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INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 Enhancing Investment to propel “Growth at Home”
INVEST
NAMIBIA JOURNAL
VOLUME 2 | ISSUE 2
Enhancing Investment to propel “Growth at Home”
JUNE 2019
INVESTMENT PROMOTION DRIVE INTENSIFIES
INVESTMENT
PROMOTION DRIVE
INTENSIFIES
6 16 8
6
16
8

PRESIDENT GEINGOB COURTS PORTUGUESE INVESTORS

RUSSIA TO STRENGTHEN NAMIBIA ECONOMIC TIES

US INVESTORS SEEK NAMIBIA OPPORTUNITIES

The geographical coordinates to the new container terminal on reclaimed land at the Port of
The geographical coordinates to the new container terminal on reclaimed land at the Port of Walvis Bay.
A port on the southwestern part of Africa equipped with infra and super infrastructure
that gives clients fast, efficient and safe passage of cargo into and out of Africa.
We are NAMPORT; Africa’s express hub to international markets.
2
INVEST NAMIBIA JOURNAL
VOLUME 2 | ISSUE 2 | JUNE 2019

CONTENTS

26
26

A number of SADC member states are battling to control large stockpiles of ivory

On the Cover Investment Promotion Drive Intensifies

Publisher Namibia Investment Centre

Editor

Tunga-eumbo Mboti

Editorial Committee Dolly Amoomo Tunga-eumbo Mboti Tokkie Nchindo Lwaba Jario Andreas Andjene Tabby Moyo

Editorial Contributors Namibia Investment Centre (NIC), Office of the President (OP), Namibia Industrial Development Agency (NIDA), James Miller, Gavin Mare, Edith de Klerk, Ngoni Bopoto and Tabby Moyo

Graphic Design & Layout Globe Communications Namibia

Advertising Globe Communications Namibia

Distribution Namibia Investment Centre

Printers

Phoenix Welwitschia

42
42

Al Wasl Plaza will be the heart of the Expo 2020

Editorial: Gearing up Trade and Investment promotion drive

……

5

Namibia courts Portuguese investors

6-7

Deputy Minister Iipumbu lobbies U.S. market for Namibian products

8-9

Namibia, Guinea to strengthen economic ties

10-11

Tanzania and Namibia to speed up cooperation on trade & investment

14-15

RussiaandNamibiacommittostrengtheneconomiccooperation

16-17

Botswana President lauds Namibia’s dry ports initiative

18-19

NIDA aims to grow sustained industries in Namibia

…….20-21

Namibia to host Economic Summit end of July

…….23

Namibia to protect lucrative European meat market

24-25

Namibia and neighbours push for ivory trade

26-27

Special Economic Zones targeted for industrial growth

30-31

Energy efficiency, innovation to boost industrial competitiveness

32-33

De Beers Marine driven by innovation …………… ………

….34-35

Meatco embraces technology with mobile App

36-37

Namibia’s uranium sector set for upturn

39

Free Trade Area shines light on African trade

40-41

Namibia gears for World Expo 2020

42-43

Kombat Copper Mine set for revival with Xinhai investment

44

Inter-connectivity through road, railway infrastructure development

45

HanganaSeafoodInvestsN$300millioninfishprocessingplant……

…….46-47

Wernhil Mall expansion changes face of Windhoek CBD

48-49

Standard Bank ‘I Go’ initiative to boost Namibia–China trade……

50-51

TransNamib rebrands, targets larger market share

52

New seed programme offers opportunity for entrepreneurs

53

Deputy Minister Iipumbu on Germany fact finding mission

55

MITSMED Departmental briefs and contacts………………

…………56

Commercial Counsellors contact details

57

34
34

An illustration of Debmarine’s new diamond vessel AMV3

The Invest Namibia Journal is published by The Namibia Investment Centre Ministry of Industrialisation, Trade
The Invest Namibia Journal is published by
The Namibia Investment Centre
Ministry of Industrialisation, Trade and SME
Development, Windhoek, Namibia,
Private Bag 13340, Telephone: +264 61 283 7315
Fax: +264 61 220 278
Email: mboti@mti.gov.na
Website: http://www.mti.gov.na
Namibia Investment Centre
NamibiaInvestmentCentre
The Invest Namibia Journal is produced by
Globe Communications Namibia cc,
Unit 9 Tal Terrace, Windhoek,
P.O. Box 99113, Windhoek, Namibia
Telephone: +264 61 247086
Cell: +264 81 626 0010
Email: globe@africaonline.com.na
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EDITORIAL

Gearing up Trade and Investment promotion drive

N amibia is stepping up efforts to

promote trade and investments into

the country, as recent foreign and

domestic missions led by President Hage G. Geingob and initiatives introduced by the Ministry of Industrialisation, Trade and SME

Development (MITSMED), bear testimony to this.

In the past few months we witnessed an intensification of trade and investment promotion missions, which are well documented in this edition of Invest Namibia Journal. Among them is the visit to Portugal by the Head of State, accompanied by a number of Government ministers and captains of industry, during which Dr Geingob addressed the Horasis Global Meeting of business and political leaders in Cascais. The President also addressed a high-level business luncheon at which he sought to build investor confidence among Portuguese business people and promote Namibia as a country with a conducive business environment and location of choice for international investors. There were also top level trade and investment engagements with the Heads of State of Guinea, Tanzania and Botswana, as well as senior business and government officials from Russia and the USA.

During the engagements, President Geingob emphasized the point that Namibia was open and ready to welcome investors willing to take advantage of the country’s sound governance architecture and invest in the country or form joint ventures with Namibian entrepreneurs. As part of ongoing efforts to market the country to a wider world audience, MITSMED Minister Hon. Tjekero Tweya announced that Namibia would be participating in one of the world’s major expositions, the World Expo 2020, taking place in the city of Dubai, United Arab Emirates, from the 20th October 2020 to 10th April 2021, under the theme:

“Connecting Minds, Creating the Future”.

During the Expo, Namibia will focus on promoting itself as a renewable energy hub for Southern Africa, with mining and tourism featuring as key sub-sectors that will also be promoted. Retired Ambassador Simon

that will also be promoted. Retired Ambassador Simon NEW BROOMS: (from left to right) Mr Simeon

NEW BROOMS: (from left to right) Mr Simeon Shilongo, Ms Petrina Nakale, MITSMED Deputy Executive Director Dr Michael Humavindu (who welcomed the new Counsellors), Ms Lucia Radovanovic and Mr Lynnox Mwiya

Madjumo Maruta has been appointed to be the lead coordinator of Namibia’s participation at the Expo 2020 as the Commissioner General of Section.

This will be yet another opportunity for Namibia to showcase what it has to offer to the world and calls for participation by both the public and private sector, to ensure that we attract tourists and investment into sectors that will contribute to economic growth and job creation. As yet another demonstration of our commitment to trade and investment promotion efforts, MITSMED has extended its external investment and trade promotion representatives in strategic locations in countries such as Brazil (Brasilia), China (Beijing), United Arab Emirates (Dubai), and the United Kingdom (London), to complement the existing offices in Germany (Berlin), India (New Delhi), South Africa (Pretoria), Angola (Luanda), Ethiopia (Addis Ababa), Belgium (Brussels), Switzerland (Geneva), France (Paris), and United States of America (Washington).

The primary mandate of the Commercial Counsellors is to secure Foreign Direct Investment (FDI) flows from the respective countries of posting into Namibia. In addition, Commercial Counsellors promote trade and tourism to contribute towards the realisation of High and Sustainable Economic Growth, Increase Income Equality and Employment Creation. On behalf of the Minister, Hon. Tweya, the Deputy Minister, Hon. Lucia

Iipumbu, and the entire staff of the MITSMED, we congratulate the following staff members

appointed as Commercial at the following Trade and

for

Counselors

Commercial Offices;

* Ms Petrina Nakale – Washington (USA)

* Mr Lynnox Mwiya – Geneva (Switzerland)

* Ms Lucia Radovanovic – Berlin (Germany)

* Mr Simeon Shilongo – Brasilia (Brazil)

* Mr. Petrus Haufiku – Addis Abba (Ethiopia)

being

We wish them the best as they join the team at the forefront of promoting trade and investments into the country.

Happy Reading!

Tunga-eumbo Mboti, Deputy Director: Namibia Investment Centre and Editor

Tunga-eumbo Mboti, Deputy Director: Namibia Investment Centre and Editor

Namibia courts Portuguese investors

Photos by State House
Photos by State House

President Hage G. Geingob holds talks with Portuguese President H.E. Marcelo Rebelo De Sousa

P resident Hage G. Geingob led a high-

powered Government and business

delegation to Portugal in April as

part of ongoing efforts to attract trade and investments to Namibia.

The President, who was accompanied by a number of business leaders and ministers including Industrialisation, Trade and SME Development Minister Hon. Tjekero Tweya, attended a three-day meeting of international business and political leaders, the Horasis Global Meeting, held in Cascais, Portugal. The meeting was held under the theme ‘Catalysing the Benefits of Globalisation’.

The Horasis community is made up of more than 800 world leaders and is a unique platform for companies from the emerging and developing world to take their products to the global market. Namibia has been requested to host the global meeting in 2020.

Other Ministers who accompanied the President to Portugal included Hon. Calle

Schlettwein (Finance), Hon. Pohamba Shifeta (Environment & Tourism), Hon. Bernard Esau (Fisheries) and Hon. Obeth Kandjoze (Economic Planning).

The visit to Portugal by the President and his delegation also sought to build investor confidence and promote Namibia as a country with a conducive business environment and location of choice for international business and investors.

Dr Geingob hosted a Namibian investment luncheon and a business seminar as part of Namibia’s investment promotion drive. During the business seminar the President extended an invitation to Portuguese investors to form joint ventures with Namibian business entities.

He

said

Portuguese

investors

must

take

advantage

of

Namibia’s “sound

governance architecture”and invest in the country.

Following bilateral talks with Portuguese president Marcelo Rebelo de Sousa, the two leaders agreed to boost engagement across all sectors of the economy in order to stimulate mutual economic growth. President Geingob was impressed by the outcome of his meeting with president De Sousa and was positive that economic ties between the two countries were destined for a higher level.

“We agreed on closer economic ties across sectors to stimulate growth and fight unemployment. I shared Namibia’s

“We agreed on closer economic ties across sectors to stimulate growth and fight unemployment.”

sectors to stimulate growth and fight unemployment.” President Geingob addresses a business seminar hosted by

President Geingob addresses a business seminar hosted by Namibia for Portuguese businesses

business seminar hosted by Namibia for Portuguese businesses President Geingob addresses the Horasis Global Meeting

President Geingob addresses the Horasis Global Meeting

investment-driven activities at the Horasis Global Meeting in Cascais,” said the Namibian Head of State.

The President said Namibia was positioning itself to be a regional hub for Southern Africa and thus was an active catalyst proving the benefits of globalisation.

Hon. Tweya expressed optimism that the new agreements being entered into would remove non-trade barriers among African nations and facilitate commerce.

Hon. Esau maintained that Namibia was a blue economy and that new businesses were being opened in the fishing industry. He said Government would like to see more partnerships and long-term alliances with European counterparts in the sector.

Hon. Kandjoze told the Horasis Global Meeting that Namibia was now very interconnected with the global world

than it was at independence. “We now have direct flights to our airports from all over the globe; the Government has put in a lot of investment and effort to try and enable an economy that can sustain and be a star in the region,” he said.

Hon. Schlettwein provided an overall financial outlook of the country’s present economy, from the tax systems, basket of goods, financial sector growths, among others.

“The financial services sector is growing; the secondary sector needs more improvement. The spread for the financial bonds has not changed over the last years – that is in spite of the downgrading of the credit rating of the country. We have managed the economy in a prudent way,” said the Minister.

Hon. Shifeta said: “We

strongly work to reach inclusivity because we believe it is the best way of

in

Namibia

bringing harmony into society.”

In his capacity as the SADC Chairperson, Dr Geingob emphasized the need for Africa as a whole to strengthen electoral processes and inclusive politics, while also confronting corruption. “Africa has to pull together and deal with the challenges of poverty. Africa is a continent of 1,2 billion people and cannot be ignored or left behind.

“We are part of a third wave of African leaders building a governance architecture of processes, systems and institutions,” the Head of State told business and political leaders at Cascais.

Dr Geingob also said that the goal of an inclusive humanity can be achieved through building cohesive societies at national level.

“In Namibia, we are building a Namibian house. I believe in multi-lateralism for inclusive global governance,” he said.

Deputy Minister Iipumbu lobbies U.S. market for Namibian products

Minister Iipumbu lobbies U.S. market for Namibian products Members of the U.S. Trade Mission to Namibia

Members of the U.S. Trade Mission to Namibia paid a courtesy call on H.E. Dr Hage Geingob at State House

T he Deputy Minister of Trade,

Industrialisation and SME

Development (MITSMED), Hon.

Lucia Iipumbu, recently made a case for Namibian products to a group of U.S. investors who were in the country in search of business opportunities.

Hon. Iipumbu also lobbied for cooperation agreements that can assist local businesses in accessing and securing markets for their products in America, during a business forum that was organised by the MITSMED in collaboration with the Namibia Chamber of Commerce and Industry (NCCI).

The Namibian Embassy in Washington D.C organised a Trade Mission to Namibia from 20-24 May 2019. The Trade Mission was multi-sectoral, with a focus of promoting business and investment opportunities. “Investment opportunities and needs reflected within various development initiatives to grow domestically produced goods have increased the number of investment projects attracted through

the number of investment projects attracted through investment promotion, which we believe will allow us to

investment promotion, which we believe will allow us to create new jobs and bring about economic empowerment,” Hon. Iipumbu told the American investors, reiterating Namibia’s desire to promote investment that leads to generating opportunities of local products and projects.

The Deputy Minister further commended the trade relations between Namibian

and U.S. States Governments, pointing to numerous cooperation agreements in the health, maritime and educational sectors and countless monetary contributions targeted towards uplifting the communities through job creation, skills development and poverty reduction. Over the years, Namibia and the U.S. have enjoyed a mutually beneficial relationship in the areas of international trade, as statistics provided by the MITSMED

MITSMED Deputy Minister Hon. Lucia Iipumbu indicate. In 2018 alone, Namibia was the United States

MITSMED Deputy Minister Hon. Lucia Iipumbu

indicate. In 2018 alone, Namibia was the United States 133rd largest goods export market, amounting to US$203 million (about N$2, 8 billion), while Namibia on the other hand imported goods worth US$120 million (N$1, 7 billion), an increase of 0.5% from 2017.

Furthermore, and in view of broadening trade relations and markets, in July 2018, Namibia became the first and the only African country to export meat to United States after local premium quality beef was cleared by U.S. authorities as a high standard product for the health conscious Americans.

