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INVEST

NAMIBIA JOURNAL
VOLUME 2 | ISSUE 2 Enhancing Investment to propel “Growth at Home” JUNE 2019

INVESTMENT
PROMOTION DRIVE
INTENSIFIES

6 16 8
PRESIDENT GEINGOB RUSSIA TO STRENGTHEN US INVESTORS SEEK
COURTS PORTUGUESE NAMIBIA ECONOMIC TIES NAMIBIA OPPORTUNITIES
INVESTORS

GUINEA SHOWS KEEN INTEREST IN 10


NAMIBIA
INVEST NAMIBIA JOURNAL FISHERIES
VOLUMESECTOR
2 | ISSUE 2 | JUNE 2019 1
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
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
Russia and Namibia commit to strengthen economic cooperation.............................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

26
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
A number of SADC member states are battling to control
large stockpiles of ivory Energy efficiency, innovation to boost industrial competitiveness......................... 32-33
De Beers Marine driven by innovation ……………..………..............……......….34-35
On the Cover
Investment Promotion Drive Intensifies Meatco embraces technology with mobile App ............................................................... 36-37
Namibia’s uranium sector set for upturn.......................................................................................... 39
Publisher
Namibia Investment Centre Free Trade Area shines light on African trade......................................................................... 40-41
Namibia gears for World Expo 2020............................................................................................ 42-43
Editor
Tunga-eumbo Mboti Kombat Copper Mine set for revival with Xinhai investment............................................ 44
Inter-connectivity through road, railway infrastructure development......................... 45
Editorial Committee
Dolly Amoomo Hangana Seafood Invests N$300 million in fish processing plant……...........…….46-47
Tunga-eumbo Mboti Wernhil Mall expansion changes face of Windhoek CBD............................................... 48-49
Tokkie Nchindo
Lwaba Jario Standard Bank ‘I Go’ initiative to boost Namibia–China trade…….......................... 50-51
Andreas Andjene TransNamib rebrands, targets larger market share.................................................................... 52
Tabby Moyo
New seed programme offers opportunity for entrepreneurs............................................. 53
Editorial Contributors Deputy Minister Iipumbu on Germany fact finding mission.............................................. 55
Namibia Investment Centre (NIC), Office of the
President (OP), Namibia Industrial Development MITSMED Departmental briefs and contacts………………......................…………56
Agency (NIDA), James Miller, Gavin Mare, Edith de Commercial Counsellors contact details......................................................................................... 57
Klerk, Ngoni Bopoto and Tabby Moyo

Graphic Design & Layout


Globe Communications Namibia

Advertising
Globe Communications Namibia

Distribution

34
Namibia Investment Centre

Printers
Phoenix Welwitschia An illustration of Debmarine’s new diamond vessel AMV3

The Invest Namibia Journal is published by


The Namibia Investment Centre
Ministry of Industrialisation, Trade and SME
Development, Windhoek, Namibia, The Invest Namibia Journal is produced by
Private Bag 13340, Telephone: +264 61 283 7315 Globe Communications Namibia cc,
Fax: +264 61 220 278 Unit 9 Tal Terrace, Windhoek,

42
Email: mboti@mti.gov.na P.O. Box 99113, Windhoek, Namibia
Website: http://www.mti.gov.na Telephone: +264 61 247086
Namibia Investment Centre Cell: +264 81 626 0010
NamibiaInvestmentCentre Email: globe@africaonline.com.na

Al Wasl Plaza will be the heart of the Expo 2020

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 3


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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 NEW BROOMS: (from left to right) Mr Simeon Shilongo, Ms Petrina Nakale,
MITSMED Deputy Executive Director Dr Michael Humavindu (who welcomed the new Counsellors),
and captains of industry, during which Dr Ms Lucia Radovanovic and Mr Lynnox Mwiya
Geingob addressed the Horasis Global
Meeting of business and political leaders Madjumo Maruta has been appointed Iipumbu, and the entire staff of the MITSMED,
in Cascais. The President also addressed a to be the lead coordinator of Namibia’s we congratulate the following staff members
high-level business luncheon at which he participation at the Expo 2020 as the for being appointed as Commercial
sought to build investor confidence among Commissioner General of Section. Counselors at the following Trade and
Portuguese business people and promote Commercial Offices;
Namibia as a country with a conducive This will be yet another opportunity for * Ms Petrina Nakale – Washington (USA)
business environment and location of choice Namibia to showcase what it has to offer * Mr Lynnox Mwiya – Geneva (Switzerland)
for international investors. to the world and calls for participation by * Ms Lucia Radovanovic – Berlin (Germany)
There were also top level trade and both the public and private sector, to ensure * Mr Simeon Shilongo – Brasilia (Brazil)
investment engagements with the Heads that we attract tourists and investment into * Mr. Petrus Haufiku – Addis Abba (Ethiopia)
of State of Guinea, Tanzania and Botswana, sectors that will contribute to economic
as well as senior business and government growth and job creation. As yet another We wish them the best as they join the team
officials from Russia and the USA. demonstration of our commitment to trade at the forefront of promoting trade and
and investment promotion efforts, MITSMED investments into the country.
During the engagements, President Geingob has extended its external investment and
emphasized the point that Namibia was trade promotion representatives in strategic Happy Reading!
open and ready to welcome investors willing locations in countries such as Brazil (Brasilia),
to take advantage of the country’s sound China (Beijing), United Arab Emirates (Dubai),
governance architecture and invest in the and the United Kingdom (London), to
country or form joint ventures with Namibian complement the existing offices in Germany
entrepreneurs. (Berlin), India (New Delhi), South Africa
As part of ongoing efforts to market the (Pretoria), Angola (Luanda), Ethiopia (Addis
country to a wider world audience, MITSMED Ababa), Belgium (Brussels), Switzerland
Minister Hon. Tjekero Tweya announced (Geneva), France (Paris), and United States of
that Namibia would be participating in one America (Washington).
of the world’s major expositions, the World
Expo 2020, taking place in the city of Dubai, The primary mandate of the Commercial
United Arab Emirates, from the 20th October Counsellors is to secure Foreign Direct
2020 to 10th April 2021, under the theme: Investment (FDI) flows from the respective
“Connecting Minds, Creating the Future”. countries of posting into Namibia. In addition,
Commercial Counsellors promote trade and
During the Expo, Namibia will focus on tourism to contribute towards the realisation
promoting itself as a renewable energy hub of High and Sustainable Economic Growth, Tunga-eumbo Mboti,
for Southern Africa, with mining and tourism Increase Income Equality and Employment Deputy Director: Namibia Investment
featuring as key sub-sectors that will also Creation. On behalf of the Minister, Hon. Centre and Editor
be promoted. Retired Ambassador Simon Tweya, the Deputy Minister, Hon. Lucia

