port of Walvis Bay
6. Directorate of Customs and Excise
7. Case Study:
     - Walvis Bay Export Processing Zone
     - Logistics Corridors in Namibia: Walvis Bay, Trans-Oranje, Trans-Caprivi, and Trans-Cunene
     - Dairy Sector
8. Namibia's Free Trade Agreements (FTA).
      - Implications for Namibia in the tripartite Free Trade Agreement (FTA)
9. Investment opportunities in Namibia
10. The cost of doing business in Namibia.
11. Access to the Namibian Market
12. Business Plan for Namibia

Objectives of the subject “Foreign Trade and Doing Business in the Republic of Namibia”:

1. To analyse the Namibian economy and foreign trade
2. To evaluate business opportunities in the Republic of Namibia
3. To explore Namibia's trade relations with the student's country
4. To know Namibia's Free Trade Agreements (FTAs) of Namibia
5. To develop a business plan for the Namibian Market

Sample of the subject - Foreign Trade and Doing Business in Namibia:

Subject Description (Doing Business in Namibia).

The Republic of Namibia (Africa):

The Namibian economy is based on mining and livestock.

Exporter of diamonds, minerals, fish, meat, and livestock.

1. Namibia shares borders with Angola, Zambia, Botswana, and South Africa
2. The Government: Multiparty Parliament with Democratic Constitution
3. The official language of Namibia: English.
4. Other Namibian languages: Afrikaans, Herero, Lozi, Kwangali, Oshiwambo, and Tswana
5. Capital: Windhoek
6. Namibian Population: 2.32 millions of people
7. Area: 825,615 square kilometres

The main religion in Namibia: Christianity (90% of the population).

Namibia belongs to the Southern African Economic Area of the African Civilisation.

Economic Profile of Namibia:

1. Free market economy
2. Namibian GDP: 12.30 billion dollars
3. GDP growth rate: 4,2%
4. Top Namibian economic sectors: agriculture (7% of GDP), industry (20%), and services (73%)
5. The inflation: 5.6%
6. Top Namibian exports: diamonds, minerals, fish, meat, livestock
7. Top export markets: South Africa, the United Kingdom, Angola, Spain, France, Switzerland, the United States, and Canada
8. Top Namibian imports: food and beverages, vehicles, and machinery
9. Top import origins: South Africa, Germany, India, China, Japan, the United States, and France
10. Principal resources: diamonds, cattle, uranium, fish, and marine products
11. Currency: Namibian Dollar (N$)

The Walvis Bay Corridor is a PPP (Public Private Partnership) composed by four trans-corridors (Caprivi, Kalahari, Cunene and Orange) and the port of Walvis Bay. One of the objectives of this corridor is to create a transport hub in the Southern African Development Community (SADC) region.

Tripoli-Windhoek Corridor

Logistics Corridors in Namibia:

Namibia's Free Trade Agreements (FTA) and preferential access:

1. Southern African Development Community (SADC)
2. COMESA-EAC-SADC Tripartite
3. Southern African Customs Union (SACU)
4. India-Southern Africa Customs Union (SACU) Agreement
5. Preferential market access arrangements with the European Free Trade Association (EFTA) and the MERCOSUR
6. Cotonou Agreement (EU)
7. Generalised System of Preferences (EU-GSP)
8. African Growth and Opportunity Act (AGOA) (US)

Namibia is a member of:

1. African Union (AU)
2. African Development Bank
3. Economic Commission for Africa (ECA)
4. New Partnership for Africa's Development (NEPAD)
5. Forum India-Namibia
6. Forum China-Namibia
7. Africa-South America Summit (ASA)
8. International Monetary Fund (IMF), World Custom Organisation, World Bank (WB), World Trade Organisation (WTO), Multilateral Investment Guarantee Agency (MIGA), Commonwealth of Nations, Africa, Caribbean, and Pacific (ACP) countries