At present, through the Meat Corporation of Namibia (Meatco), Namibia is busy establishing a clientele base for that market and exports are believed to start imminently.

“This is indeed a true gesture of commitment between our two countries and we should applaud all efforts that made this possible. The exporting of Namibian beef to the U.S. came at a right time when Namibia is diversifying its markets,” said Hon. Iipumbu.

The Deputy Minister explained that the timely creation of the Namibia Industrial Development Agency (NIDA) had allowed government to identify new opportunities for value addition through research, developing key industrial and business infrastructure as well as promoting and facilitating trade, investment and the introduction of new technology.

“The Namibian Government is committed to growing the economy that must be inclusive of all and create employment for many Namibians, especially the burgeoning youthful populace and as a result, industrialisation is featured as one of the priority areas within our national development strategies.

“However, in our ambitions to industrialise Namibia, innovation along with skills and investment should become building blocks incorporated within every business strategy in order to make this a reality.,” said Hon. Iipumbu.

The MITSMED, through its Growth at Home strategy also continues to place great emphasis on growing the economy by propelling value addition of local produce.

“The country is privileged to have an abundance of natural resources that have become drivers of our economy. Therefore, we also seek to attract investment in value addition and beneficiation of our resources, and strengthen areas that have the potential to become economic drivers in future,” Hon. Iipumbu further told the trade forum.

NCCI Chief Executive Officer, Charity Mwiya, advised local entrepreneurs to clearly understand business and learn to sacrifice money to be successful.

Mwiya said entrepreneurs should have a strategy in place, engage in partnerships, and avoid entertaining negative criticism and bureaucracies to ensure the success of their businesses.

Holistically, the MITSMED is charged with the responsibility to develop and manage Namibia’s economic regulatory framework, promote economic growth and development. This is done through the formulation and implementation of appropriate policies with the view to attract investment, increase trade, develop and expand the country’s industrial base.

Namibia, Guinea strengthen economic ties

N amibia and the Republic of Guinea

recently took bold steps to bolster

economic ties between the two

countries by signing key agreements in mining, tourismandagricultureduringPresidentAlpha Condé’s official state visit at the beginning of May.

President Hage Geingob and his Guinean counterpart resolved to deepen and consolidate bilateral co-operation between the two countries.

“We are now in the process of elevating our existing historical and political relations to higher heights, through increased bilateral exchanges in various strategic economic sectors. We need to work together to combat the triple challenges of poverty, unemployment and inequality in our countries,”President Geingob said.

Bilateral relations between the two countries emanate from historic ties dating back to the time of Namibia’s liberation struggle, when Guinea rendered much-needed support to Namibia through the SWAPO liberation movement.

Namibia and Guinea are now focused on increasing bilateral exchanges, trade and investment in various strategic economic sectors, such as tourism, agriculture and mining, among others.

To facilitate the implementation of the agreements, the two countries will form joint working committees.

“Namibia remains ready and committed

to working with the Republic of Guinea for prosperity and the economic independence

of our people,”President Geingob said.

As SADC Chair, President Geingob said Namibia will continue to support efforts to devise new investment strategies and

trade practices for the benefit of all Africans, including enhancing regional integration. “Our bilateral cooperation should serve as

a building block that will bring SADC and

ECOWAS (the Economic Community of West African States) closer together. This type of cooperation is crucial in advancing our quest to realise the aspirations of Agenda 2063

H.E. President Alpha Conde, President of the Republic of Guinea, received by President Geingob Namibian

H.E. President Alpha Conde, President of the Republic of Guinea, received by President Geingob

of the Republic of Guinea, received by President Geingob Namibian Ministers attending trade talks with Guinea

Namibian Ministers attending trade talks with Guinea officials

and continental integration we all yearn for,” President Geingob noted. Already, there has been a marked increase in trade between Namibia and Guinea, especially in the areas of mining, agriculture, manufacturing and food processing. The two countries’ joint commission of cooperation (JCC), which met prior to the meeting of the Heads of State, took stock of and initiated bilateral cooperation between the two countries in the sectors of trade, mines, and renewable energy, agriculture, food production, and forestry, cultural and eco-tourism.

Namibia’s Minister of International Relations and Cooperation, Hon. Netumbo Nandi- Ndaitwah, said she believed Guinea would join the exclusive list of Namibia’s niche markets and serve as ideal export destination for fish and fish products, beef, leather products, salt and other minerals. Namibia on the other hand is also open to receiving a variety of products from Guinea, such as processed cocoa products, root crops, vegetable oil and seeds for retail.

President Geingob welcomed interest shown by the Conakry Port Management to increase

President Geingob leads Namibian team during bilateral talks with Guinea officials All photos courtesy of
President Geingob leads Namibian team during bilateral talks with Guinea officials All photos courtesy of
President Geingob leads Namibian team during bilateral talks with Guinea officials
All photos courtesy of Office of the President

The two leaders paid a visit to the industrial town of Walvis Bay to view NamPort operations and fish processing.

relations and trade with the Namibia Ports Authority (NamPort). He said through effective use of the two countries’ ports, trade would be enhanced and in the process ensure that there is an interface between sub- regions for the mutual benefit of Africa at large.

During President Geingob’s state visit to Guinea in September 2018, the two countries agreed to cooperate closely in the maritime sector and port operations to harness opportunities from the blue economy for accelerated youth empowerment and employment creation. “Most of our neighbours are land-locked

countries, therefore, cooperation between our ports will greatly serve as transmission belt for import and exports of commodities between our countries,”he said.

President Geingob said there is a need to develop value chains that are based on raw materials available in the two countries in order to diversify the economies. He proposed the identification of areas for investment through trade missions and networking activities involving private sector representatives.

food security in the economic engagements between Guinea and Namibia as Namibia moves to reduce its import bill for agricultural products.

Namibia and Guinea have also been promoting the easing the cross-border movement of Africans within Africa, which President Geingob believes will ensure that skilled and educated citizens of the continent are able to take their knowledge and expertise beyond the borders of their countries but remain on the continent.

Emphasis has been placed on agriculture and

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Namibia and Tanzania to speed up cooperation on trade, investment

All photos courtesy of Office of the President
All photos courtesy of Office of the President

Tanzanian President H.E Dr John Pombe Magufuli (left) being welcomed to State House by H.E Dr Hage Geingob

N amibia and Tanzania have undertaken to speed up the

implementation of bilateral agreements entered into by

the two countries, aimed at establishing cooperation on

trade and investment in various sectors of the economy.

This followed a two-day state visit to Namibia by Tanzanian President, H.E. Dr John Pombe Magufuli, from 27-28 May. Dr Magufuli and his Namibian counterpart, H.E. Dr Hage Geingob, shared the opinion that the current level of trade between the two countries which enjoy excellent political ties, dating back to the colonial era, needed to be improved drastically.

As part of its efforts to boost trade and investment with Namibia, Tanzania has vowed to speed up plans to open a full diplomatic mission in Windhoek. Namibia has a mission in Tanzania, but the East African country deals with Namibia through its mission in Pretoria, South Africa.

The current trade levels between the two countries are estimated at US$25 million per annum.

“This is the area where we need to concentrate because it is very, very low, compared to the level of our bilateral relations and the immense opportunities. We, therefore, need to double our efforts to increase the level of trade between our countries, including removing all the barriers to trade and investment,” President Magufuli said during discussions with President Geingob at State House. The two Heads of State deliberated on a wide range of bilateral,

two Heads of State deliberated on a wide range of bilateral, Tanzanian President H.E Dr John

Tanzanian President H.E Dr John Pombe Magufuli

regional and international issues, and underscored the need to improve cooperation in the sectors of agriculture, fisheries, mining and in joint trade and investment promotion programmes.

They directed the finalization of the pending memorandum of understanding establishing cooperation on trade and investment. They urged trade and international relations officials of the two countries to speed up the holding of the Namibia- Tanzania Joint Commission of Cooperation within 60 days, the communique issued at the end of the state visit stated.

Delegates from Tanzania and Namibia during official talks at the State House That meeting would
Delegates from Tanzania and Namibia during official talks at the State House That meeting would
Delegates from Tanzania and Namibia during official talks at the State House That meeting would
Delegates from Tanzania and Namibia during official talks at the State House That meeting would

Delegates from Tanzania and Namibia during official talks at the State House

That meeting would finalise several draft agreements between the two countries.

While the Joint Commission of Cooperation between the two countries was established in Windhoek in April, 1999, it has never convened a single meeting.

“They must meet in Dar es Salaam soon so that we finalise these things, otherwise we will go on talking, but nothing happens. We need to move forward, and we need to move fast. We are delayed, the progress is not good.

We must change that situation. We cannot continue waiting,” the Tanzanian Head of State stressed.

Dr Geingob and Dr Magufuli further undertook to help speed up the implementation of the African Continental Free Trade Area (ACFTA), to facilitate free movement of goods and services on the continent.

“Let us join our efforts and resources to improve the livelihoods of our people. We should build a partnership for growth and development, focusing on key issues such as agro-processing, the value-addition of minerals, manufacturing, and logistics,” President Magufuli said.

The Tanzanian leader, who will be assuming the SADC Chairmanship from Dr Geingob in August this year, urged Namibia and Tanzania to remove trade barriers between them and instead implement preferential trade arrangements.

“There are many goods and services produced in Namibia that have a market in Tanzania, and the opposite is true when it comes to services and goods produced in Tanzania,” he said.

Hon. Yuri P. Trutnev, Deputy Prime Minister of the Republic of the Russian Federation paid

Hon. Yuri P. Trutnev, Deputy Prime Minister of the Republic of the Russian Federation paid a courtesy call on H.E. President Geingob

Russia to strengthen Namibia economic cooperation

T he 8th Session of the Namibia-Russia

Inter-Governmental Commission on

Trade and Economic Cooperation

took place in Windhoek from 22-23 May 2019, following an agreement in 2005 between the two governments to establish the Commission.

The Commission was co-chaired by Deputy Prime Minister and Minister of International Relations and Cooperation, Hon. Netumbo Nandi-Ndaitwah, and Hon. Yuri Trutnev, Deputy Prime Minster of the Russian Federation and Presidential Plenipotentiary Envoy to the Far Eastern Federal District.

The primary mandate of the 8th Session of the Commission was to review all bilateral cooperation, in order to actively promote economic growth and social development for the two countries and peoples.

Namibia-Russia bilateral relations currently include sectoral areas such as energy, trade and investment, technical assistance, mining, agriculture, transport, education and training, scientific cooperation, tourism, youth and sport, art and culture, health, and legal matters.

New areas of cooperation have been agreed upon in the sectors of information technology, aviation, fertilizers and value addition in the mining sector.

Hon. Nandi-Ndaitwah said Namibia and Russia remain special friends and that the friendship needed to be nourished and maintained, not only at a political level, but on trade and economic cooperation.

The 8th Session of the Commission provided both Namibia and Russia with an opportunity to monitor and evaluate the status of the current cooperation

through the implementation of the various bilateral undertakings between the two nations.

“At the same time, it accorded us an opportunity to explore new opportunities, all with the aim of enhancing our bilateral and economic cooperation for mutual benefit. I am happy to note that we have made significant achievements in our bilateral relations and cooperation,” said Hon. Nandi-Ndaitwah.

Members of the Russian business delegation who accompanied Hon. Trutnev held discussions with Namibian businesses with the view of forming partnerships.

Recently, Russian businessman Rashid Sardarov teamed up with an international accommodation chain to bring the first Habitas hotel in Africa to Namibia.

Hon. Netumbo Nandi-Ndaitwah and Hon. Yuri Trutnev with senior officials and business people from the

Hon. Netumbo Nandi-Ndaitwah and Hon. Yuri Trutnev with senior officials and business people from the two countries

Habitas Chief Executive Officer Oliver Ripley confirmed that the project is scheduled for completion during 2019 and is estimated to create 500 jobs. This development is expected to result in an increase in the number of Russian tourists visiting Namibia.

“I am encouraged that cooperation between our agricultural experts in the area of Veterinary Services and Phytosanitary Surveillance has commenced and that there are ongoing negotiations to import and export

products to our two countries,” said Hon. Nandi-Ndaitwah.

“As we conclude the 8th Session of the Commission between our two countries, I wish to issue a clarion call that our countries must never cease to work side by side in the promotion of regional and continental trade and investment, building the necessary human capacities, infrastructural development for socio economic advancement of our respective countries,”said the Deputy PM.

A media statement issued by the press

service of Deputy Prime Minister Trutnev

said Russia has offered to cooperate with Namibia in the fields of nuclear energy, geology and subsoil use, and a number

of other fields that could serve to upgrade

Russian-Namibian trade and economic relations.

“The Russian delegation proposed cooperation in a number of promising areas, through which trade and economic relations could be brought to a new level with the

strengthening of efforts on both sides.

These include nuclear power and nuclear non-energy technologies, geology and subsoil use, deliveries of industrial and agricultural products, solutions for land reclamation and agriculture, technologies for smart cities and telecommunications,”the Russian government statement said.

Russia, which never had an African colony, enjoys cordial political ties with a number of countries on the continent. The Russian Federation is now working on forging and growing economic ties with African countries.

Interaction between Russia and Africa has grown exponentially this century, with trade and investment growing by 185 percent between 2005 and 2015. Economically, much of Russia’s focus in Africa centers on energy. Key Russian investments in Africa are in the oil, gas and nuclear power sectors.

Russia is also interested in the African mining sector and this is particularly evident in Namibia, Zimbabwe, Angola, the Democratic Republic of Congo and the Central African Republic.

Botswana President lauds Namibia’s dry ports initiative

Botswana President lauds Namibia’s dry ports initiative Botswana President Mokgweetsi Masisi, middle, being taken on a

Botswana President Mokgweetsi Masisi, middle, being taken on a tour of the Walvis Bay port facilities by former NamPort CEO Bisey Uirab. President Geingob accompanied his Botswana counterpart.

B otswana President Mokgweetsi Masisi says the initiative by Namibia to offer dry ports to its landlocked

neighbours is an impressive move that will unlock regional and international trade.

President Masisi toured the port of Walvis Bay in April, accompanied by President Hage Geingob, to familiarise himself with the operations of the port. He also visited the Botswana dry port at the harbour town.

Namibia has enabled Botswana, Democratic Republic of Congo, Zambia and Zimbabwe to set up dry ports at Walvis Bay. The countries were allocated land as part of consolidating the mutual benefits and bilateral ties between Namibia and its neighbours. The dry ports will give the Namibia Ports Authority (NamPort) enough capacity to handle large volumes of cargo which will further enhance the dream of being a regional logistics hub. Zambia has completed developing its

port measuring 27 430 square meters at the cost of US$3 million. Botswana also developed its 36 200 square metres facility, while Zimbabwe’s 19 000 square metre port has also been completed.