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 5


Namibia courts Portuguese investors

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- Schlettwein (Finance), Hon. Pohamba Dr Geingob hosted a Namibian investment
powered Government and business Shifeta (Environment & Tourism), Hon. luncheon and a business seminar as part
delegation to Portugal in April as Bernard Esau (Fisheries) and Hon. Obeth of Namibia’s investment promotion drive.
part of ongoing efforts to attract trade Kandjoze (Economic Planning). During the business seminar the President
and investments to Namibia. extended an invitation to Portuguese
investors to form joint ventures with
The President, who was accompanied by a The visit to Portugal Namibian business entities.
number of business leaders and ministers
including Industrialisation, Trade and by the President He said Portuguese investors must
SME Development Minister Hon. Tjekero
Tweya, attended a three-day meeting
and his delegation take advantage of Namibia’s “sound
governance architecture” and invest in the
of international business and political
leaders, the Horasis Global Meeting, held
also sought to build country.

in Cascais, Portugal. The meeting was held investor confidence Following bilateral talks with Portuguese
under the theme ‘Catalysing the Benefits president Marcelo Rebelo de Sousa, the
of Globalisation’. and promote Namibia two leaders agreed to boost engagement
across all sectors of the economy in order
The Horasis community is made up of as a country with a to stimulate mutual economic growth.
more than 800 world leaders and is a President Geingob was impressed by the
unique platform for companies from conducive business outcome of his meeting with president
the emerging and developing world to
take their products to the global market.
environment and De Sousa and was positive that economic
ties between the two countries were
Namibia has been requested to host the
global meeting in 2020.
location of choice for destined for a higher level.

international business “We agreed on closer economic ties


Other Ministers who accompanied the across sectors to stimulate growth and
President to Portugal included Hon. Calle and investors. fight unemployment. I shared Namibia’s

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


“We agreed
on closer
economic ties
across sectors President Geingob addresses a business seminar hosted by Namibia
for Portuguese businesses

to stimulate
growth
and fight
unemployment.”
President Geingob addresses the Horasis Global Meeting

investment-driven activities at the Horasis than it was at independence. bringing harmony into society.”
Global Meeting in Cascais,” said the “We now have direct flights to our
Namibian Head of State. airports from all over the globe; In his capacity as the SADC Chairperson,
the Government has put in a lot of Dr Geingob emphasized the need for
The President said Namibia was investment and effort to try and enable Africa as a whole to strengthen electoral
positioning itself to be a regional hub an economy that can sustain and be a processes and inclusive politics, while
for Southern Africa and thus was an star in the region,” he said. also confronting corruption.
active catalyst proving the benefits of “Africa has to pull together and deal
globalisation. Hon. Schlettwein provided an overall with the challenges of poverty. Africa
financial outlook of the country’s present is a continent of 1,2 billion people and
Hon. Tweya expressed optimism that economy, from the tax systems, basket cannot be ignored or left behind.
the new agreements being entered of goods, financial sector growths,
into would remove non-trade barriers among others. “We are part of a third wave of African
among African nations and facilitate leaders building a governance
commerce. “The financial services sector is architecture of processes, systems and
growing; the secondary sector needs institutions,” the Head of State told
Hon. Esau maintained that Namibia more improvement. The spread for business and political leaders at Cascais.
was a blue economy and that new the financial bonds has not changed
businesses were being opened in the over the last years – that is in spite of Dr Geingob also said that the goal of
fishing industry. He said Government the downgrading of the credit rating an inclusive humanity can be achieved
would like to see more partnerships of the country. We have managed the through building cohesive societies at
and long-term alliances with European economy in a prudent way,” said the national level.
counterparts in the sector. Minister.
“In Namibia, we are building a Namibian
Hon. Kandjoze told the Horasis Global Hon. Shifeta said: “We in Namibia house. I believe in multi-lateralism for
Meeting that Namibia was now very strongly work to reach inclusivity inclusive global governance,” he said.
interconnected with the global world because we believe it is the best way of

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 7


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

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).
investment promotion, which we believe and U.S. States Governments, pointing
The Namibian Embassy in Washington D.C will allow us to create new jobs and bring to numerous cooperation agreements
organised a Trade Mission to Namibia from about economic empowerment,” Hon. in the health, maritime and educational
20-24 May 2019. The Trade Mission was Iipumbu told the American investors, sectors and countless monetary
multi-sectoral, with a focus of promoting reiterating Namibia’s desire to promote contributions targeted towards uplifting
business and investment opportunities. investment that leads to generating the communities through job creation,
“Investment opportunities and needs opportunities of local products and skills development and poverty reduction.
reflected within various development projects. Over the years, Namibia and the U.S. have
initiatives to grow domestically produced enjoyed a mutually beneficial relationship
goods have increased the number of The Deputy Minister further commended in the areas of international trade, as
investment projects attracted through the trade relations between Namibian statistics provided by the MITSMED

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


MITSMED Deputy Minister Hon. Lucia Iipumbu

indicate. In 2018 alone, Namibia was the The Deputy Minister explained that the “The country is privileged to have an
United States 133rd largest goods export timely creation of the Namibia Industrial abundance of natural resources that have
market, amounting to US$203 million Development Agency (NIDA) had allowed become drivers of our economy. Therefore,
(about N$2, 8 billion), while Namibia on government to identify new opportunities we also seek to attract investment in
the other hand imported goods worth for value addition through research, value addition and beneficiation of our
US$120 million (N$1, 7 billion), an increase developing key industrial and business resources, and strengthen areas that have
of 0.5% from 2017. infrastructure as well as promoting and the potential to become economic drivers
facilitating trade, investment and the in future,” Hon. Iipumbu further told the
Furthermore, and in view of broadening introduction of new technology. trade forum.
trade relations and markets, in July 2018,
Namibia became the first and the only “The Namibian Government is committed NCCI Chief Executive Officer, Charity
African country to export meat to United to growing the economy that must be Mwiya, advised local entrepreneurs to
States after local premium quality beef inclusive of all and create employment clearly understand business and learn to
was cleared by U.S. authorities as a high for many Namibians, especially the sacrifice money to be successful.
standard product for the health conscious burgeoning youthful populace and as a
Americans. result, industrialisation is featured as one Mwiya said entrepreneurs should have a
of the priority areas within our national strategy in place, engage in partnerships,
At present, through the Meat Corporation development strategies. and avoid entertaining negative criticism
of Namibia (Meatco), Namibia is busy and bureaucracies to ensure the success
establishing a clientele base for that “However, in our ambitions to industrialise of their businesses.
market and exports are believed to start Namibia, innovation along with skills
imminently. and investment should become building Holistically, the MITSMED is charged
blocks incorporated within every business with the responsibility to develop and
“This is indeed a true gesture of strategy in order to make this a reality.,” manage Namibia’s economic regulatory
commitment between our two countries said Hon. Iipumbu. framework, promote economic growth
and we should applaud all efforts that and development. This is done through
made this possible. The exporting of The MITSMED, through its Growth at the formulation and implementation
Namibian beef to the U.S. came at a right Home strategy also continues to place of appropriate policies with the view to
time when Namibia is diversifying its great emphasis on growing the economy attract investment, increase trade, develop
markets,” said Hon. Iipumbu. by propelling value addition of local and expand the country’s industrial base.
produce.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 9


