Doing Business in Namibia
EENI - Business School.
Subject (Course): International Trade and Business in Namibia - Windhoek:
- Introduction to the Republic of Namibia (Southern Africa).
- Doing Business in Windhoek
- Namibian Economy.
- International Trade of Namibia
- Port of Walvis Bay
- Directorate of Customs and Excise
- Case Study:
- Walvis Bay Export Processing Zone
- Logistics Corridors in Namibia: Walvis Bay, Trans-Oranje, Trans-Caprivi, and Trans-Cunene
- Dairy Sector
- Namibia's Free Trade Agreements (FTA).
- Implications for Namibia in the tripartite Free Trade Agreement (FTA)
- Investment opportunities in Namibia
- The cost of doing business in Namibia.
- Access to the Namibian Market
- Business Plan for Namibia
Objectives of the subject “Doing Business in the Republic of Namibia”:
- To analyse the Namibian economy and foreign trade
- To evaluate business opportunities in the Republic of Namibia
- To explore Namibia's trade relations with the student's country
- To know Namibia's Free Trade Agreements (FTAs) of Namibia
- To develop a business plan for the Namibian Market
Sample of the subject - 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.
- Namibia shares borders with Angola, Zambia, Botswana, and South Africa
- The Government: Multiparty Parliament with Democratic Constitution
- The official language of Namibia: English.
- Other Namibian languages:
Afrikaans, Herero, Lozi, Kwangali, Oshiwambo, and Tswana
- Capital: Windhoek
- Namibian Population: 2.32 millions of people
- 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:
- Free market economy
- Namibian GDP: 12.30 billion dollars
- GDP growth rate: 4,2%
- Top Namibian economic sectors: agriculture (7% of GDP), industry (20%), and services (73%)
- The inflation: 5.6%
- Top Namibian exports: diamonds, minerals, fish, meat, livestock
- Top export markets:
South Africa, the United Kingdom, Angola, Spain, France, Switzerland, the United States, and Canada
- Top Namibian imports: food and beverages, vehicles, and machinery
- Top import origins: South Africa, Germany, India, China, Japan, the United States, and France
- Principal resources: diamonds, cattle, uranium, fish, and marine products
- 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.
Logistics Corridors in Namibia:
Namibia's Free Trade Agreements (FTA) and preferential access:
- Southern African Development Community (SADC)
- COMESA-EAC-SADC Tripartite
- Southern African Customs Union (SACU)
- India-Southern Africa Customs Union (SACU) Agreement
- Preferential market access arrangements with the European Free Trade Area (EFTA) and the MERCOSUR
- Cotonou Agreement (EU)
- Generalised System of Preferences (EU-GSP)
- African Growth and Opportunity Act (AGOA) (US)
Namibia is a member of:
- African Union (AU)
- African Development Bank
- Economic Commission for Africa (ECA)
- New Partnership for Africa's Development (NEPAD)
- Forum India-Namibia
- Forum China-Namibia
- Africa-South America Summit (ASA)
- 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