H.E. Masisi said the visionary move by the Namibian Government to grant neighbours dry ports would go a long way towards increasing trade among African countries, as well as with countries further beyond.

“I have been most impressed by the new container terminal development. We will certainly utilize it,” the Botswana President said.

NamPort’s N$4 billion container terminal at Walvis Bay is almost complete and is scheduled to be commissioned in August,

2019.

Cargo volumes between Botswana and Namibia have been growing gradually, although Botswana still uses the port of Durban, in South Africa, more than Walvis Bay.

“We have been importing fuel through Namibia for years, but we will be exploring other opportunities to increase cargo volumes between the two countries as our dry port is fully operational,” H.E. Masisi said, adding that Botswana and Namibia were also seriously exploring the construction of a railway line linking the two countries.

“The possibility (of constructing a cross border railway link) has been there, the opportunity exists even more now with the expansion of the Walvis Bay container terminal, he said.

The N$4 billion container terminal at Walvis Bay TransNamib Holdings and Botswana Railways recently signed

The N$4 billion container terminal at Walvis Bay

TransNamib Holdings and Botswana Railways recently signed a Memorandum of Understanding to speed up the development of the proposed Trans Kalahari Railway (TKR) project, which would link the two countries by rail.

The MoU serves as a short to medium- term partnership to connect the two rail companies via a rail and road intermodal service between Namibia and Botswana.

A railway linkage from Walvis Bay to the eastern town of Gobabis will reduce the road transportation return trip by about 1 200 km and would

conveniently serve markets of Botswana, Zambia, South Africa and Zimbabwe.

The establishment of dry ports at Walvis Bay will broaden the gateway for international trade to and from the SADC region to Europe, the Americas and the Far East. Through the Walvis Bay Corridors, the infrastructure and location of the port makes it suitable to serve SADC import and export bound sea-borne cargo.

The Walvis Bay port also now boasts new digitalised systems and equipment, which will raise the competitiveness of the port and route. The increase of the port’s handling capacity will allow for increased productivity and efficiency, making Walvis Bay a more attractive trans-shipment hub and gateway into the region.

In 2018, cargo volumes at Walvis Bay increased by 15%, a positive indication of increased cargo flow through the port. The new modern container terminal is expected to increase the container handling capacity from the current 355,000 twenty-foot equivalent units (TEUs) to up to at least 750,000 TEUs per annum, whilst ample space for optimisation and expansion of the initial facility exists.

The Walvis Bay port has now been upgraded to a level where it can compete for clients with the regional powerhouse ports of Durban (South Africa) and Beira (Mozambique) and NamPort aims to serve the over 300 million people in SADC through the port. It is for this reason that NamPort is promoting the development of trade corridors, namely: Trans-Kalahari Corridor, Walvis Bay-Ndola-Lubumbashi Corridor, Trans-Kunene and the Trans- Orange Corridor going into South Africa.

Namibia Industrial Development Agency (NIDA) geared towards Growing Sustainable Industries

T he Namibia Industrial Development Agency (NIDA) is the

newest State Owned Enterprise (SOE) created under the

Ministry of Industrialisation, Trade and SME Development

(MITSMED).

NIDA, which came into existence in 2018, was established in terms of Act No.16 of 2016, to advance Namibia’s industrialisation agenda in line with the country’s policies and developmental strategies, such as the Growth at Home Strategy, Harambee Prosperity Plan and 5th Namibia Development Plan (NDP5).

The medium-term core focus of NIDA is anchored on: employment creation, entrepreneurship development, investment facilitation and attraction, export oriented industrial growth, import substitution, and youth empowerment.

NIDA currently manages about 280,000 hectares of farmland spread across six commercial farms whose operations are in compliance with all business and trade regulations as well as pesticide requirements including Good Agricultural Practices.

In addition, the Agency manages 148 industrial estates and Small and Medium Enterprise (SME) business parks, with well- developed water and sewer mains as well as lead road, air and rail improvements across the country, housing about 1 080 enterprises.

NIDA has also set aside adequate industrial land available for private sector development in different towns across the country, such as in Tsumeb, Otavi, Divundu, Walvis Bay, Karibib, Okahandja, Opuwo, Witvlei, Otjiwarongo, Omaruru, Oshakati, Brakwater and Prosperita in Windhoek.

To support growing agro industries, NIDA reserved ample hectares of land for innovative investments in the agro industry with a focus in value addition and manufacturing ingenuities and has set aside arable land for development in various parts of the country under joint venture models.

These include: 200 ha at Naute farm for grapes, butternuts and lucerne; 1,200 ha at Neckartal dam farm for grapes and dates; 30 ha at Eersbegin farm for dates; 1,000 ha at KCR farm for cultivated pasture; and 2,000 ha at KCR farm for citrus.

With shovel-ready sites, and a trainable and youthful workforce available in Namibia, NIDA is primed to serve the needs of climate-smart agriculture, renewable energy, value-addition and manufacturing clients, investors and promoters and to lead Namibia towards industrialisation.

NIDA Mandate

Research, Innovation & Technology

NIDA Mandate Research, Innovation & Technology Promote Import Substitution Industrial Development
Promote Import Substitution Industrial Development Promote Economic Development
Promote Import
Substitution
Industrial
Development
Promote Economic
Development

Act as the Agent of Equity Investment

Develop Industrial & Business Infrastructure

Foster Economic

Transformation

Leading Industrial

Development Policy

Framework

Initiate & grow EPZ/SEZ Regime

Policy Framework Initiate & grow EPZ/SEZ Regime 20 INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2

NIDA’s Industrial and Business infrastructure

NIDA’s Industrial and Business infrastructure Oshikango Inland Goods and Container Terminal The locations of NIDA
NIDA’s Industrial and Business infrastructure Oshikango Inland Goods and Container Terminal The locations of NIDA

Oshikango Inland Goods and Container Terminal

The locations of NIDA Agricultural and Industrial facilities in Namibia

Katima Mulilo All enquiries should be addressed to: Namibia Industrial Development Agency Private Bag 13252
Katima Mulilo
All enquiries should be addressed to:
Namibia Industrial Development Agency
Private Bag 13252
11 Goethe Street
NIDA Building
Windhoek, Namibia
Tel: +264 61 206 2294
E-mail: marketing@nida.com.na or info@nida.com.na
206 2294 E-mail: marketing@nida.com.na or info@nida.com.na Katwitwi Industrial Parks Kavango Cattle Ranch Naute

Katwitwi Industrial Parks

or info@nida.com.na Katwitwi Industrial Parks Kavango Cattle Ranch Naute Irrigation Project INVEST NAMIBIA

Kavango Cattle Ranch

Katwitwi Industrial Parks Kavango Cattle Ranch Naute Irrigation Project INVEST NAMIBIA JOURNAL VOLUME 2 |

Naute Irrigation Project

INVITATION FOR EXPRESSION OF INTEREST (EOI) TANNERY DEVELOPER AND OPERATOR FOR HIDES AND SKINS PROCESSING
INVITATION FOR EXPRESSION OF INTEREST (EOI) TANNERY DEVELOPER AND OPERATOR FOR HIDES AND SKINS PROCESSING

INVITATION FOR EXPRESSION OF INTEREST (EOI) TANNERY DEVELOPER AND OPERATOR FOR HIDES AND SKINS PROCESSING AT THE NORTHERN TANNERY IN ONDANGWA, NAMIBIA

(OPEN INTERNATIONAL BIDDING)

REF: S/RP/NIDA/02/05/2019

The Namibia Industrial Development Agency (NIDA) is soliciting private sector enterprises, natural persons and/or other commercial legal entities to participate in the tanning of hides and skins by upgrading and operating the Northern Tannery facility located in Ondangwa (Oshana Region, Namibia). The Northern Tannery facility, owned by the Ministry of Industrialization, Trade and SME Development, was established with an objective to tanning cattle hides in order to create employment opportunities, and for the manufacturing of quality secondary leather products.

NIDA seeks Expression of Interest (EOI) from technically qualified and financially sound private investor(s) or consortium for undertaking the tannery business, preferably under a Build, Operate and Transfer model. The prospective operator is expected to capitalize in the Northern Tannery modernization and standardization for all the necessary upgrades, and commercially operate the tannery in support of the national hides and skins industry development framework, and the broader value-chains and product diversification opportunities recognized under the Growth at Home Strategy.

Interested parties can request the EOI Guidelines from procurement@nida.com.na as from Monday 19th May 2019. Viewing of the Northern Tannery facility is strictly by appointment only and not later than Wednesday 12th June 2019. Responsive EOI, along with supporting and background information about the technical competence and financial capability to undertake the commercial tannery venture, must be submitted no later than 11h00 on 30th June 2019 to:

Namibia Industrial Development Agency

Procurement Management Unit

11 Goethe Street, Windhoek, Namibia

The information should also include the applicants’ complete corporate and legal profile (single entity and/or consortium); nature of business and experience in the tannery industry and value chains; model of investment and operation; youth and women empowerment concept; hides and skins marketing and trade record; audited financial statements for the last three years; and contact details. Namibian legal entities comprising of predominantly youth and women enterprises are encouraged to apply. Additional information may be obtained by formal request to procurement@nida.com.na with reference “EOI Northern Tannery”. The applicant will ensure that their EOI, duly sealed and signed, complete in all respects as per instructions contained in the EOI Guidelines are dropped in the tender box located at the address given above on or before the closing date and time indicated, failing which the EOI will be treated as late and rejected.

Namibia to host Economic Summit end of July

N amibia will host a two-day

Economic Summit in Windhoek

from July 31 to August 1, 2019, with

the primary aim of attracting at least US$1 billion worth of local and international investments over the next two years.

As directed by H.E. President Hage Geingob, the newly-constituted High Level Panel on the Namibian Economy, headed by businessman Mr Johannes !Gawaxab, will coordinate the hosting of the Economic Summit under the leadership of the Vice President, supported by the Office of the Prime Minister and in collaboration with the Ministries of Industrialization, Trade & SME Development; Finance; Economic Planning and other key economic agencies.

The two-day event, under the theme:

“Economic Revival for Inclusive Growth - Strengthening the Namibian House,” is aimed at growing the country’s economy, creating job opportunities, promoting Namibia as an attractive investment and tourist destination and identifying and removing bottlenecks that are slowing down Namibia’s economic growth.

The Summit, which expected to attract 600 delegates from both within Namibia and abroad, will provide a platform to showcase growth and investment prospects in Namibia as well as present local and international investors with

a portfolio of investment projects in several sectors.

“It will also be a platform for information

exchange and dialogue between governments, local and international businesses as well as civil society leaders and stakeholders,” an announcement by the Ministry of Information Technology and Communication stated.

The Summit will be preceded by preparations and consultations with all stakeholders in order to build and sustain public-private sector consensus on proposed remedial interventions;

sector consensus on proposed remedial interventions; Some members of the High Level Panel on the Namibian

Some members of the High Level Panel on the Namibian Economy appointed by President Hage Geingob in April

mobilise resources for hosting of the event; develop an agenda and identify properly scoped investment opportunities to be promoted at the event.

“This is a genuine effort on the part of the Government to augment and supplement interventions aimed at growing the Namibian economy.

“The summit will also provide for concurrent breakaway sessions to debate Public-Private-Partnerships to revive the construction sector, investment in infrastructure projects to help stimulate growth, employment creation, manufacturing and unlocking agriculture towards sustainable food security and job creation,” the ICT Ministry said further.

During his State of the Nation Address President Geingob reiterated that the immediate deliverable he expected from the High Level Panel on the Namibian Economy was to coordinate the hosting of the two-day Economic Growth Summit in July.

When he announced the appointment of the panel at State House in April,

the President reiterated that although Namibia’s democracy has established sound Governance and Macro-Economic architectures, underpinned by a solid foundation of, Peace, Stability, Unity and the Rule of Law, deficits persist within the country’s Socio-Economic landscape.

Among the key tasks of the panel are:

• Conduct rigorous analysis of existing economic policies, regulatory environment and the ease of doing business, to identify bottlenecks undermining the attraction and retention of investment and economic growth (e.g. structural and bureaucratic).

• Recommend policy approaches, strategies and remedial interventions to revive and accelerate Namibia’s economic performance, through private sector led investment.

• Advise on the strategic development process of ‘Brand Namibia’, to position Namibia as a Tourism and Investment destination of choice, and country of origin for high value goods and services.

Namibia seeks to protect lucrative European meat market

Namibia seeks to protect lucrative European meat market MITSMED Minister Hon. Tjekero Tweya I n a
Namibia seeks to protect lucrative European meat market MITSMED Minister Hon. Tjekero Tweya I n a

MITSMED Minister Hon. Tjekero Tweya

I n a bid to consolidate its hold on

the export market of premium beef,

Namibia has been preparing measures

to protect its beef exports to Europe, as part of its Economic Partnership Agreement (EPA) with the European Union, against the possible repercussions of Brexit.

Minister of Industrialisation, Trade and SME Development (MITSMED), Hon. Tjekero Tweya, says the measures include exploring new and direct markets among the current European Union (EU) member states. The bulk of Namibian premium beef enters the EU market via the United Kingdom (UK).

However, the Namibian government fears that with the Brexit uncertainty, particularly regarding customs arrangements, beef exports could be limited or go through a cumbersome process of EU import regulations and protocols all over again.

The Ministry is now targeting individual EU member states for direct market access. “We are, especially myself, praying on a daily basis that things should go right. I would not want to hear or experience that Namibian products, especially beef, has landed in Amsterdam destined for the United

Kingdom and suddenly they say ‘Sorry, we do not have any agreement with your country’. It is going to be a serious disappointment.

Therefore, it is our responsibility to already look for alternative markets so that in the event that no trade agreements are signed, Namibia does not sit with products that do not have a market,” said Hon. Tweya.

Given Namibia’s climatic conditions and the impact on beef production, the capacity to serve additional markets could be another hurdle. The EU receives over 9,000 tonnes of Namibian beef together with Norway and the UK.

High quality Namibian natural beef has proved to be popular in a number of European

High quality Namibian natural beef has proved to be popular in a number of European countries

While the latest could be seen as another measure of enhancing the Meatco market for premium beef, Meatco’s Board Chairperson, Dr Martha Namundjebo- Tilahun last month stated that the company was also looking to explore the Guinea market with is premium quality beef.

“Given our track record to deliver quality meat products internationally, we are excited about exploring a new market like Guinea. I am happy to confirm that our team is ready to develop this market opportunity through the leadership of His Excellency Dr Hage Geingob and the various line ministries,” Dr Namundjebo- Tilahun said during President of Guinea, H.E. Alpha Condè’s visit to the Meatco factory.