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,
tourism and agriculture during President Alpha
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 H.E. President Alpha Conde, President of the Republic of Guinea, received by President Geingob
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.
Namibian Ministers attending trade talks with Guinea officials
“Namibia remains ready and committed
to working with the Republic of Guinea for
prosperity and the economic independence and continental integration we all yearn for,” Namibia’s Minister of International Relations
of our people,” President Geingob said. President Geingob noted. Already, there has and Cooperation, Hon. Netumbo Nandi-
been a marked increase in trade between Ndaitwah, said she believed Guinea would join
As SADC Chair, President Geingob said Namibia and Guinea, especially in the areas the exclusive list of Namibia’s niche markets
Namibia will continue to support efforts of mining, agriculture, manufacturing and and serve as ideal export destination for fish
to devise new investment strategies and food processing. The two countries’ joint and fish products, beef, leather products, salt
trade practices for the benefit of all Africans, commission of cooperation (JCC), which and other minerals.
including enhancing regional integration. met prior to the meeting of the Heads of Namibia on the other hand is also open to
“Our bilateral cooperation should serve as State, took stock of and initiated bilateral receiving a variety of products from Guinea,
a building block that will bring SADC and cooperation between the two countries in the such as processed cocoa products, root crops,
ECOWAS (the Economic Community of West sectors of trade, mines, and renewable energy, vegetable oil and seeds for retail.
African States) closer together. This type of agriculture, food production, and forestry,
cooperation is crucial in advancing our quest cultural and eco-tourism. President Geingob welcomed interest shown
to realise the aspirations of Agenda 2063 by the Conakry Port Management to increase

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


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

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 countries, therefore, cooperation between our food security in the economic engagements
Authority (NamPort). He said through effective ports will greatly serve as transmission belt for between Guinea and Namibia as Namibia
use of the two countries’ ports, trade would import and exports of commodities between moves to reduce its import bill for agricultural
be enhanced and in the process ensure that our countries,” he said. products.
there is an interface between sub- regions for
the mutual benefit of Africa at large. President Geingob said there is a need to Namibia and Guinea have also been
develop value chains that are based on raw promoting the easing the cross-border
During President Geingob’s state visit to Guinea materials available in the two countries in order movement of Africans within Africa, which
in September 2018, the two countries agreed to diversify the economies. He proposed the President Geingob believes will ensure that
to cooperate closely in the maritime sector identification of areas for investment through skilled and educated citizens of the continent
and port operations to harness opportunities trade missions and networking activities are able to take their knowledge and expertise
from the blue economy for accelerated youth involving private sector representatives. beyond the borders of their countries but
empowerment and employment creation. remain on the continent.
“Most of our neighbours are land-locked Emphasis has been placed on agriculture and

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 11


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INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 13


Namibia and Tanzania to speed up
cooperation on trade, investment

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.
Tanzanian President H.E Dr John Pombe Magufuli
The current trade levels between the two countries are estimated
at US$25 million per annum. regional and international issues, and underscored the need to
improve cooperation in the sectors of agriculture, fisheries, mining
“This is the area where we need to concentrate because it is very, and in joint trade and investment promotion programmes.
very low, compared to the level of our bilateral relations and the
immense opportunities. We, therefore, need to double our efforts They directed the finalization of the pending memorandum
to increase the level of trade between our countries, including of understanding establishing cooperation on trade and
removing all the barriers to trade and investment,” President investment. They urged trade and international relations officials
Magufuli said during discussions with President Geingob at State of the two countries to speed up the holding of the Namibia-
House. Tanzania Joint Commission of Cooperation within 60 days, the
The two Heads of State deliberated on a wide range of bilateral, communique issued at the end of the state visit stated.

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


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

That meeting would finalise several draft agreements between


the two countries. We must change that
While the Joint Commission of Cooperation between the two situation. We cannot
countries was established in Windhoek in April, 1999, it has never
convened a single meeting.
continue waiting,” the
Tanzanian Head of State
“They must meet in Dar stressed.
es Salaam soon so that Dr Geingob and Dr Magufuli further undertook to help speed up
the implementation of the African Continental Free Trade Area

we finalise these things, (ACFTA), to facilitate free movement of goods and services on
the continent.

otherwise we will go “Let us join our efforts and resources to improve the livelihoods
of our people. We should build a partnership for growth and
on talking, but nothing development, focusing on key issues such as agro-processing,
the value-addition of minerals, manufacturing, and logistics,”
happens. We need to move President Magufuli said.

forward, and we need to 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
move fast. We are delayed, and instead implement preferential trade arrangements.

the progress is not good. “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.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 15


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 Namibia-Russia bilateral relations through the implementation of the
Inter-Governmental Commission on currently include sectoral areas such as various bilateral undertakings between
Trade and Economic Cooperation energy, trade and investment, technical the two nations.
took place in Windhoek from 22-23 May assistance, mining, agriculture, transport,
2019, following an agreement in 2005 education and training, scientific “At the same time, it accorded us an
between the two governments to establish cooperation, tourism, youth and sport, art opportunity to explore new opportunities,
the Commission. and culture, health, and legal matters. all with the aim of enhancing our bilateral
and economic cooperation for mutual
The Commission was co-chaired by New areas of cooperation have been benefit. I am happy to note that we have
Deputy Prime Minister and Minister of agreed upon in the sectors of information made significant achievements in our
International Relations and Cooperation, technology, aviation, fertilizers and value bilateral relations and cooperation,” said
Hon. Netumbo Nandi-Ndaitwah, and addition in the mining sector. Hon. Nandi-Ndaitwah.
Hon. Yuri Trutnev, Deputy Prime Minster
of the Russian Federation and Presidential Hon. Nandi-Ndaitwah said Namibia and Members of the Russian business
Plenipotentiary Envoy to the Far Eastern Russia remain special friends and that the delegation who accompanied Hon.
Federal District. friendship needed to be nourished and Trutnev held discussions with Namibian
maintained, not only at a political level, businesses with the view of forming
The primary mandate of the 8th Session but on trade and economic cooperation. partnerships.
of the Commission was to review all
bilateral cooperation, in order to actively The 8th Session of the Commission Recently, Russian businessman Rashid
promote economic growth and social provided both Namibia and Russia with Sardarov teamed up with an international
development for the two countries and an opportunity to monitor and evaluate accommodation chain to bring the first
peoples. the status of the current cooperation Habitas hotel in Africa to Namibia.

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


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 products to our two strengthening of efforts on both sides.

scheduled for completion during 2019


and is estimated to create 500 jobs. This
countries,” said Hon. These include nuclear power and nuclear
non-energy technologies, geology and
development is expected to result in an Nandi-Ndaitwah. subsoil use, deliveries of industrial and
increase in the number of Russian tourists agricultural products, solutions for land
visiting Namibia. “As we conclude the 8th Session of the reclamation and agriculture, technologies
Commission between our two countries, for smart cities and telecommunications,” the

“I am encouraged I wish to issue a clarion call that our


countries must never cease to work
Russian government statement said.

that cooperation side by side in the promotion of regional


and continental trade and investment,
Russia, which never had an African colony,
enjoys cordial political ties with a number
between our building the necessary human capacities, of countries on the continent. The Russian

agricultural experts infrastructural development for socio


economic advancement of our respective
Federation is now working on forging
and growing economic ties with African
in the area of countries,” said the Deputy PM. countries.

Veterinary Services A media statement issued by the press Interaction between Russia and Africa has

and Phytosanitary service of Deputy Prime Minister Trutnev


said Russia has offered to cooperate with
grown exponentially this century, with trade
and investment growing by 185 percent
Surveillance has Namibia in the fields of nuclear energy,
geology and subsoil use, and a number
between 2005 and 2015. Economically,
much of Russia’s focus in Africa centers on
commenced of other fields that could serve to upgrade energy. Key Russian investments in Africa are

and that there Russian-Namibian trade and economic


relations.
in the oil, gas and nuclear power sectors.

are ongoing “The Russian delegation proposed


Russia is also interested in the African
mining sector and this is particularly
negotiations to cooperation in a number of promising areas, evident in Namibia, Zimbabwe, Angola,

import and export through which trade and economic relations


could be brought to a new level with the
the Democratic Republic of Congo and the
Central African Republic.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 17


Botswana President lauds Namibia’s
dry ports initiative

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 port measuring 27 430 square meters NamPort’s N$4 billion container terminal
Masisi says the initiative by Namibia at the cost of US$3 million. Botswana at Walvis Bay is almost complete and is
to offer dry ports to its landlocked also developed its 36 200 square metres scheduled to be commissioned in August,
neighbours is an impressive move that will facility, while Zimbabwe’s 19 000 square 2019.
unlock regional and international trade. metre port has also been completed. Cargo volumes between Botswana and
Namibia have been growing gradually,
President Masisi toured the port of Walvis H.E. Masisi said the visionary move by although Botswana still uses the port of
Bay in April, accompanied by President the Namibian Government to grant Durban, in South Africa, more than Walvis
Hage Geingob, to familiarise himself with neighbours dry ports would go a long Bay.
the operations of the port. He also visited way towards increasing trade among
the Botswana dry port at the harbour African countries, as well as with countries “We have been importing fuel through
town. further beyond. Namibia for years, but we will be exploring
other opportunities to increase cargo
Namibia has enabled Botswana, volumes between the two countries
Democratic Republic of Congo, Zambia “I have been most as our dry port is fully operational,” H.E.
and Zimbabwe to set up dry ports at Walvis
Bay. The countries were allocated land as
impressed by the new Masisi said, adding that Botswana and
Namibia were also seriously exploring the
part of consolidating the mutual benefits container terminal construction of a railway line linking the
and bilateral ties between Namibia and two countries.
its neighbours. The dry ports will give development. We will
the Namibia Ports Authority (NamPort)
enough capacity to handle large volumes
certainly utilize it,” the “The possibility (of constructing a cross
border railway link) has been there, the
of cargo which will further enhance the Botswana President opportunity exists even more now with
dream of being a regional logistics hub. the expansion of the Walvis Bay container
Zambia has completed developing its said. terminal, he said.

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


The N$4 billion container terminal at Walvis Bay

TransNamib Holdings and Botswana


conveniently serve In 2018, cargo volumes at Walvis Bay
Railways recently signed a Memorandum markets of Botswana, increased by 15%, a positive indication of
of Understanding to speed up the increased cargo flow through the port.
development of the proposed Trans Zambia, South Africa The new modern container terminal
Kalahari Railway (TKR) project, which
would link the two countries by rail.
and Zimbabwe. is expected to increase the container
handling capacity from the current 355,000
twenty-foot equivalent units (TEUs) to
The MoU serves as a short to medium- up to at least 750,000 TEUs per annum,
The establishment of dry ports at
term partnership to connect the two rail whilst ample space for optimisation and
Walvis Bay will broaden the gateway for
companies via a rail and road intermodal expansion of the initial facility exists.
international trade to and from the SADC
service between Namibia and Botswana.
region to Europe, the Americas and the
The Walvis Bay port has now been
Far East. Through the Walvis Bay Corridors,
upgraded to a level where it can compete
A railway linkage the infrastructure and location of the port
for clients with the regional powerhouse
makes it suitable to serve SADC import
from Walvis Bay to and export bound sea-borne cargo.
ports of Durban (South Africa) and Beira
(Mozambique) and NamPort aims to
the eastern town of The Walvis Bay port also now boasts new
serve the over 300 million people in SADC
through the port. It is for this reason that
Gobabis will reduce digitalised systems and equipment, which
NamPort is promoting the development
will raise the competitiveness of the
the road transportation port and route. The increase of the port’s
of trade corridors, namely: Trans-Kalahari
Corridor, Walvis Bay-Ndola-Lubumbashi
return trip by about handling capacity will allow for increased
productivity and efficiency, making Walvis
Corridor, Trans-Kunene and the Trans-
Orange Corridor going into South Africa.
1 200 km and would Bay a more attractive trans-shipment hub
and gateway into the region.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 19


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

T
he Namibia Industrial Development Agency (NIDA) is the In addition, the Agency manages 148 industrial estates and
newest State Owned Enterprise (SOE) created under the Small and Medium Enterprise (SME) business parks, with well-
Ministry of Industrialisation, Trade and SME Development developed water and sewer mains as well as lead road, air and
(MITSMED). rail improvements across the country, housing about 1 080
enterprises.
NIDA, which came into existence in 2018, was established in
terms of Act No.16 of 2016, to advance Namibia’s industrialisation NIDA has also set aside adequate industrial land available
agenda in line with the country’s policies and developmental for private sector development in different towns across the
strategies, such as the Growth at Home Strategy, Harambee country, such as in Tsumeb, Otavi, Divundu, Walvis Bay, Karibib,
Prosperity Plan and 5th Namibia Development Plan (NDP5). Okahandja, Opuwo, Witvlei, Otjiwarongo, Omaruru, Oshakati,
Brakwater and Prosperita in Windhoek.

The medium-term core focus of NIDA To support growing agro industries, NIDA reserved ample
is anchored on: employment creation, hectares of land for innovative investments in the agro industry
with a focus in value addition and manufacturing ingenuities
entrepreneurship development, and has set aside arable land for development in various parts
of the country under joint venture models.
investment facilitation and attraction,
export oriented industrial growth, These include: 200 ha at Naute farm for grapes, butternuts and
lucerne; 1,200 ha at Neckartal dam farm for grapes and dates;
import substitution, and youth 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.
empowerment.
With shovel-ready sites, and a trainable and youthful workforce
NIDA currently manages about 280,000 hectares of farmland available in Namibia, NIDA is primed to serve the needs of
spread across six commercial farms whose operations are in climate-smart agriculture, renewable energy, value-addition
compliance with all business and trade regulations as well as and manufacturing clients, investors and promoters and to lead
pesticide requirements including Good Agricultural Practices. Namibia towards industrialisation.