Tracing beef from farm-to-fork

Meanwhile, Meatco continues to sell beef products to high-end retail outlets, restaurant chains, processors and

manufacturers all over the world. These customers demand products that are healthy and wholesome. Traceability refers to the capacity to identify the origin of beef. It looks beyond the label to uncover the story of where the product came from before finally reaching a consumer’s plate.

Thanks to pioneering technology, Meatco provides a great level of traceability precision and accuracy. Consumers can trace products right back to the original animal, unequivocally guaranteeing farm- to-fork traceability.

PeterSchaepe,oneof Meatco’scommercial producers, says he appreciates the farm- to-fork principle since it helps farmers improve their production methods.

“I really like the farm-to-fork principle because there is someone, somewhere in the country or in the world eating our meat, complementing our product. So we know when we are doing something right or if we need to improve,” Schaepe says.

The traceability technology allows producers to take pride in their animals, and at the same time makes Meatco’s job of marketing beef easier, since clients are assured of the company’s standards.

Industry experts are continuously defining sustainable beef production. This involves protecting the land, guarding animal welfare and conserving natural resources.

Traceability helps confirm the genuineness of sustainably-sourced products by guaranteeing their origin. Through regular independent audits at every point in the supply chain, Meatco can support producers’ claims by confirming origin of the beef sold to clients.

Traceability also provides Meatco with fantastic marketing opportunities because consumers are becoming more and more concerned about the inputs and practices used to produce food. Thus the ability to trace meat to its source is an essential step in sharing this information with consumers.

Namibia and neighbours push for ivory trade

Namibia and neighbours push for ivory trade Presidents H.E Masisi (Botswana), H.E Geingob (Namibia), H.E Mnangagwa

Presidents H.E Masisi (Botswana), H.E Geingob (Namibia), H.E Mnangagwa (Zimbabwe) and H.E Lungu (Zambia) pictured at the Elephant Summit held in Kasane Botswana

N amibia and four other southern

African nations with the world’s

largest elephant population are

lobbying to be allowed to trade in ivory in order to benefit the people who live alongside the animals as well as the

economies of these states.

Namibia, alongside Botswana, Zimbabwe, Zambia and Angola have argued that conflict between elephants and rural farmers was escalating and that the elephant population needed to be brought under manageable numbers.

The elephant population in Namibia alone increased from 7 500 to 24 000 between 1995 and 2019, while in Botswana it has surged to 160 000 from 55 000 in 1991. Zimbabwe has 85 000 elephants when the country’s national parks and conservation areas can only cope with about 50 000.

Ivory sales are currently not allowed without approval from the international community through the Convention on International Trade in Endangered Species of Fauna and Flora (CITES). CITES imposed the ban in 1989 to reverse a sharp decline in the African elephant population following increased levels of poaching. Obtaining approval from CITES is a tedious and cumbersome process which most of the countries affected by the escalating elephant population don’t want to subject themselves to.

The leaders of the five countries converged

at Kasane, Botswana, in May, for the Elephant

Summit to try and find common ground towards elephant population management, maintaining that conflict between elephants and rural farmers was getting

out of control. The first-of-its-kind summit was convened under the theme ‘Towards

a Common Vision for the Management of

Southern Africa’s Elephant’.

Namibia and its neighbours were last allowed to auction their ivory stockpile way back in 2008. Through four auctions, conducted under the strict supervision of the CITES Secretariat, Namibia, Botswana, South Africa and Zimbabwe sold the 102 tonnes of ivory to Chinese and Japanese accredited traders for a total amount of US$15, 4 million (over N$223 million at the current exchange rate).

President Hage G. Geingob, who is also the current Chair of SADC, is leading the regional call for controlled legal trade in ivory, noting that there are concerns over the cost and security of holding on to large ivory stocks.

“Namibia continues to exercise strict control over ivory stocks. However, stocks continue to accumulate by an average of

Namibia and its neighbours were last allowed to auction their ivory stockpile way back in
Namibia and its neighbours were
last allowed to auction their ivory
stockpile way back in 2008

A number of SADC member states are battling to control large stockpiles of ivory

4,5% per annum, primarily through natural mortalities. I support KAZA’s efforts on elephants. We should not be victims of our success in conservation,” he said.

KAZA is the Kavango-Zambezi Transfrontier Conservation Area, situated where the international borders of the five countries of Angola, Botswana, Namibia, Zambia and Zimbabwe converge. It includes a major part of the Upper Zambezi River and Okavango basins and Delta, the Caprivi Strip of Namibia, the southeastern part of Angola, southwestern Zambia, the northern wildlands of Botswana and western Zimbabwe. The centre of this area is at the confluence of the Zambezi Chobe Rivers where the borders meet. It incorporates Chobe National Park, Hwange National Park, and the Victoria Falls.

Botswana President Mokgweetsi Masisi, who convened the summit, said the southern African countries can no longer “continue to be spectators while others debate and take decisions about our elephants.”

Botswana recently lifted its ban on elephant

hunting, arguing that the move was justified

by

an

increase

in

the

jumbo

animal’s

population

and

its

impact

on

farmers’

livelihoods.

 

Zimbabwe President Emmerson Mnangagwa said: “Let us resolutely affirm

Emmerson Mnangagwa said: “Let us resolutely affirm Environment and Tourism Minister Hon. Pohamba Shifeta

Environment and Tourism Minister Hon. Pohamba Shifeta attending the Elephant Summit

our position on elephant management and speak with one voice for our communities. That one size fits all approach from CITES of banning everything disregards the good efforts of our governments and is neither sustainable or advisable”.

President Geingob and President Masisi said it was not by accident that the region was home to the largest population of elephants, but that the countries’world class conservation and management practices had been a huge success.

The southern African states want to be allowed to legally trade in ivory internationally and use the proceeds from the sales to support elephant conservation and rural conservation programmes in their countries.

Namibia’s current ivory stockpile stands at about 70 000kg, with a value of N$125 million - an amount which could go a long way in supporting the country’s elephant conservation and rural conservation programmes.

NAMIB DUNE EXPLORATION
NAMIB DUNE EXPLORATION
NAMIB DUNE EXPLORATION Partake in this 5-day expedition to Sos- susvlei in the Namib Desert, the
NAMIB DUNE EXPLORATION Partake in this 5-day expedition to Sos- susvlei in the Namib Desert, the

Partake in this 5-day expedition to Sos- susvlei in the Namib Desert, the world’s oldest desert. Sossusvlei, a salt and clay pan, surrounded by high red dunes, lo- cated in the southern part of the Namib Desert, in the Namib-Naukluft National Park of Namibia. The name “Sossusvlei” is often used in an extended meaning to refer to the surrounding area (including other neighbouring vleis such as Deadv- lei and other high dunes), which is one of the major visitor attractions of Namibia.

Built in an environmentally sensitive manner, primarily from wood, canvas and thatch, in an attractive ‘afro-village’ style, Sossus Dune Lodge off ers guests an evocative and life-changing experience. Situated within the Namib Naukluft Park, guests benefit from being able to reach Sossusvlei before sunrise and stay un- til after sunset, and on their return after an exhilarating day, relax in the tranquil- lity and splendour of the Namib Des- ert, under the spectacular African sky.

Go on a 5-day wellness retreat to our Gross Barmen Resort and get a de- stress treatment. Gross Barmen Re- sort is located around 100 km from the capital city of Windhoek, nestled on the banks of a tributary of the Swa- kop River. Set between rows of palm trees, green lawns and many pleasant walks, the resort is ideal for all ages.

Gross Barmen includes facilities for spa & wellness, fitness, recreation, and lei- sure. The main attraction of the resort is the health and hydro/ medical spa cen- tre, featuring thermal springs and provid- ing a full range of treatments, massag- es, and health activities for relaxation.

massag- es, and health activities for relaxation. WELLNESS GETAWAY Visit www.nwr.com.na/mice for more
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7169 | +264 61 285 7188 mice@nwr.com.na www nwr com na 28 INVEST NAMIBIA JOURNAL VOLUME
INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 29

Special Economic Zones targeted for industrial growth

The Ministry of Trade, Industrialisation and SME Development (MITSMED) is in the process of developing the incentives for Special Economic Zones (SEZs) that are primed for trade and industrial growth in view of realising goals set in the 5th National Development Plan (NDP5) and Vision 2030.

Deputy Executive Director at MITSMED, Dr Michael Humavindu, told Invest Namibia Journal that the ministry was in the second phase of putting together a comprehensive framework with incentives that would operationalise the SEZ that are being widely seen as an improved replacement of the Export Processing Zone (EPZ).

“The Special Economic Zones framework which we took to Cabinet last year for approval was the first phase in our plan to set up SEZs that will progress us towards our goal of industrialisation. So essentially that first phase was an overall framework which was approved and now we are working on the second phase which is developing the incentives that will make these zones effective. We are busy working on these with the Ministry of Finance and we hope to define terms and other key elements so that we get our ducks in a row,” Dr Humavindu said.

so that we get our ducks in a row,” Dr Humavindu said. Dr Michael Humavindu, MITSMED

Dr Michael Humavindu, MITSMED Deputy Executive Director

What is currently clear on the SEZ is that the eligibility criteria for admission encompass, manufacturing and processing activities, greenfield projects, employment creation, value addition, investment value, linkage to the domestic economy, innovation, profitability, compliance and skills transfer. In the event that the applicant is foreign owned, the amount of equity by Namibians in the company should be indicated. The SEZ has is sight firmly set on the manufacturing,

automotive, jewellery, mineral processing, pharmaceuticals as well as agro-processing industries.

In addition to the Growth at Home Strategy, other industries to be targeted include tourism, specifically high-end accommodation facilities. Dr Humavindu said the EPZ regime was found to be limited geographically and was also constrained in markets as it was limited to exports only. “Special Economic Zones, on the other hand,

have no geographical limitation or product

limitations. We seek to replace the EPZ regime and provide proper incentives that meet our goal of using these zones to industrialise Namibia,” extended Dr Humavindu. Namibia has been seeking ways of creating

a favourable investment environment in

the country to attract foreign capital that is essential to revive industrialisation goals.

A SEZ is an area in which the business and

trade laws are different from the rest of the country. SEZs are located within a country’s national borders, and their aims include increased trade balance, employment, increased investment, job creation and effective administration. Subsequently and

more so for Namibia, this SEZ initiative aims

to

overcome barriers that hinder investment

in

the wider economy, including restrictive

policies, poor governance, inadequate infrastructure, and problematic access to land. In a much narrow view, Namibia’s SEZ Draft Policy Framework document clarifies envisaged goals with key emphasis on the goal to allow enterprises to produce goods and services that are globally competitive and thus trade effectively with neighbouring countries and the rest of the world.

The policy will serve as one of the execution tools to achieve the goals of Vision 2030,

of the execution tools to achieve the goals of Vision 2030, Special Economic Zones will help

Special Economic Zones will help create a favourable investment environment to attract foreign capital that is essential to revive industrialisation goals

the investment legislation, industrial policy, the Growth at Home strategy and the national development plans through provision of targeted economic incentives. Although there is still need to iron out the final incentives, the Draft Policy Document also mentions that for manufacturers and processors, a tax rate of 18% on taxable income for ten years is one of the incentives. Indeed, many of the incentives have to do with tax, but other incentives such as preferential access to public procurement are being mooted including an exemption

on

residents and non-residents.

from

payment

of

tax

dividends

for

The policy also suggests that other incentives such as cash grants towards construction costs and optional financing securing from national institutions such as the Development Bank of Namibia (DBN) and Agribank will make part of the final law while mooted incentives for the tourism industry include a 10% tax allowance on the wage bill as well as 50% training allowances.

Your Global RoRo Specialist Think RoRo Think NMT INVEST NAMIBIA JOURNAL NMT International Namibia (Pty)
Your Global RoRo Specialist
Think RoRo Think NMT
INVEST NAMIBIA JOURNAL
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Tel: +264 64 205 300 | Email: namibia@nmtshipping.com | Website: wwwnmtshipping.com

Energy efficiency, innovation to boost industrial competitiveness

efficiency, innovation to boost industrial competitiveness Mines and Energy Minister Hon. Tom Alweendo, (middle), UNIDO

Mines and Energy Minister Hon. Tom Alweendo, (middle), UNIDO Representative Khaled El Mekwad (middle to right); and Dr Claudia Fischer, Charge d’Affaires a.i. of EU Delegation, with delegates who attended the energy conference

N amibia and fellow Southern African

nations have taken first steps

towards boosting their industrial

competitiveness through the promotion of energy efficiency and innovation.

Namibia hosted SADC’s first Industrial Energy Efficiency Conference in May, which brought together over 150 regional and international experts to take stock of the status of industrial energy efficiency, share best practices, identify policy recommendations and outline investment prospects.

“Energy efficiency is the most cost- effective way to support industry in overcoming barriers in improving their competitiveness and addressing the effects of climate change. That is why we say Energy Efficiency is the First Fuel”, said Hon. Tom Alweendo, Minister of Mines and Energy.

With recurring and often prolonged droughts, Hon. Alweendo said the

power supply status in the region was in a precarious situation and this called for accelerated efforts in adopting and implementing energy efficiency, as well as other climate change mitigation and adaptation measures across all the facets of our economic sectors.

“The SADC Industrialisation Strategy and Roadmap (2015-2063) on the one hand, identifies energy as a major barrier, and on the other as a key enabler for industrial competitiveness of the region. It is our understanding that energy costs are significant as they represent about 20- 35% of the production costs of industries in a number of countries in the SADC region. This is the trend in all member countries where the manufacturing industry is a significant consumer of energy. It is regrettable to note that very few improvements in energy conservation are taking place largely due to a general lack of awareness and guiding policy frameworks for energy efficiency,” the Minister told the conference.

The European Union has rendered support to the recently-established SADC Centre for Renewable Energy and Energy Efficiency (SACREEE) in developing the SADC Industrial Energy Efficiency Programme (SIEEP). The programme is designed to assist the SADC industrial sector to become competitive by using less energy for the same service, or as efficiencies increase even offer additional services more effectively, at comparable quality and quantity of products through an enabling environment (policy, regulatory, institutional, financial frameworks) as well as projects that will demonstrate energy savings and the co-benefits of reduced costs of doing business.

Additionally, greenhouse gases (GHG) emissions, job creation and contribution to industrialisation in the SADC region are aimed to be prioritised in the implementation of SIEEP.

Hon. Alweendo tries out the SunCycle; Prize Winner Ms Marita Walther (far right) from EBikes4Africa,

Hon. Alweendo tries out the SunCycle; Prize Winner Ms Marita Walther (far right) from EBikes4Africa, proudly shows her winners certificate.

Partnership within SADC countries is therefore key to unlocking the economic value brought by energy efficiency across the value chain.

Dr Claudia Fischer, Chargé d’Affaires at the European Union Delegation in Windhoek, said energy was the sector on which SADC can depend on in the coming years.

“Energy serves as a lever for development, a pole attracting investment and as a vehicle to create numerous jobs. It is on this basis that the EU has committed resources to assist the

SADC Industrial Energy Efficiency Initiative,” she said in her address to the conference.

The

comprehensive policy and legal

framework, as well as lack of financing

barriers to the

development of energy efficiency in SADC.

options as the main

EU has identified inadequate

“Sustainable and modern energy is crucial to meet the Paris Agreement. Therefore, the EU stands ready to establish partnerships with SADC and other regional organisations to support their energy transition efforts. These efforts are essential for building resilience and fight against climate change,” said Dr Fischer.

role in

assisting SADC countries set their own

SACREEE

is

playing

a

key

lead

national targets and in raising awareness on technologies and policies.

SACREEE Executive Director Kudakwashe Ndhlukula, in his presentation, said energy efficiency was a topical issue in light of power constraints in the SADC region. Energy presents high production costs in industry in the region while past demand-side management (DSM) initiatives were mainly outside the industrial sector.

Ndhlukula reiterated that some of the major gaps identified limiting adoption of energy efficiency and renewable energy activities in industry include lack of comprehensive, clear andharmonizedpolicies,strategiesandtargets for EE/RE adoption and regulatory framework, such as energy management regulations, performance standards for equipment and services; and weak tariff regimes.

There are also limited incentives for uptake of energy efficiency and renewable energy, while access to financing remains limited, especially for small and medium enterprises.

Innovation drives De Beers Marine

D ebmarine Namibia’s Chief Executive Officer, Otto Shikongo, has highlighted innovation as a

key instrument to the mine’s success in recent times.

“The continuous improvement in the company over the years is attributed to its dedicated employees and constant improvement in technology, making Debmarine Namibia an industry leader that embraces the future with confidence,” Shikongo said.

Debmarine Namibia, a recognised world leader in marine diamond exploration and mining, produced 1.436 million carats, contributing 76% to the total output of Namdeb Holdings in 2018.

Royalties and corporate tax paid to the Namibian Government the 50% shareholder by the company amounted

to N$2.4 billion, with an additional N$350 million in dividends paid by Debmarine in

2018.

Over a five-year period, from 2014 to 2018, Shikongo revealed that the company has directly contributed N$16.4 billion to the Namibian economy becoming the single largest contributor to the fiscus.

The four percent year-on-year increase in the company’s output was due to technology improvements in the drillship rate. Total revenue generated was N$8.9 billion in 2018, an 11% increase compared to 2017 that was driven by increased production, a favourable exchange rate, competitive pricing and improved consumer demand.

Looking at the future prospects Shikongo

consumer demand. Looking at the future prospects Shikongo Debmarine CEO Otto Shikongo noted that: “World economic

Debmarine CEO Otto Shikongo

noted that: “World economic growth is slowing, with key lead indicators suggesting a further slowdown. Although recession risk is low, lower World GDP growth of about 3% will impact growth in demand for luxury items, including diamond jewellery.

“Challenges are inclusive of diamond prices, N$/US$ exchange rate volatility, inflationary pressures and fuel prices. On the other hand, there are real prospects in production expansion and sampling capacity.”

NEW N$7 BILLION VESSEL Further, Debmarine Namibia will look to increase its diamond production capacity by 35% when it commissions its new diamond recovery vessel which will be constructed to the tune of N$7 billion.

Scheduled to be production ready by 2022, the ship will be the seventh vessel in the Debmarine Namibia fleet with a capacity to add 500,000 carats of diamonds per annum. Anglo American chief executive Mark Cutifani said: “The addition of this custom-built vessel for the Debmarine Namibia joint venture

An illustration of Debmarine’s new diamond vessel AMV3 will bring numerous benefits – in terms

An illustration of Debmarine’s new diamond vessel AMV3

will bring numerous benefits – in terms of De Beers’ production profile by value and volume, the technologies that can be deployed from the outset to deliver greater efficiency and productivity, and sustained economic benefits for Namibia.

“We will continue allocating appropriate levels of capital in a disciplined manner across Anglo American’s wider organic pipeline of near- and medium-term growth opportunities, including the world- class Quellaveco

copper development in Peru, that we expect to contribute towards our 20-25% production growth by 2023.”

Namibia has the richest known marine diamond deposits in the world and is among the top 10 producers of gem quality diamonds globally. The journey of offshore marine diamonds started billions of years ago when volcanic activity sent diamonds into the riverbed of the great Orange River, which over millions of years washed the diamonds into the Atlantic Ocean.

“Some of the highest quality diamonds in the world are found at sea of the Namibian coast. With this investment we will be able to optimise new technology to find and recover diamonds more efficiently and meet growing consumer demand across the globe,” De Beers Group CEO Bruce Cleaver. During a recent stakeholder engagement event, diamond mining

was affirmed as a significant contributor to the Namibian economy by Director of Research at the Bank of Namibia, Florette Nakusera. She explained that diamond mining contributed an average of 8.2% to Namibia’s Gross Domestic Product (GDP) from 2013 to 2017 and achieved an average growth rate of 2.6% over this period. The sub-sector is by far the largest contributor to mineral royalty payments and corporate taxes paid by the mining industry.

Debmarine continues to invest in the country’s youth, not only through its bursary scheme and other in-house educational programmes, but also in corporate social responsibility initiatives.

Through its social investment fund, the company invests approximately N$9 million annually on community development initiatives focusing on women empowerment, early girl- child development, education, health and welfare, capacity development, conservation, and SME development through the Debmarine-Namdeb Foundation.

Meatco embraces technology with mobile App

Meatco embraces technology with mobile App Meatco continues to apply new technologies to ensure that its

Meatco continues to apply new technologies to ensure that its operations remain efficient

T he Meat Corporation of Namibia (Meatco) has released

its producer mobile application, the Meatco Go App, a

first of its kind that is set to better manage data collection

and processing to ensure efficiency and accuracy. This comes at the backdrop of Government’s continued efforts to drive technology driven growth and service delivery as the country looks to maximise the benefits of smart technologies.

Ms. Rosa Hamukuaja-Thobias, Manager Corporate Affairs at Meatco, told the Journal that the company is striving to bring more flexibility to producers so that they are not taken away from their work to sort out paper work but are rather able have access to do some administrative work from their respective farms and at any given time using their mobile gadgets.

Meat producers who have registered on the Meatco Go App can sign online for delivery agreements as well as the special deliveries related to specific dates that the company gives to its producers. Furthermore, producers are able to view the slaughter plan and the App allows them when they would want to make a change on delivery dates to make such changes in the comfort of their homes without the need to visit the Meatco offices, an exercise that was both costly and taxing.

“Producers will be able to change delivery dates and view a summary of slaughter statement. Overall, the new system is a better way to serve our valued producers and will also be

a better way to serve our valued producers and will also be ICT Minister Hon. Stanley

ICT Minister Hon. Stanley Simataa

beneficial to Meatco as a business entity. The new system is an initiative that was necessitated by the ever-changing technological world and Meatco’s principal of always striving towards creating easy interaction with producers at all levels, thus ensuring better working relations,” Hamukuaja-Thobias explained.

Giving specification on how to use the new App, Hamukuaja-Thobias highlighted that the process follows an easy routine procedure that made it convenient.

Meatco continues to apply new technologies to ensure that its operations remain efficient Top quality

Meatco continues to apply new technologies to ensure that its operations remain efficient

Top quality cattle making their way to the Meatco abattoir

“All you need to do is to open an internet browser either on your phone, tablet or computer and type in: mobile.meatco.com. na and click on register. In the email field type in your email address and it is important that it is the email that we have on our internal systems. In other words, the same one you get the e-news on. Type in the password you like and click submit request. You will now be returned to the main page. Type in your email address and password and click login. That is the whole process involved,” she said.

Over the years, Meatco has been one of the organisations that focuses on value addition to create wealth at home. In its operations and as is with the App, Meatco has made interventions to support value addition, upgrade and diversify through a needs-oriented and comprehensive approach to industrial development and structural transformation towards a more productive working cycle with stakeholders.

The call to digitise the economy is not new. At the 5th ICT summit, Information and Communication Technology Minister Hon. Stanley Simataa said the country needs to make substantial investments in new technologies to yield significant benefits and encourage the adoption of the latest applications to improve accessibility and connectivity.

“We need to address the perpetual human capacity challenges we are faced with. Unless addressed, this will be a huge drag on our ability to navigate the imminent onset of the 4th Industrial Revolution.

“For our country to avoid remaining on the periphery of the 4th Industrial Revolution, we must contemplate a host of policy and regulatory interventions that will place us in better stead to harness the benefits of this imminent and unavoidable development,” the Minister said.

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Namibia’s uranium sector set for upturn

O ver the medium to long term, the uranium sector in Namibia is expected to not only contribute

towards the country meeting its socio- economic development goals, but is also expected to contribute towards the use of clean energy globally, especially within the domestic markets of our strategic trading partners in China.

Namibia currently supplies 5% of the world’s uranium oxide output, making the country the 6th largest producer of uranium. Namibia’s uranium mines are forecasted to have reserves that are capable of producing 10% of the global output until 2035.

Since 2012, low commodity prices have subdued economic activity in the uranium sector. As a result, a number of mines, including Langer Heinrich and Trekkopje mine, have been deemed uneconomically viable and as such have been placed under care and maintenance.

The closure and placement into care and maintenance of large uranium mines within the sector has resulted in the country’s production of uranium dropping by 40% between 2012 and 2015.

However, production has begun to increase year-on-year since 2016 and over the medium term, the China General Nuclear Power Group owned Husab mine is expected to contribute significantly towards driving growth in the sector.

According to the Bank of Namibia, in 2018 uranium production grew by 64.8 percent increasing the production of uranium oxide from 10 million pounds (lbs) in 2017 to 17 million lbs in 2018. This results in the revenue derived from uranium exports

This results in the revenue derived from uranium exports The Rössing uranium mine at Arandis increasing

The Rössing uranium mine at Arandis

increasing significantly by 95% to N$9 billion in 2018 from N$4.7 billion in 2017.

Despite the low uranium prices, there are a number of uranium projects in the pipeline. This includes 5 new potential mines which are expected to be developed from 2020 onwards, however, this will be contingent on the recovery of uranium prices. The prospective mines to be developed include the Etango Project by Bannerman Resources, Norasa Uranium by Valencia Uranium and Reptile Uranium by Tubas and Tumas projects.

In discussing the prospects of the uranium sector, it is important for one to be cognizant of the fact that uranium does not trade on an open market as other commodities do. Instead, buyers and sellers negotiate contracts privately - with nuclear utilities buying uranium through long-term contracts. This has insulated a number of active mines from price fluctuations and enabled them to continue to with production.

Looking at future prospects, the recently

completed Husab mine is expected to contribute significantly to Namibia’s growth outlook over the medium to long

term. At full capacity, the open-pit mine is set to have production output of 6.8 thousand tonnes (kt) per year, which alone amounts to more than double of Namibia’s uranium output of 2.9 kt in

2017.

With these promising prospects in place, the sector can aspire to contribute as significantly as the diamond industry has towards bolstering Namibia’s GDP and increasing the country’s export earnings.

We at Standard Bank Namibia alongside the Namibian government are excited by the prospects within the uranium sector which in recent months has included increased level of investments and increased exploration activities. Standard Bank Namibia is thrilled to support the development and the growth of the uranium sector and will work towards ensuring that the positive developments emanating from the industry will ripple through the wider economy.

Free Trade Area shines light on African trade

Free Trade Area shines light on African trade Albert Muchanga, African Union Commissioner for Trade and

Albert Muchanga, African Union Commissioner for Trade and Industry

T he 21st of March not only marks

Namibia’s independence but also

reflects a day in which the agreement

establishing the African Continental Free Trade Area (AfCFTA) came into effect.

The AfCFTA, which aims to create a single continental market for goods and services with free movement of business persons and investments, enters into its operational phase in July, 2019, shining light on the future of African trade.

This agreement opened for signatures

on 21st March, 2018 at an Extra-Ordinary Summit of the Assembly of African Union Heads of State and Government in Kigali, Rwanda. At that Summit, 44 African Union Member States signed the historic agreement. The number rose to 49 at the July 2018 Nouakchott, Mauritania Summit. Three more signatures were added during the February 2019 Addis Ababa Summit, bringing the number to

52.

Today, Africa is on target to launch the operational phase of the Free Trade Area in July, in Niamey, Niger, where the continent will hold another Extra- Ordinary Summit for that purpose, as well as formally commemorate its First Anniversary. During the launch, the AfCFTA shall be fully supported with well-defined rules of origin; schedules

“It has been a momentous year of hard and smart work to create an African Continental Free Trade Area with commercial substance. As we commemorate the first year of this large market space, we do so with concrete achievements. The Free Trade Area is already delivering results well before it enters into force. In December 2018,

of

tariff concessions in trade in goods;

we held the First Intra-African Trade

an

online continental non-tariff barriers

Fair, in Cairo, Egypt, which attracted

monitoring and elimination mechanism;

above target exhibitions and business

a

Pan-African digital payments and

transactions.

settlement platform as well as an African Trade Observatory portal.

It is envisaged that from July, traders across Africa will be able to make use of preferential trading arrangements offered by AfCFTA as long as the trade relations involve the 22 or more countries that would have deposited

instruments of ratification. Additionally, conform to agreed provisions on rules

of origin governing trade in the African

Continental Free Trade Area.

“At the Cairo Fair, we had 1,086 exhibitors, 86 above target. We also had business deals over US$32 billion, well above the target of US$25 billion. This sterling achievement signals the potent force of the Intra-African Trade Fair as a viable platform and brand for trade information as well as actual growth of intra-African trade,” Albert Muchanga, African Union Commissioner for Trade and Industry, said while reflecting on the milestones of the agreement.

The Assembly of African Union Heads of State and Government will, at the Niamey Extra-

The Assembly of African Union Heads of State and Government will, at the Niamey Extra- Ordinary Summit, also make a decision on the location of the Secretariat of the Continental Free Trade Area.

Hon. Netumbo Nandi-Ndaitwah

Seven Member-States: Egypt, Eswatini, Ethiopia, Kenya, Ghana, Madagascar and Senegal submitted bids by the deadline of 20th March this year. An assessment mission will be visiting these countries on the basis of which a report will be prepared for consideration by the AU Ministers of Trade and the Extra- Ordinary Summit. It is the results of the assessment mission which will give guidance on deciding the host of the permanent AfCFTA Secretariat.