NIDA Mandate

Research, Innovation &


Technology
Promote Import Develop Industrial &
Substitution Business Infrastructure

Foster Economic Leading Industrial


Transformation Development Policy
Industrial Framework
Development

Initiate & grow EPZ/SEZ Promote Economic


Regime Development

Act as the Agent of


Equity Investment

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


NIDA’s Industrial and Business infrastructure

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
11 Goethe Street
NIDA Building
Windhoek, Namibia
Tel: +264 61 206 2294
E-mail: marketing@nida.com.na or info@nida.com.na

Katwitwi Industrial Parks Kavango Cattle Ranch Naute Irrigation Project

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 21


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.

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


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.
Some members of the High Level Panel on the Namibian Economy appointed
by President Hage Geingob in April
The two-day event, under the theme:
“Economic Revival for Inclusive Growth mobilise resources for hosting of the President reiterated that although
- Strengthening the Namibian House,” is the event; develop an agenda and Namibia’s democracy has established
aimed at growing the country’s economy, identify properly scoped investment sound Governance and Macro-Economic
creating job opportunities, promoting opportunities to be promoted at the architectures, underpinned by a solid
Namibia as an attractive investment and event. foundation of, Peace, Stability, Unity and
tourist destination and identifying and the Rule of Law, deficits persist within the
removing bottlenecks that are slowing “This is a genuine effort on the part country’s Socio-Economic landscape.
down Namibia’s economic growth. of the Government to augment and
supplement interventions aimed at Among the key tasks of the panel are:
The Summit, which expected to attract growing the Namibian economy.
600 delegates from both within Namibia • Conduct rigorous analysis of
and abroad, will provide a platform “The summit will also provide for existing economic policies, regulatory
to showcase growth and investment concurrent breakaway sessions to debate environment and the ease of doing
prospects in Namibia as well as present Public-Private-Partnerships to revive business, to identify bottlenecks
local and international investors with the construction sector, investment undermining the attraction and
a portfolio of investment projects in in infrastructure projects to help retention of investment and economic
several sectors. stimulate growth, employment creation, growth (e.g. structural and
manufacturing and unlocking agriculture bureaucratic).
“It will also be a platform for information towards sustainable food security and
exchange and dialogue between job creation,” the ICT Ministry said further. • Recommend policy approaches,
governments, local and international strategies and remedial interventions
businesses as well as civil society leaders During his State of the Nation Address to revive and accelerate Namibia’s
and stakeholders,” an announcement by President Geingob reiterated that the economic performance, through
the Ministry of Information Technology immediate deliverable he expected from private sector led investment.
and Communication stated. the High Level Panel on the Namibian
Economy was to coordinate the hosting • Advise on the strategic development
The Summit will be preceded by of the two-day Economic Growth process of ‘Brand Namibia’, to position
preparations and consultations with Summit in July. Namibia as a Tourism and Investment
all stakeholders in order to build and destination of choice, and country of
sustain public-private sector consensus When he announced the appointment origin for high value goods and
on proposed remedial interventions; of the panel at State House in April, services.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 23


Namibia seeks to protect lucrative
European meat market

MITSMED Minister Hon. Tjekero Tweya

I Kingdom and suddenly


n a bid to consolidate its hold on
the export market of premium beef,
The Ministry is now
Namibia has been preparing measures they say ‘Sorry, we do
to protect its beef exports to Europe, as part targeting individual
of its Economic Partnership Agreement not have any agreement
(EPA) with the European Union, against EU member states for
the possible repercussions of Brexit. with your country’. It is
direct market access. “We going to be a serious
Minister of Industrialisation, Trade and
are, especially myself,
SME Development (MITSMED), Hon. disappointment.
Tjekero Tweya, says the measures include praying on a daily basis
exploring new and direct markets among Therefore, it is our responsibility to already
the current European Union (EU) member that things should go look for alternative markets so that in
states. The bulk of Namibian premium the event that no trade agreements
beef enters the EU market via the United right. I would not want are signed, Namibia does not sit with
Kingdom (UK).
to hear or experience products that do not have a market,” said
Hon. Tweya.
However, the Namibian government fears that Namibian products,
that with the Brexit uncertainty, particularly Given Namibia’s climatic conditions
regarding customs arrangements, beef especially beef, has and the impact on beef production, the
exports could be limited or go through capacity to serve additional markets could
a cumbersome process of EU import landed in Amsterdam be another hurdle. The EU receives over
regulations and protocols all over again.
destined for the United 9,000 tonnes of Namibian beef together
with Norway and the UK.

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


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

While the latest could be seen as another manufacturers all over the world. These The traceability technology allows
measure of enhancing the Meatco customers demand products that are producers to take pride in their animals,
market for premium beef, Meatco’s Board healthy and wholesome. and at the same time makes Meatco’s job
Chairperson, Dr Martha Namundjebo- Traceability refers to the capacity to of marketing beef easier, since clients are
Tilahun last month stated that the identify the origin of beef. It looks beyond assured of the company’s standards.
company was also looking to explore the the label to uncover the story of where the
Guinea market with is premium quality product came from before finally reaching Industry experts are continuously defining
beef. a consumer’s plate. sustainable beef production. This involves
protecting the land, guarding animal
“Given our track record to deliver quality Thanks to pioneering technology, Meatco welfare and conserving natural resources.
meat products internationally, we are provides a great level of traceability
excited about exploring a new market precision and accuracy. Consumers can Traceability helps confirm the genuineness
like Guinea. I am happy to confirm that trace products right back to the original of sustainably-sourced products by
our team is ready to develop this market animal, unequivocally guaranteeing farm- guaranteeing their origin. Through
opportunity through the leadership of to-fork traceability. regular independent audits at every point
His Excellency Dr Hage Geingob and the in the supply chain, Meatco can support
various line ministries,” Dr Namundjebo- Peter Schaepe, one of Meatco’s commercial producers’ claims by confirming origin of
Tilahun said during President of Guinea, producers, says he appreciates the farm- the beef sold to clients.
H.E. Alpha Condè’s visit to the Meatco to-fork principle since it helps farmers
factory. improve their production methods. Traceability also provides Meatco with
fantastic marketing opportunities
“I really like the farm-to-fork principle because consumers are becoming more
Tracing beef from because there is someone, somewhere and more concerned about the inputs
in the country or in the world eating our and practices used to produce food. Thus
farm-to-fork meat, complementing our product. So we the ability to trace meat to its source is an
Meanwhile, Meatco continues to sell know when we are doing something right essential step in sharing this information
beef products to high-end retail outlets, or if we need to improve,” Schaepe says. with consumers.
restaurant chains, processors and