The work for the interim and permanent secretariats of the AfCFTA is already being cut out for them. An implementation plan is under preparation and has been submitted to the AU Ministers of Trade, who, if satisfied with it, will convey it to the Extra-Ordinary Summit for its consideration and adoption in July.

it work, Africa is overcoming the historic fragmentation and isolation of her economies by opening up huge commercial opportunities as well as improving transport and communication linkages among African countries. In this view, Deputy Prime Minister Hon. Netumbo Nandi-Ndaitwah called on Namibian private businesses to take advantage of the imminent Free Trade Area road show in July, 2019, that aims to recruit the private sector into the plans of the agreement.

“The African Continental Free Trade Area will remain a pipedream if the private sector is not at the forefront of this initiative. I call upon the Namibian private sector to fully participate in these events (CFTA engagements with the private sector),” Hon. Nandi- Ndaitwah said.

It is essential to note that in launching the Free Trade Area and making

Namibia gears for World Expo 2020

Namibia gears for World Expo 2020 Al Wasl Plaza will be the heart of the Expo

Al Wasl Plaza will be the heart of the Expo 2020

N amibia has kicked off preparations

for participation in one of the

world’s major expositions, the

World Expo 2020, taking place in the city of Dubai, United Arab Emirates, from the 20th October 2020 to 10th April 2021, under the theme: “Connecting Minds, Creating the Future”.

Minister of Industrialisation, Trade and SME Development (MITSMED), Hon. Tjekero Tweya, says Namibia will focus on promoting itself at the World Expo 2020 as a renewable energy hub for Southern Africa, with mining and tourism featuring as sub-sectors for promotion. Namibia will craft key messages for its strategic advertising and public relations campaigns leading up to the Expo 2020.

Hon. Tweya announced the appointment of Retired Ambassador Simon Madjumo as the Commissioner General of Section to spearhead Namibia’s participation in the World Expo 2020, Dubai.

Namibia’s renewable energy sector, as well as mining and tourism sectors, provide an exceptional value proposition

tourism sectors, provide an exceptional value proposition for attracting investment and creating awareness about what

for attracting investment and creating awareness about what Namibia is able to offer and deliver. Government recognises that renewable energy represents a valuable economic resource for Namibia. Renewable energy is also seen as a key catalyst to achieving the goals set out in the Harambee Prosperity Plan which aims to, among other things, increase local electricity generating capacity from 400 MW to 600 MW. This will enable the provision of electricity to schools and health facilities by 2020; as well as increase the rural electrification rate from 34 percent to 50 percent.

In leading Namibia’s preparations for Dubai 2020, Ambassador Maruta, who has extensive diplomatic experience, will

be deputised by Japhet Isaack, Namibia’s Ambassador based in Egypt and serving the entire Arab countries.

Ambassador Maruta will set up office in Namibia as well as in Dubai, so as to be in the thick of the preparations. His office will report directly to the Minister of Industrialisation, Trade and SME Development. He will provide regular monthly reports on Namibia’s preparation to the Minister to ensure that the country prepares adequately to attract tourists and investments at the end of the World Expo 2020.

“We are calling upon the private and public sector, small-and-medium enterprises, especially those businesses and entities in renewable energy, mining and tourism sectors to come forward and pledge your commitment towards Namibia’s participation in the World Expo 2020. Borrowing from the famous quotation of former and late U.S. President, John F. Kennedy, saying, ‘Ask not what your country can do for you. Ask what you can do for your country’,” Minister Tweya appealed.

About the Expo Over 190 countries will come together to make #Expo2020 a once-in-a-lifetime experience

About the Expo

Over 190 countries will come together to make #Expo2020 a once-in-a-lifetime experience that connects humanity and creates a better future for all. This will be a key meeting point for the global community to share innovations and make progress on issues of international importance such as the global economy, sustainable development and improved quality of life for the world’s population.

The main site of World Expo Dubai 2020 will be a 438-hectare area (1083 acres) located between Dubai and Abu Dhabi cities, near Dubai’s western border with Abu Dhabi. Al Wasl Plaza will be

the heart of the Expo. It is said to bring together a physical manifestation of the main theme of the Expo, which is “Connecting Minds, Creating the Future.”

The plaza will connect the three thematic districts – Opportunity, Sustainability and Mobility – and the other main concourses, including the Dubai Metro link and the UAE Pavilion, through its seven entrances and exits.

The dome will be 65 metres tall with a diameter of 150m, and will hold an estimated 10,000 visitors, said Ahmed Al Khatib, vice president of property at Expo 2020 Dubai. Filled with fountains, waterfalls, parks and palm-lined courtyards, the dome will be partly open to the sky at the top.

the dome will be partly open to the sky at the top. Retired Ambassador Simon Madjumo

Retired Ambassador Simon Madjumo Maruta

Kombat Copper Mine set for revival with Xinhai investment

O ne of Namibia’s well-known copper

mines - Kombat - sandwiched

between the Otavi mountains in

the Otjozondjupa Region in the northeast of the country, is set for revival after its Canadian owner, Trigon Metals Inc, entered into an investment MoU with Chinese company Shandong Xinhai Mining Technology.

Xinhai has agreed to invest an unspecified amount in Trigon, in exchange for the right to be appointed as the engineering, procurement and construction (EPC) contractor for the open pit mining operations at Trigon’s Kombat copper project. The open pit operations represent the first phase of Kombat’s life of mine strategy to bring both the open pit and underground mines back into production. Trigon Metals, through its Namibian subsidiary Manila Investments, holds an 80% interest in five mining licenses in the Otavi mountain lands, an area of Namibia particularly known for its high-grade copper deposits. Within these licenses are three past-producing mines including the company’s flagship property - the Kombat Mine.

“We are extremely pleased to have advanced our plans for the restart the Kombat Mine. In partnering with Xinhai, we have gained access to both the funding and technical services necessary for the restart of mining operations at Kombat. Xinhai has excellent credentials in implementing projects of this nature and we look forward to a long term relationship as we execute our plans to build Trigon into a mid-tier copper producer,” said Jed Richardson, President of Trigon.

Xinhai has a proven track record of successful implementation of large-scale engineering and construction projects in Africa and is well placed to partner with Trigon to support the restart of mining at Kombat.

“Pursuant to the MoU, Xinhai has agreed to invest up to 10% of the capital requirements of the project by way of

to 10% of the capital requirements of the project by way of An aerial view of

An aerial view of the Kombat Copper Mine

project by way of An aerial view of the Kombat Copper Mine providing services in exchange

providing services in exchange for equity in Trigon. The structure and pricing of Xinhai’s investment will be determined by the parties, acting reasonably and in good faith,” a statement from Trigon said.

Further, Xinhai will assist Trigon in securing up to an additional 80% of the capital requirements of the Kombat project through debt financing through Chinese export credit facilities. The structure and pricing of the debt financing will be determined by the parties, acting reasonably and in good faith. In exchange for the above funding support, Xinhai will secure the right to be appointed as the EPC

contractor for the Project on commercial terms to be agreed between the parties. The proceeds of the financing will be used for advancement of the project, including

engineering design, acquisition or leasing

of land surface rights, refurbishment and

start-up of Kombat Copper Mine’s existing processing plant and management of open pit operations.

Trigon Metals recently agreed terms with

a major international trading house to

buy 100 percent of the annual production from the Kombat mine, estimated to be up to a total of 20, 000 metric tonnes of contained copper.

Inter-connectivity through road and railway infrastructure development

N amibia’s multi-billion dollar road

and railway expansion projects

have attracted a strong line up of

established companies from India, Turkey, Spain, Portugal , China and neighbouring Botswana and South Africa, who are all vying to be awarded contracts.

With financial assistance from the African Development Bank (AfDB), Namibia is upgrading a 210km stretch of railway track between Walvis Bay and Kranzberg as well as a large section of the road from the capital, Windhoek, to the main airport - Hosea Kutako International.

The two mega projects, towards which a loan of US$153 million (over N$2, 1 billion) has been approved by the AfDB, are part of priority projects identified in the government’s Harambee Prosperity Plan, an action plan launched in April 2016, to support priority interventions identified in the Namibian government’s National Development Plans (NDPs).

The upgrading of the railway track between Walvis Bay and Kranzberg will speed up both freight and passenger traffic. The current railway line, of Cape Gauge standard, was last upgraded in the 1960s and, in its current condition with speed restrictions is an infrastructure bottleneck, resulting in increased transport costs. The upgrading is particularly important because it will involve a direct linkage to Walvis Bay Port, and therefore will speed the passage of goods to and from the port

will speed the passage of goods to and from the port into Namibia and beyond other
will speed the passage of goods to and from the port into Namibia and beyond other

into Namibia and beyond other SADC countries. After improvement, freight trains will be able to travel at up to 80km/ hr and passengers will enjoy speeds of up to 100km/hr. The rail upgrading work will be implemented over three years.

The road to the Hosea Kutako International Airport is being upgraded to a dual carriageway with two lanes in each direction, and will incorporate an option for a third lane in the future. The existing road will be retained as an alternative to service local traffic. The Namibian government is co-financing the airport road project.

Namibia recognises that the combination of having direct access to the South Atlantic and a good transport network can improve its competitiveness and desire to become an international logistics hub. It shares borders with Angola, South Africa, Botswana and Zambia, and the latter two countries are landlocked.

Meanwhile, Namibia’s Finance Minister Hon. Calle Schlettwein has urged African road

funds to strengthen partnerships and invest in strategic road infrastructure to enhance continental integration and facilitate intra- African trade.

In his address to the Africa Road Maintenance Funds Association (Armfa) Southern Africa focal group meeting held in Windhoek, Schlettwein said Africa has an economy with high potential growth, which needed to be unlocked through a concerted investment compact in skills, technology and infrastructure.

“The development of sustainably conducive roads should be responsive to the needs of modernisation, the aspiration of younger generations, and the ever-advancing technologies,”he said.

Schlettwein urged continental road funds to seek solutions to both financial and technical aspects which will ensure that Africa at large becomes better interconnected and cost- efficient in travel across the borders as it would promote trade and economic growth.

Hangana Seafood Invests N$300 Million in fish processing plant

O ne of Namibia’s leading fish

processing companies, Hangana

Seafood, is investing N$300 million

in the construction of a new state-of-the-art processing facility at Walvis Bay.

The new factory, which will see an expansion of current operations, will enable Hangana, a subsidiary of the Ohlthaver & List (O&L) Group, to extract more value out of its raw material and deliver fish products in demand. It will increase the capacity of 25,000 MT (metric tons) throughput a year, as well as cold store capacity of 2,500 MT which will be utilized for internal use to build up stock in high performance periods and to also provide a service to other players in the industry in need of storage space/capacity.

Construction of the new processing facility is expected to be completed in September 2020.

The investment into the new plant by Hangana Seafood will support its diversification and trading strategy as well as provide opportunity for new right holders to participate in land based processing. It will also have the potential to create additional jobs when operating at full capacity.

Fisheries and Marine Resources Minister, Hon. Bernard Esau, who officiated at the groundbreaking ceremony for the new factory, said in line with objectives outlined in the fisheries and blue economy sections of NDP5, Government is determined to unlock the economic potential of all sectors of Namibia’s blue economy – which include marine transport and logistics, marine mining and energy, marine tourism and marine fisheries and other aquatic resources.

“The Government is keen to ensure that at least 340,000 MT of the total 550,000 MT landings is processed on shore by 2022, and exported as high value finished

on shore by 2022, and exported as high value finished F.L.T.R. - Hangana Seafood new factory

F.L.T.R. - Hangana Seafood new factory project manager, Pedro Sanchez; O&L Group Executive Chairman, Sven Thieme; Minister of Fisheries and Marine Resources, Bernard Esau; Special Advisor to the Erongo Re- gional Governor, Adelheid Kandjala; the Mayor of Walvis Bay - Alderman Immanuel Wilfried, and Hangana Seafood Managing Director, Herman Theron.

and Hangana Seafood Managing Director, Herman Theron. F.L.T.R. - Hangana Seafood new factory project manager,

F.L.T.R. - Hangana Seafood new factory project manager, Pedro Sanchez; O&L Group Executive Chairman, Sven Thieme; Minister of Fisheries and Marine Resources,Bernard Esau; Hangana Seafood Managing Direc- tor, Herman Theron; Special Advisor to the Erongo Regional Governor, Adelheid Kandjala, and the Mayor of Walvis Bay - Alderman Immanuel Wilfried.

products to markets worldwide. This target includes 70% of hake value addition as is currently the case, and a new target of 70% value addition in horse mackerel fishery.

This objective will provide the industry with higher returns, and also create much needed jobs in the fishing sector. At the moment, about 120,000MT is added value

Construction of the new Hangana Seafood processing facility is envisaged to be completed in September

Construction of the new Hangana Seafood processing facility is envisaged to be completed in September 2020

facility is envisaged to be completed in September 2020 F.L.T.R - O&L Group Executive Chairman, Sven

F.L.T.R - O&L Group Executive Chairman, Sven Thieme; Minister of Fisheries and Marine Resources, Bernard Esau; the Mayor of Walvis Bay - Alderman Immanuel Wilfried, Special Advisor to the Erongo Regional Governor, Adelheid Kandjala; and Hangana Seafood Managing Director, Herman Theron.

locally, which includes 70% of hake landings, and less than 10% horse mackerel landings. We are therefore determined to achieve our NDP5 annual targets on value addition,” said Hon. Esau.

The Fisheries Minister urged the local private sector to invest more in fisheries value addition, and particularly in horse mackerel, where there was still a significant value addition gap to bridge. “I am happy to note

that value addition initiatives in all fisheries, including horse mackerel, are becoming our new normal - and I thank the fishing industry for this investment confidence in the fishing sector, even in these tough economic conditions.

I wish to state that investments in the fishing industry should be accompanied by proportionate job creation,”said Hon. Esau.

O&L Group Executive Chairman, Sven Thieme, said through the groups’purpose of “Creating a Future, Enhancing Life”, they aim to develop innovative and sustainable businesses which render socio- economic benefits such as local value addition and job creation.

He said the new fisheries processing plant would without a doubt be a catalyst for innovation, creating new products and truly exciting customers through local value adding. “Our role is also to contribute by challenging conventional ways of thinking and doing, so that we create new possibilities. If we are committed to applying our genius and creating opportunity, in a country blessed with unique resources, from agriculture to mining, to fishing and tourism, the possibilities are endless. It is our duty to thus take advantage of these resources, to harness them in a responsible and sustainable manner, to innovate, and to make the necessary investments in developing our industries,”Thieme said.

According to Hangana Seafood Managing Director Herman Theron, the company has over the years developed a strong footprint, not only in Namibia but also internationally.

“Hangana is recognized as a leader in the Namibian fishing industry with a wet-fish fleet of eight vessels. Our global clientele for land-frozen products include customers in Australia, France, Germany, Italy, the Netherlands, Spain, the United States, and the Southern African Development Community (SADC) region,”said Theron.

Wernhil Mall expansion changes face of Windhoek CBD

Wernhil Mall expansion changes face of Windhoek CBD His Excellency Dr Hage Geingob cutting the ribbon

His Excellency Dr Hage Geingob cutting the ribbon to officially open Wernhil Park Phase 4, as Broll Namibia Managing Director, Marco Wenk (left) and O&L Group Executive Chairman, Sven Thieme look on

T he injection of a total investment

of just over half-a-billion Namibian

dollars in Phase 4 of Windhoek’s

popular Wernhil Park Mall has reaffirmed the Ohlthaver & List (O&L) Group’s commitment to creating a sustainable Namibian economy.

In a year that marks 100 years of O&L’s existence and 29 years since Wernhil Park opened its doors as Namibia’s first fully- fledged shopping mall in 1990, shortly after the country’s independence, the investment remains a clear sign of the confidence the Group has in the future of Namibia.

Wernhil Park now offers an even greater variety of choice and more convenient retail experience for the CBD shopper. With an area of over 55 000m² of prime retail space, Wernhil Park’s warm and inviting atmosphere is symbolic of a true

Namibian experience. Shopping convenience has significantly been enhanced by the addition of more parking and food offerings; a second public transport facility as well as a fully- fledged medical facility and overall easier pedestrian access into the mall from particularly the southern part of the center.

Further investments in the Wernhil Mall not only enhance the vibrancy and appeal of Windhoek and in particular it’s CBD, but even more so enhance the lives of those who benefit from the new jobs created. Broll Namibia Managing Director, Marco Wenk, who delightful spoke about the impact of the Wernhil Phase 4 highlighted that the vast jobs created are also laced with environmental responsibility.

“I am extremely excited to mention that during construction; 400 - 500 job opportunities were created while at least

600 – 700 permanent positions have been created at the various retail outlets. From an environmental point of view and in line with one of our vision metrics which is to reduce our carbon footprint, I am happy to state that significant focus was placed on ensuring our power and water consumption is kept to a minimum,” Wenk said, further encouraging the public to support environmental sustainability by using water sparingly and keeping the environment clean.

President Dr. Hage Geingob, who officiated at the opening of the expanded mall, said infrastructural development plays a significant role in the development of the Namibian economy and shopping centres and malls provide a linkage between producers, distribution centres and the end consumers, thereby bringing together various sectors of the economy, under one roof.

Inside the expanded new Wernhil Mall “Allow me to commend the O&L Group for its

Inside the expanded new Wernhil Mall

Inside the expanded new Wernhil Mall “Allow me to commend the O&L Group for its continuous
Inside the expanded new Wernhil Mall “Allow me to commend the O&L Group for its continuous
Inside the expanded new Wernhil Mall “Allow me to commend the O&L Group for its continuous

“Allow me to commend the O&L Group for its continuous efforts, and commitment

to

the growth of Namibia. Being a player

in

so many sectors in the country, which

includes property development, the fishing industry, retail and hospitality among others, the O&L Group has over the years, and still continue to significantly contribute to the growth of the Namibian economy,” said the President.

“Developments such as the one we are celebrating today needed the

commitment from relevant role-players, not only within the O&L Group, but on

a larger scale inclusive of government

support, local authorities, the construction

sector, and the Namibian public at large. And I don’t believe we would have stood here today and witnessed this beautiful result, had the necessary commitment not been in place and executed,” he added.

Today, the City of Windhoek can proudly boast a structure which symbolizes progress, which symbolizes growth and which symbolizes a country on the march, towards a future of opportunity, development and prosperity.

O&L Executive Chairperson, Sven Thieme said: “The opening of Wernhil’s fourth extension is demonstrative of how we can create opportunity by being bold and purposeful. We are so excited to provide our valued customers a world-class retail/ shopping experience that gives them choice and convenience. And, we remain committed to keeping the CBD alive by igniting the pulse of the City.”

Thieme commended Broll Namibia MD Wenk – who will take over the helm as Managing Director of O&L subsidiary, Namibia Breweries Limited (NBL) effective 1 July 2019 - recognizing him for the phenomenal leadership portrayed in contributing not only to the success of the newly constructed phase of Wernhil Park, but to that of Broll Namibia and the O&L Group as a whole.

Standard Bank ‘I Go’ initiative to boost Namibia–China trade, investment

Go’ initiative to boost Namibia–China trade, investment Mr Vetumbuavi Mungunda, Standard Bank Namibia CEO and Mr

Mr Vetumbuavi Mungunda, Standard Bank Namibia CEO and Mr Gang Sun Deputy CEO of ICBC Representative office in South Africa, launching the ‘I Go Namibia’ initiative

S tandard Bank Namibia, together with the world’s biggest bank by assets, the Industrial Commercial

Bank of China (ICBC), has launched the ‘I Go Namibia’ initiative which is aimed at boosting investment flows, cementing trade ties and encouraging tourism between Namibia and China.

The ‘I Go Namibia’ initiative, which forms part of the ICBC’s I Go Global rewards scheme for its more than 830 million cards in China, seeks to capitalise on the growing appetite among Chinese travellers to visit Namibia by offering a range of discounts and special offers from Namibian merchants across the travel, hospitality and lifestyle sectors.

Tourist arrivals from China have increased over the last few years, and outbound travel is forecast to reach more than 200 million departures by 2020, according to the Chinese National Tourism Administration (CNTA).

Through the ‘I Go Namibia’initiative, ICBC cardholders can enjoy convenient, comfortable and cost-effective shopping, travelling and leisure experience in Namibia, while Standard Bank cardholders will enjoy the wonderful tourist and shopping experience in China through the I Go China initiative.

‘I Go Namibia’ offers a number of benefits specifically for ICBC cardholders travelling to Namibia for leisure. These benefits include; card protection insurance; accommodation deals with premium hotels, lodges and restaurant groups; discounted return flights to Namibia, among many other incentives.

“Chinese investment and trade has played an integral part in encouraging economic and infrastructure development in Namibia and Africa as a whole, and in growing trade and investment flows between China and the continent,” says Standard Bank Head of Card in personal and business banking, Hendrik du Plessis.

“The partnership between Standard Bank and the Industrial Commercial Bank of China has contributed to moving various African countries forward for many years,” du Plessis further says.

Standard Bank Namibia Head of Marketing,

Standard Bank wants to attract more Chinese tourists and investors to Namibia Communications and CSI,

Standard Bank wants to attract more Chinese tourists and investors to Namibia

Communications and CSI, Magreth Mengo says the ‘I Go Namibia’ private- public partnership will help enhance ongoing efforts to create new, sustainable jobs more especially in the tourism value chain. “Both initiatives will increase the partnership and economic cooperation between China and Namibia thus improve the country, people and culture relations,” Mengo says.

Gang Sun Deputy CEO of ICBC Representative office in South Africa, says the two banks would like ‘I Go’ to be a platform that multi-parties leverage advantages together to contribute to Namibian - Chinese trade and business exchange.

Over the past decade China’s trade with Africa increased from US$100 billion in 2007 to US$230 billion by the end of 2017. While much of this trade has been dominated by Chinese exports, the inaugural China International Import Expo (CIIE) held in Shanghai from 5 – 9 November 2018 marked the practical expression of China’s intention to change the content and balance of its trade with Africa.

As China evolves away from export-led growth towards a mixed consumption- led development model, Africa has been identified as China’s chief source of future beneficiated commodities, industrial and services imports.

Chinese, delivering the bank’s broader Pan-African and global capabilities to individual as well as small and large commercial Chinese enterprises operating in individual African countries, between African countries and between Africa and China.

To this end, Standard Bank and ICBC have purposefully structured their Africa-China trade corridor to meet the needs of both Chinese importers and African exporters - at both ends of this unique global trade platform. Some of the features of Standard Bank’s Africa-China trade corridor include:

• An entirely Chinese-speaking Standard Bank branch at Crown Mines in Johannesburg, located in the heart of Dragon City, which also helps Chinese importers and exporters access business opportunities in Namibia, Lesotho, Swaziland, Botswana, Mozambique and Zimbabwe.

• Africa China Banking Centers (ACBCs), already operational in South Africa, are one-stop-shops for Chinese businesses and individuals seeking to transact in, across and out of Africa. Manned by Chinese-speaking bankers, ACBCs are one-stop-banking shops for personal and business banking clients as well as for Chinese importers and exporters. ACBCs provide seamless consultation and advisory services via telephone, online or email, and now also via WeChat, linking African and Chinese clients with China’s highly networked digital banking and customer knowledge systems. More ACBCs are currently rolling out in Nigeria with other African hubs to follow.

“The strategic partnership between Standard Bank and ICBC provides an unrivalled proposition to deepen Africa- China trade. We are confident that we can serve clients on the ground in Africa while simultaneously accessing the highest levels of China’s capital, banking, trade and investment network,” says Leon Barnard

• About 30 Chinese-speaking relationship Chief Executive, Personal and Business

Standard Bank, Africa’s biggest bank, which recently celebrated a decade-long institutional relationship with the ICBC, has been at the forefront of building the world’s most advanced trade platform between Africa and China.

• The signing of a US$ 500 million loan facility with the China Development Bank at the BRICS Summit held in Johannesburg in July 2018, means that over the next seven years the facility is designed to support the growth of Standard Bank’s African SME clients, many of whom are looking to export to China.

managers across 15 African markets. Many of these are Africans who speak

Banking, Africa Regions, Standard Bank.

TransNamib rebrands, targets larger market share

L eading rail and road transport State- owned enterprise, TransNamib, has rebranded to effectively address the

strategic objectives of the company, aimed at better leveraging its business potential, capitalising on market opportunities and enhancing stakeholder engagement.

The rebranding is part of its Integrated Strategic Business Plan. As part of its rebranding, TransNamib has introduced a new slogan,‘Rail it’.

Works and Transport Minister Hon. John Mutorwa said TransNamib had realigned its plan to focus on the road-to-rail strategy promoted in its new strategic business plan.

“The doubling of the volumes (of cargo) will bring about much-needed revenue for the company. Therefore, we should all continue to work together to ensure that TransNamib reclaims its legitimate position as the bulk freight carrier of Namibia,” he said. “The rebranding of TransNamib marks the beginning of a new and long journey that the company and the Government have set to return the company to profitability and positively contribute to the objectives of Vision 2030, NDP5 and the Harambee Prosperity Plan,”said Hon. Mutorwa.

Government and TransNamib are leading a renewed campaign to move bulk and heavy freight away from the roads to the railway, especially over long distances.

“It is my strong belief that if we prioritise the support and commitment towards railways, this will help us to fast track the implementation of proper logistics infrastructures and we can conveniently position Namibia as the logistics hub of the Southern African Development Community (SADC) region,”the Transport Minister said.

It is anticipated that industries and economies of SADC member states will continue to grow and soon exceed the current carrying capacity of the regional roads infrastructure, hence the region’s renewed focus on developing rail infrastructure. The plan is to link Namibia’s rail network to that of neighbouring

is to link Namibia’s rail network to that of neighbouring Hon. John Mutorwa, Works and Transport

Hon. John Mutorwa, Works and Transport Minister, with TransNamib Board and Management members

Minister, with TransNamib Board and Management members The New TransNamib logo countries, like Angola, Botswana,

The New TransNamib logo

countries, like Angola, Botswana, Zambia and Zimbabwe in order to fulfil the desire for an uninterrupted and complete rail connectivity. “The ultimate success of our economies heavily depends on an efficient railway infrastructure and system. Railway is by design made to accommodate large volumes of bulk freight, containers and people. Railway remains critical for the bottomline of the end consumers as it is designed to provide economical transport solutions,” Hon Mutorwa said, adding that Government had already committed financial resources towards the improvement of Namibia’s railway infrastructure.

TransNamib Chief Executive Officer, Johnny Smith, said the rebranding will help the company in every area possible to ensure its growth and success.

“A new brand is a promise for the company

to claim characteristics such as, bulk freight mover, uncongested rail, reliability, safe transporter, unlimited capacity,”said Smith. In all, the new branding embodies an organisation that is reinventing itself, but is still very committed to its mandate. The new identity builds upon its history of rail experience as well as opens doors to the future.

Smith said TransNamib had witnessed a growth of about 8% in freight volumes in the last year.

“Although still insignificant in terms of what we still have to do at TransNamib, it is the beginning of a new era. It, therefore, has become important that our new identity should become synonymous with the future growth and success of the company,” he said.

Smith said TransNamib needs to grow significantly in size and in customer base, and that their new corporate identity will have to help the rail company communicate their growth.

TransNamib Chairperson, Advocate Sigrid Tjijorokisa, highlighted that the new brand was aligned to the company’s new vision to be “the preferred bulk transporter of Namibia” as well its mission “to ensure world class railway services and generate return on investment for our shareholder.”

New seed programme offers opportunity for entrepreneurs

T he Stanford Seed Transformation initiative - a programme

which helps entrepreneurs in emerging markets to build

successful enterprises that transform lives – offers an

opportunity to Namibian entrepreneurs and serves as a catalyst to SME development.

Stanford’s Director for Global Operations, Jeffrey Prickett, noted that the programme has since its inception trained 628 business leaders and 2378 managers from 19 countries and expects 20 companies to participate each year from Namibia, Botswana and South Africa.

Prickett explained that the programme, which is a collaboration between the Stanford Graduate School of Business and the De Beers Group, allows leaders to gain critical tools to grow their companies and create jobs which in turn will lead their regions to greater prosperity.

“By challenging business leaders to assess their company’s vision, to redefine strategies, and to make ambitious changes to their businesses, transformation is realised even before completion of the training,” he said.

The programme is subsidised through philanthropic contributions.

With the commencement of recruitment for the southern African leg, this builds on the success of the first two meetings of business leaders from Botswana, Namibia and South Africa. Chief executive officers and company founders are encouraged to apply for the third programme. Those accepted will begin their programme in January 2020.

De Beers Resident Director, Daniel Kali, said the international diamond company has been finding alternative funding to help grow the Namibian economy in these challenging economic times.

De Beers partnered with Stanford as a way to expand the work of Namdeb. The seed programme is a high-tech learning experience aimed at empowering established business leaders in Botswana, Namibia, and South Africa – De Beers Group producer countries in Africa.