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 25


Namibia and neighbours push
for ivory trade

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 Ivory sales are currently not allowed without Southern Africa’s Elephant’.
African nations with the world’s approval from the international community
largest elephant population are through the Convention on International Namibia and its neighbours were last
lobbying to be allowed to trade in ivory Trade in Endangered Species of Fauna and allowed to auction their ivory stockpile
in order to benefit the people who live Flora (CITES). CITES imposed the ban in 1989 way back in 2008. Through four auctions,
alongside the animals as well as the to reverse a sharp decline in the African conducted under the strict supervision of
economies of these states. elephant population following increased the CITES Secretariat, Namibia, Botswana,
levels of poaching. Obtaining approval from South Africa and Zimbabwe sold the 102
Namibia, alongside Botswana, Zimbabwe, CITES is a tedious and cumbersome process tonnes of ivory to Chinese and Japanese
Zambia and Angola have argued that which most of the countries affected by the accredited traders for a total amount of
conflict between elephants and rural escalating elephant population don’t want US$15, 4 million (over N$223 million at the
farmers was escalating and that the to subject themselves to. current exchange rate).
elephant population needed to be brought
under manageable numbers. The leaders of the five countries converged President Hage G. Geingob, who is also the
at Kasane, Botswana, in May, for the Elephant current Chair of SADC, is leading the regional
The elephant population in Namibia alone Summit to try and find common ground call for controlled legal trade in ivory, noting
increased from 7 500 to 24 000 between towards elephant population management, that there are concerns over the cost and
1995 and 2019, while in Botswana it has maintaining that conflict between security of holding on to large ivory stocks.
surged to 160 000 from 55 000 in 1991. elephants and rural farmers was getting
Zimbabwe has 85 000 elephants when the out of control. The first-of-its-kind summit “Namibia continues to exercise strict
country’s national parks and conservation was convened under the theme ‘Towards control over ivory stocks. However, stocks
areas can only cope with about 50 000. a Common Vision for the Management of continue to accumulate by an average of

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


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.
Environment and Tourism Minister Hon. Pohamba Shifeta attending the Elephant Summit
Botswana President Mokgweetsi Masisi, who
convened the summit, said the southern our position on elephant management and The southern African states want to
African countries can no longer “continue to speak with one voice for our communities. be allowed to legally trade in ivory
be spectators while others debate and take That one size fits all approach from CITES internationally and use the proceeds from
decisions about our elephants.” of banning everything disregards the good the sales to support elephant conservation
efforts of our governments and is neither and rural conservation programmes in their
Botswana recently lifted its ban on elephant sustainable or advisable”. countries.
hunting, arguing that the move was justified
by an increase in the jumbo animal’s President Geingob and President Masisi Namibia’s current ivory stockpile stands
population and its impact on farmers’ said it was not by accident that the region at about 70 000kg, with a value of N$125
livelihoods. was home to the largest population of million - an amount which could go a long
elephants, but that the countries’ world class way in supporting the country’s elephant
Zimbabwe President Emmerson conservation and management practices conservation and rural conservation
Mnangagwa said: “Let us resolutely affirm had been a huge success. programmes.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 27


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-
NAMIB DUNE EXPLORATION 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 offers 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- WELLNESS GETAWAY
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.

Visit www.nwr.com.na/mice for more details.

GET IN TOUCH WITH US

 +264 61 285 7108 | +264 61 285 7167


+264 61 285 7169 | +264 61 285 7188
 mice@nwr.com.na
 www.nwr.com.na

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


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 Dr Michael Humavindu, MITSMED Deputy Executive Director
which we took to Cabinet last year for
approval was the first phase in our plan to automotive, jewellery, mineral processing,
set up SEZs that will progress us towards our What is currently clear on the SEZ is that the pharmaceuticals as well as agro-processing
goal of industrialisation. So essentially that eligibility criteria for admission encompass, industries.
first phase was an overall framework which manufacturing and processing activities,
was approved and now we are working greenfield projects, employment creation, In addition to the Growth at Home
on the second phase which is developing value addition, investment value, linkage Strategy, other industries to be targeted
the incentives that will make these zones to the domestic economy, innovation, include tourism, specifically high-end
effective. We are busy working on these profitability, compliance and skills transfer. accommodation facilities. Dr Humavindu
with the Ministry of Finance and we hope to In the event that the applicant is foreign said the EPZ regime was found to be limited
define terms and other key elements so that owned, the amount of equity by Namibians geographically and was also constrained
we get our ducks in a row,” Dr Humavindu in the company should be indicated. The SEZ in markets as it was limited to exports only.
said. has is sight firmly set on the manufacturing, “Special Economic Zones, on the other hand,

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


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 Special Economic Zones will help create a favourable investment environment to attract foreign capital that
is essential to revive industrialisation goals
to overcome barriers that hinder investment
in the wider economy, including restrictive the investment legislation, industrial from payment of tax on dividends for
policies, poor governance, inadequate policy, the Growth at Home strategy and residents and non-residents.
infrastructure, and problematic access to the national development plans through
land. In a much narrow view, Namibia’s SEZ provision of targeted economic incentives. The policy also suggests that other
Draft Policy Framework document clarifies Although there is still need to iron out the incentives such as cash grants towards
envisaged goals with key emphasis on the final incentives, the Draft Policy Document construction costs and optional financing
goal to allow enterprises to produce goods also mentions that for manufacturers and securing from national institutions such as
and services that are globally competitive processors, a tax rate of 18% on taxable the Development Bank of Namibia (DBN)
and thus trade effectively with neighbouring income for ten years is one of the incentives. and Agribank will make part of the final law
countries and the rest of the world. Indeed, many of the incentives have to while mooted incentives for the tourism
do with tax, but other incentives such as industry include a 10% tax allowance on the
The policy will serve as one of the execution preferential access to public procurement wage bill as well as 50% training allowances.
tools to achieve the goals of Vision 2030, are being mooted including an exemption

Your Global RoRo Specialist

Think RoRo Think NMT

INVEST NAMIBIA JOURNAL


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VOLUME Nujoma
2 | ISSUE 2 Avenue, Office No.8
| JUNE 2019 | Walvis Bay, Namibia 31
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Energy efficiency, innovation to
boost industrial competitiveness

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 power supply status in the region was
nations have taken first steps in a precarious situation and this called The European Union has rendered
towards boosting their industrial for accelerated efforts in adopting and support to the recently-established SADC
competitiveness through the promotion implementing energy efficiency, as well Centre for Renewable Energy and Energy
of energy efficiency and innovation. as other climate change mitigation and Efficiency (SACREEE) in developing
adaptation measures across all the facets the SADC Industrial Energy Efficiency
Namibia hosted SADC’s first Industrial of our economic sectors. Programme (SIEEP). The programme is
Energy Efficiency Conference in May, designed to assist the SADC industrial
which brought together over 150 regional “The SADC Industrialisation Strategy and sector to become competitive by using
and international experts to take stock of Roadmap (2015-2063) on the one hand, less energy for the same service, or as
the status of industrial energy efficiency, identifies energy as a major barrier, and efficiencies increase even offer additional
share best practices, identify policy on the other as a key enabler for industrial services more effectively, at comparable
recommendations and outline investment competitiveness of the region. It is our quality and quantity of products
prospects. understanding that energy costs are through an enabling environment
significant as they represent about 20- (policy, regulatory, institutional, financial
“Energy efficiency is the most cost- 35% of the production costs of industries frameworks) as well as projects that will
effective way to support industry in in a number of countries in the SADC demonstrate energy savings and the
overcoming barriers in improving their region. This is the trend in all member co-benefits of reduced costs of doing
competitiveness and addressing the countries where the manufacturing business.
effects of climate change. That is why we industry is a significant consumer of
say Energy Efficiency is the First Fuel”, said energy. It is regrettable to note that very Additionally, greenhouse gases (GHG)
Hon. Tom Alweendo, Minister of Mines few improvements in energy conservation emissions, job creation and contribution
and Energy. are taking place largely due to a general to industrialisation in the SADC region
lack of awareness and guiding policy are aimed to be prioritised in the
With recurring and often prolonged frameworks for energy efficiency,” the implementation of SIEEP.
droughts, Hon. Alweendo said the Minister told the conference.