During the seed transformation, participants will undertake a 12-months intensive leadership programme which includes sessions on strategy and finance, business ethics, and design thinking, all taught by world-renowned Stanford faculty and local business practitioners. In addition, a series of four full-day workshops,

In addition, a series of four full-day workshops, Stanford’s Director for Global Operations, Jeffrey

Stanford’s Director for Global Operations, Jeffrey Prickett

delivered at the participating company and its management team, will take place at various intervals throughout the programme.

The programme is exclusively for business owners of for-profit companies or for-profit social enterprises with annual company revenues of US$150 000-US$15 million (about N$2,2 million to N$216 million).

Pat Dambe, vice president of corporate affairs and government relations at De Beers Global, said: “Seeing this programme come to fruition, as we had envisioned for Southern Africa, is remarkable. It has enabled us to collaborate with our producer countries towards repositioning enterprise development in our region.”

The programme was initially made possible for Namibia last year by the De Beers Group, which had pumped in N$43.5 million (US$3 million) into a three-year partnership with the Stanford Graduate School of Business, to specifically impart skills to entrepreneurs in Namibia, Botswana and South Africa. The programme is headquartered at the Botswana Innovation Hub, a Science and Technology Park in Gaborone.

As an overarching goal, the programme provides management training, leadership team workshops and networking support to assist southern African leaders to grow their businesses, create jobs and help lead their regions to greater economic diversity and prosperity. Ultimately, it is also primed to create and activate a detailed action plan to help businesses grow and scale their companies. Throughout the year-long experience, participants will work in small peer groups called leadership labs to share experiences, resources, ideas and support.

54 INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019

Deputy Minister Iipumbu on Germany fact finding mission

Deputy Minister Iipumbu on Germany fact finding mission Hon. Iipumbu, 4th from left, with some business

Hon. Iipumbu, 4th from left, with some business leaders from Namibia and Botswana

T he Deputy Minister of

Industrialisation, Trade and SME

Development (MITSMED), Hon. Lucia

Iipumbu, led a delegation to Germany in April, where together with high-ranked representatives from Botswana, took part in a regional programme under the theme of “Extending domestic value chains”.

The Namibian delegation included the Deputy Chairperson of the Parliamentary Committee for Economy and Public Administration and Member of Parliament, Hon. Loide Shinavene and the President of the Namibian Manufacturers Association Brian Black. The visit was part of the Guest Programme of the German Federal Government which enables high- ranking foreign opinion leaders to travel to Germany to gain first-hand experience on a number of issues.

The visit to Berlin and Stuttgart included meetings with Federal Foreign Office Minister of State Michelle Müntefering, the Parliamentary Committee on Economic Cooperation and Development as well as

Committee on Economic Cooperation and Development as well as Delegates visiting some German manufacturing companies

Delegates visiting some German manufacturing companies

theParliamentaryCommitteeonEconomic Affairs and Energy and the Parliamentary Friendship Group for Relations with the SADC countries. The delegation also met

different trade associations, had talks with representatives of German companies like Mercedes Benz and visited manufacturers and manufacturing plants.

Republic of Namibia MINISTRY OF INDUSTRIALISATION, TRADE AND SME DEVELOPMENT Ambassador Steve Katjiuanjo Executive

Republic of Namibia

MINISTRY OF INDUSTRIALISATION, TRADE AND SME DEVELOPMENT

Ambassador Steve Katjiuanjo Executive Director Tel: +264 61 283 7332 Email: katjiuanjo@mti.gov.na

Ambassador Steve Katjiuanjo Executive Director Tel: +264 61 283 7332 Email: katjiuanjo@mti.gov.na

DEPARTMENTAL BRIEF DESCRIPTION

The purpose of this insert is to introduce you to the three departments and one directorate of the Ministry of Industrialisation, Trade and SME Development (MITSMED), briefly describing their different roles and services they offer. Below are some of their highlight roles and functions:

Contact Details Dr. Michael Humavindu Deputy Executive Director (Industrial Development) Acting Deputy Executive Director

Contact Details Dr. Michael Humavindu Deputy Executive Director (Industrial Development) Acting Deputy Executive Director (Namibia Investment Centre) Acting Deputy Executive Director (Trade & Commerce) Tel +264 61 283 7328 humavindu@mti.gov.na

1. DEPARTMENT OF NAMIBIA INVESTMENT CENTRE

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 NIC is a department within the Ministry of Industrialisation, Trade and SME Development. The overall objective of the centre is to attract, generate and retain both domestic and foreign investment to stimulate economic growth and expedite industrial transformation in Namibia in line with national development objectives. In addition, the centre is responsible of creating policies and strategies conducive to investment.

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 stakeholders, and can therefore help minimise bureaucratic obstacles to pre and post business establishment.

The MITSMED has overseas commercial offices and investment promotion representatives in strategic located countries, such as Brazil (Brasilia), China (Beijing), United Arab Emirates (Dubai), the United Kingdom (London), Germany (Berlin), India (New Delhi), South Africa (Pretoria), Angola (Luanda), Ethiopia (Addis Ababa), Belgium (Brussels), Switzerland (Geneva), France (Paris) and United States of America (Washington).

Contact Details Ms. Mbolioshili (Dolly) Amoomo Director (Namibia Investment Centre) Tel: +264 61 283 7254

Contact Details

Ms. Mbolioshili (Dolly) Amoomo Director (Namibia Investment Centre) Tel: +264 61 283 7254 amoomo@mti.gov.na

2.

DEPARTMENT OF INDUSTRIAL DEVELOPMENT

 

The

Department

of

Industrial

Development

is

responsible

for

evaluating and appraising industrial projects.

It renders business support services to entrepreneurs such as feasibility studies, business plans, Equipment Aid, 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.

3. DEPARTMENT OF TRADE AND COMMERCE

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.

The department also deals with international trade activities such as bilateral, regional and multilateral trade agreements.

Contact Details Ms. Maria Pogisho Director (Trade and Commerce) Tel +264 61 283 7239 Email:

Contact Details

Ms. Maria Pogisho Director (Trade and Commerce) Tel +264 61 283 7239 Email: pogisho@mti.gov.na

Contact Details Ms Patricia Liswaniso Director (International Trade) Tel +264 61 283 7297 Email: pliswaniso@mti.gov.na

Contact Details

Ms Patricia Liswaniso Director (International Trade) Tel +264 61 283 7297 Email: pliswaniso@mti.gov.na

4. DIRECTORATE OF GENERAL SERVICES

This directorate is responsible for the rendering of supportive services to the Ministry’s directorates and departments. Its objective is to provide efficient management and utilisation of human, financial and material resources allocated to the Ministry for the achievement Ministerial goals.

It’s also the directorate responsible for the procurement of goods and services required for the effective operation and functioning of the Ministry and the proper disposal thereof.

Contact Details Ms. Hermine Himarua Acting Director (General Services) Tel: +264 61 283 7204 Email:

Contact Details

Ms. Hermine Himarua Acting Director (General Services) Tel: +264 61 283 7204 Email: handima@mti.gov.na

Republic of Namibia COMMERCIAL COUNSELLORS CONTACT DETAILS Mr. Petrus Haufiku Commercial Counsellor Embassy of the

Republic of Namibia

COMMERCIAL COUNSELLORS

CONTACT

DETAILS

Republic of Namibia COMMERCIAL COUNSELLORS CONTACT DETAILS Mr. Petrus Haufiku Commercial Counsellor Embassy of the

Mr. Petrus Haufiku

Commercial Counsellor Embassy of the Republic of Namibia Bole road W.17, Kebel 19 House No. 002, Addis Ababa Ethiopia Tel.: +2511-1-6611966/12120 Fax: +2511-1-6612677 Email: nam.emb@ethionet.et / addis@mirco.gov.na

Mrs. Bonaventura Hinda

Commercial Counsellor Embassy of the Republic of Namibia 42, rue Boileau 75016, Paris France Tel: + 33 1 44 17 32 76/65 Fax: + 33 1 44 17 32 73 Email: bhinda@embassyofnamibia.fr www.embassyofnamibia.fr

Mr. Lennox Mwiya

Commercial Counsellor Permanent Mission of Namibia to the United Nations in Geneva Chemin Louis-Dunant 15, CH-1202 Switzerland Tel.: +41 22 786 62 82 Fax: +41 22 786 62 83 Email: geneva@mirco.gov.na

Ms. Diana Tjiposa

Commercial Counsellor Embassy of the Republic of Namibia Avenue de Tervuren 454 BE 1150 Brussels Belgium Tel.: +32-2-771 1410 Fax: +32-2-771 9689 E-mail: trade@namibiaembassy.be / brussels@mirco.gov.na

Mr. Freddie U. !Gaoseb

Commercial Counsellor Embassy of the Republic of Namibia 2-9-2 Ta Yuan Diplomatic Office Building Beijing 100600 Tel.: +8610653-22211; 1 65324810 Fax: +8610- 653-24549 E-mail: namemb@eastnet.com.cn Email: beijing@mirco.gov.na

Ms. Petrina Nakale

Commercial Counsellor Embassy of the Republic of Namibia 1605 New Hampshire Ave., NW, Washington, DC 20009 United States of America Tel.: +1-202-986-2007 Fax: +1-202-986-2042 E-mail: info@namibianembassyusa.org / washington@mirco.gov.na www.namibianembassyusa.org

Mr. Henock Ramakhutla

Commercial Counsellor High Commission of the Republic of Namibia 186 Blackwood Street, Arcadia P.O. Box 29806, Sunnyside, 0132, Pretoria South Africa Phone: +27 12 343 3060

Fax: +27 12 343 8924 Email: comcounsellor@namibia.org.za www.namibia.org.za

Dr. Mekondjo Kaapanda-Girnus

Commercial Counsellor High Commission of the Republic of Namibia 6 Chandos Street London, W1G 9LU United Kingdom Tel: +44-207-636-6244 Fax: +44-207-637-5694 Email:info@namibia.org.uk Email: london@mirco.gov.na www.namibiahc.org.uk

Mr. Oscar Sikanda

Commercial Counsellor High Commission of the Republic of Namibia B-9/6 Vasant Vihar, New Delhi India Tel: +91 11 26140389/40890/4772 Fax: +91 11 26146120/261 55482 E-mail: nam@nhcdelhi.com / newdelhi@mirco.gov.na www.nhcdelhi.com

Ms. Julia Mungunda

Commercial Counsellor Embassy of the Republic of Namibia Rua da Liberdade No. 20 Vila Alice, Luanda Angola Tel.: +244-222 321 241 / 321 952 / 136 Fax: +244 - 222 322 008 / 323 848 Email: luanda@mirco.gov.na / mission.angola@namembangola.com

Mr. Simeon Shilongo

Commercial Counsellor Embassy of the Republic of Namibia SHIS Q1 09 Conjunto 08, Casa 11 Lago Sul, Brasilia DF CEP: 71625-080 Brazil Tel: +55 61 3248 6274/7621 Fax: +55 61 3248 7135 Email: info@embassyofnamibia.org.br / brasilia@mirco.gov.na

Mr. Kleopas S. Sirongo

Commercial Counsellor United Arab Emirates Dubai Office of the Commercial Counsellor Email: sirongo@bluewin.ch

Ms. Lucia Radovanovic

Commercial Counsellor Embassy of the Republic of Namibia Reichsstraße 17 14052 Berlin GERMANY Tel +49 30 26 39 0012 Fax +49 30 25 40 9555 Email: commerce@namibia-botschaft.de www.invest-namibia.de

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WBCG Brazil
T.
+264 61 251 669
T.
+27 11 258 8912
T.
+260 21 129 4494
T.
+322 386 5109
T.
+55 11 2655 7301
E.
marketing@wbcg.com.na
E.
bdm@wbcg.co.za
E.
bdm@wbcgzm.com
E.
bdm@wbcg.cd
E.
ricardo@wbcg.com.br
www.wbcg.com.na
OUR VISION To be a centre of excellence; a professional and credible institution; working in
OUR VISION
To be a centre of excellence; a professional and credible institution;
working in the public interest and supporting the achievement of the
national economic development goals.
OUR MISSION
To support economic growth and development in Namibia, we act
as fiscal advisor and banker to Government; promote price stability;
manage reserves and currency; ensure sound financial systems and
conduct economic research.
In pursuit of our mission,
we are responsible for the
following:
Ensuring low and stable
inflation (Price Stability)
through sound enactment of
the Monetary Policy
Foreign reserves
management
Issuing of currency
(Namibia dollar)
Safeguarding and
enhancing financial
stability
Overseeing the
National Payment and
Settlement Systems
Providing banking services
to Government and
commercial banks
Administration of
Exchange Control
OUR VALUES
We value high performance impact in the context of teamwork.
We uphold open communication, diversity and integrity.
We care for each other’s well-being, and we value excellence.
Contact us:
Find us on:
Website: www.bon.com.na
71 Robert Mugabe
PO Box 2882
Windhoek
Tel: +264 61 283 5111
Fax: +264 61 283 5231
info@bon.com.na

Start your production process with our manufacturing finance.

your production process with our manufacturing finance. We are specialists in manufacturing finance. For over a

We are specialists in manufacturing finance.

For over a decade, we have structured start-up and expansion finance for large enterprises, small SME manufacturers and some of Namibia’s leading household names.

We also provide finance for Namibian- domiciled joint ventures with Namibian and international partners.

Manufacturers trust us to provide the right range of financing products, suited to their individual needs.

If you have a plan to start a manufacturing operation or for manufacturing growth, we’re ready to put our products to work, so that your products can succeed.

Call us to find out more.

+264 61 290 8000.

We’re waiting to hear from you.

60

Product

Purpose

1
1

Contract (Tender)

To meet short-term cash flow needs of a business, where there is an underlying contract or off-take agreement to carry out a certain activity

Based Finance

2
2

Asset-Backed Finance (ISA)

To acquire movable assets and equipment for a business

3
3

Bridging Finance

To satisfy short-term cash-flow needs of a business to carry out a certain activity

4
4

Business Finance

To satisfy medium to long-term enterprise financial needs

5
5

Invoice Discounting

To provide capital for a borrower (business) against due and payable invoices

6
6

Business Acquisition Finance

For a buy-in (acquisition of interest by external managers) or buy-out (acquisition of interest by existing internal managers)

7
7

Commercial Property Finance

For acquisition or construction of immovable commercial property or making improvements to fixed commercial property

8
8

Franchise Finance

For acquisition of manufacturing franchise rights and operationalisation of the business

franchise rights and operationalisation of the business Expect more. www.dbn.com.na/manufacturing INVEST NAMIBIA
franchise rights and operationalisation of the business Expect more. www.dbn.com.na/manufacturing INVEST NAMIBIA

Expect more.

www.dbn.com.na/manufacturing

INVEST NAMIBIA JOURNAL

VOLUME 2 | ISSUE 2 | JUNE 2019