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


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
SADC Industrial Energy national targets and in raising awareness
on technologies and policies.
value brought by energy efficiency across
the value chain.
Efficiency Initiative,” SACREEE Executive Director Kudakwashe
she said in her address Ndhlukula, in his presentation, said energy
Dr Claudia Fischer, Chargé d’Affaires at the efficiency was a topical issue in light of power
European Union Delegation in Windhoek, to the conference. constraints in the SADC region. Energy presents
said energy was the sector on which SADC high production costs in industry in the region
can depend on in the coming years. The EU has identified inadequate while past demand-side management (DSM)
comprehensive policy and legal initiatives were mainly outside the industrial
framework, as well as lack of financing sector.
“Energy serves as a options as the main barriers to the
development of energy efficiency in Ndhlukula reiterated that some of the major
lever for development, SADC. gaps identified limiting adoption of energy
a pole attracting “Sustainable and modern energy is
efficiency and renewable energy activities in
industry include lack of comprehensive, clear
investment and as crucial to meet the Paris Agreement.
Therefore, the EU stands ready to establish
and harmonized policies, strategies and targets
for EE/RE adoption and regulatory framework,
a vehicle to create partnerships with SADC and other such as energy management regulations,
regional organisations to support their performance standards for equipment and
numerous jobs. It is energy transition efforts. These efforts are services; and weak tariff regimes.
essential for building resilience and fight
on this basis that the against climate change,” said Dr Fischer. There are also limited incentives for uptake of
EU has committed SACREEE is playing a key lead role in
energy efficiency and renewable energy, while
access to financing remains limited, especially
resources to assist the assisting SADC countries set their own for small and medium enterprises.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 33


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
Debmarine CEO Otto Shikongo
becoming the single
largest contributor to noted that: “World economic growth
is slowing, with key lead indicators
NEW N$7 BILLION VESSEL
Further, Debmarine Namibia will look to
the fiscus. suggesting a further slowdown. Although increase its diamond production capacity
recession risk is low, lower World GDP by 35% when it commissions its new
The four percent year-on-year increase growth of about 3% will impact growth diamond recovery vessel which will be
in the company’s output was due to in demand for luxury items, including constructed to the tune of N$7 billion.
technology improvements in the drillship diamond jewellery.
rate. Total revenue generated was N$8.9 Scheduled to be production ready
billion in 2018, an 11% increase compared “Challenges are inclusive of diamond by 2022, the ship will be the seventh
to 2017 that was driven by increased prices, N$/US$ exchange rate volatility, vessel in the Debmarine Namibia fleet
production, a favourable exchange inflationary pressures and fuel prices. On with a capacity to add 500,000 carats of
rate, competitive pricing and improved the other hand, there are real prospects diamonds per annum. Anglo American
consumer demand. in production expansion and sampling chief executive Mark Cutifani said: “The
capacity.” addition of this custom-built vessel for
Looking at the future prospects Shikongo the Debmarine Namibia joint venture

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


An illustration of Debmarine’s new diamond vessel AMV3

will bring numerous benefits – in terms


of De Beers’ production profile by value
copper development was affirmed as a significant contributor
to the Namibian economy by Director of
and volume, the technologies that can
be deployed from the outset to deliver
in Peru, that we expect Research at the Bank of Namibia, Florette
Nakusera. She explained that diamond
greater efficiency and productivity, and to contribute towards mining contributed an average of 8.2%
sustained economic benefits for Namibia. to Namibia’s Gross Domestic Product
our 20-25% production (GDP) from 2013 to 2017 and achieved
an average growth rate of 2.6% over this
“We will continue growth by 2023.” period. The sub-sector is by far the largest
contributor to mineral royalty payments
allocating appropriate Namibia has the richest known marine and corporate taxes paid by the mining
diamond deposits in the world and is
levels of capital among the top 10 producers of gem
industry.

in a disciplined quality diamonds globally. The journey of


offshore marine diamonds started billions
Debmarine continues to invest in the
country’s youth, not only through its
manner across of years ago when volcanic activity sent
diamonds into the riverbed of the great
bursary scheme and other in-house
educational programmes, but also in
Anglo American’s Orange River, which over millions of years corporate social responsibility initiatives.
washed the diamonds into the Atlantic
wider organic Ocean. Through its social investment fund,
pipeline of near- “Some of the highest quality diamonds in
the company invests approximately
N$9 million annually on community
and medium-term the world are found at sea of the Namibian
coast. With this investment we will be able
development initiatives focusing on
women empowerment, early girl-
growth opportunities, to optimise new technology to find and
recover diamonds more efficiently and
child development, education, health
and welfare, capacity development,
including the world- meet growing consumer demand across conservation, and SME development
the globe,” De Beers Group CEO Bruce through the Debmarine-Namdeb
class Quellaveco Cleaver. During a recent stakeholder Foundation.
engagement event, diamond mining

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 35


Meatco embraces technology with mobile App

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.
ICT Minister Hon. Stanley Simataa
Meat producers who have registered on the Meatco Go App
can sign online for delivery agreements as well as the special beneficial to Meatco as a business entity. The new system
deliveries related to specific dates that the company gives to is an initiative that was necessitated by the ever-changing
its producers. Furthermore, producers are able to view the technological world and Meatco’s principal of always striving
slaughter plan and the App allows them when they would want towards creating easy interaction with producers at all levels,
to make a change on delivery dates to make such changes in thus ensuring better working relations,” Hamukuaja-Thobias
the comfort of their homes without the need to visit the Meatco explained.
offices, an exercise that was both costly and taxing.
Giving specification on how to use the new App,
“Producers will be able to change delivery dates and view a Hamukuaja-Thobias highlighted that the process
summary of slaughter statement. Overall, the new system is follows an easy routine procedure that made it
a better way to serve our valued producers and will also be convenient.

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


Top quality cattle making their way to the Meatco abattoir

“All you need to do is to open an The call to digitise the economy is not new.
internet browser either on your At the 5th ICT summit, Information and
phone, tablet or computer and Communication Technology Minister Hon.
type in: mobile.meatco.com. Stanley Simataa said the country needs
na and click on register. In the to make substantial investments in new
email field type in your email technologies to yield significant benefits
address and it is important and encourage the adoption of the latest
that it is the email that we applications to improve accessibility and
have on our internal systems. connectivity.
In other words, the same one
you get the e-news on.
Type in the password “We need to address
you like and click submit
request. You will now the perpetual human
be returned to the
main page. Type in
capacity challenges
your email address we are faced with.
and password and
click login. That is Unless addressed, this
the whole process
involved,” she said. will be a huge drag on
Over the years, Meatco our ability to navigate
has been one of
the organisations
the imminent onset
that focuses on of the 4th Industrial
value addition
to create wealth at Revolution.
home. In its operations and
as is with the App, Meatco has “For our country to avoid remaining on the
made interventions to support periphery of the 4th Industrial Revolution,
Meatco continues to apply new
technologies to ensure that its
value addition, upgrade and we must contemplate a host of policy and
operations remain efficient diversify through a needs-oriented and regulatory interventions that will place us in
comprehensive approach to industrial better stead to harness the benefits of this
development and structural transformation imminent and unavoidable development,”
towards a more productive working cycle the Minister said.
with stakeholders.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 37


38 INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019
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 The Rössing uranium mine at Arandis
and Trekkopje mine, increasing significantly by 95% to N$9 completed Husab mine is expected to
have been deemed billion in 2018 from N$4.7 billion in 2017. contribute significantly to Namibia’s
growth outlook over the medium to long
uneconomically viable Despite the low uranium prices, there term. At full capacity, the open-pit mine
and as such have been are a number of uranium projects in the is set to have production output of 6.8
pipeline. This includes 5 new potential thousand tonnes (kt) per year, which
placed under care and mines which are expected to be alone amounts to more than double of
maintenance. developed from 2020 onwards, however,
this will be contingent on the recovery of
Namibia’s uranium output of 2.9 kt in
2017.
The closure and placement into care and uranium prices. The prospective mines to
maintenance of large uranium mines be developed include the Etango Project With these promising prospects in place,
within the sector has resulted in the by Bannerman Resources, Norasa Uranium the sector can aspire to contribute as
country’s production of uranium dropping by Valencia Uranium and Reptile Uranium significantly as the diamond industry has
by 40% between 2012 and 2015. by Tubas and Tumas projects. towards bolstering Namibia’s GDP and
increasing the country’s export earnings.
However, production has begun to In discussing the prospects of the
increase year-on-year since 2016 and uranium sector, it is important for one We at Standard Bank Namibia alongside
over the medium term, the China General to be cognizant of the fact that uranium the Namibian government are excited by
Nuclear Power Group owned Husab mine does not trade on an open market as the prospects within the uranium sector
is expected to contribute significantly other commodities do. Instead, buyers which in recent months has included
towards driving growth in the sector. and sellers negotiate contracts privately increased level of investments and
- with nuclear utilities buying uranium increased exploration activities. Standard
According to the Bank of Namibia, in 2018 through long-term contracts. This has Bank Namibia is thrilled to support the
uranium production grew by 64.8 percent insulated a number of active mines from development and the growth of the
increasing the production of uranium price fluctuations and enabled them to uranium sector and will work towards
oxide from 10 million pounds (lbs) in 2017 continue to with production. ensuring that the positive developments
to 17 million lbs in 2018. This results in the emanating from the industry will ripple
revenue derived from uranium exports Looking at future prospects, the recently through the wider economy.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 39


Free Trade Area shines light on African trade

Albert Muchanga, African Union Commissioner for Trade and Industry

T
he 21st of March not only marks Today, Africa is on target to launch the “It has been a momentous year of
Namibia’s independence but also operational phase of the Free Trade hard and smart work to create an
reflects a day in which the agreement Area in July, in Niamey, Niger, where African Continental Free Trade Area
establishing the African Continental Free the continent will hold another Extra- with commercial substance. As we
Trade Area (AfCFTA) came into effect. Ordinary Summit for that purpose, as commemorate the first year of this large
well as formally commemorate its First market space, we do so with concrete
The AfCFTA, which aims to create a Anniversary. During the launch, the achievements. The Free Trade Area is
single continental market for goods and AfCFTA shall be fully supported with already delivering results well before
services with free movement of business well-defined rules of origin; schedules it enters into force. In December 2018,
persons and investments, enters into its of tariff concessions in trade in goods; we held the First Intra-African Trade
operational phase in July, 2019, shining an online continental non-tariff barriers Fair, in Cairo, Egypt, which attracted
light on the future of African trade. monitoring and elimination mechanism; above target exhibitions and business
a Pan-African digital payments and transactions.
This agreement opened for signatures settlement platform as well as an African
on 21st March, 2018 at an Extra-Ordinary Trade Observatory portal. “At the Cairo Fair, we had 1,086 exhibitors,
Summit of the Assembly of African Union 86 above target. We also had business
Heads of State and Government in Kigali, It is envisaged that from July, traders deals over US$32 billion, well above
Rwanda. At that Summit, 44 African across Africa will be able to make use the target of US$25 billion. This sterling
Union Member States signed the historic of preferential trading arrangements achievement signals the potent force of
agreement. The number rose to 49 at offered by AfCFTA as long as the the Intra-African Trade Fair as a viable
the July 2018 Nouakchott, Mauritania trade relations involve the 22 or more platform and brand for trade information
Summit. Three more signatures were countries that would have deposited as well as actual growth of intra-African
added during the February 2019 Addis instruments of ratification. Additionally, trade,” Albert Muchanga, African Union
Ababa Summit, bringing the number to conform to agreed provisions on rules Commissioner for Trade and Industry,
52. of origin governing trade in the African said while reflecting on the milestones of
Continental Free Trade Area. the agreement.

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


Hon. Netumbo Nandi-Ndaitwah

it work, Africa is overcoming the


Seven Member-States: Egypt, Eswatini, historic fragmentation and isolation
The Assembly Ethiopia, Kenya, Ghana, Madagascar and of her economies by opening up
Senegal submitted bids by the deadline huge commercial opportunities as
of African Union of 20th March this year. An assessment
mission will be visiting these countries
well as improving transport and
communication linkages among African
Heads of State and on the basis of which a report will be
prepared for consideration by the
countries.
In this view, Deputy Prime Minister

Government will, at AU Ministers of Trade and the Extra-


Ordinary Summit. It is the results of
Hon. Netumbo Nandi-Ndaitwah called
on Namibian private businesses to take
the assessment mission which will give advantage of the imminent Free Trade
the Niamey Extra- guidance on deciding the host of the Area road show in July, 2019, that aims
permanent AfCFTA Secretariat. to recruit the private sector into the
Ordinary Summit, plans of the agreement.
The work for the interim and permanent
also make a decision secretariats of the AfCFTA is already being “The African Continental Free Trade
cut out for them. An implementation Area will remain a pipedream if the
on the location of plan is under preparation and has been
submitted to the AU Ministers of Trade,
private sector is not at the forefront of
this initiative. I call upon the Namibian
the Secretariat of who, if satisfied with it, will convey it
to the Extra-Ordinary Summit for its
private sector to fully participate in
these events (CFTA engagements

the Continental Free consideration and adoption in July. with the private sector),” Hon. Nandi-
Ndaitwah said.
It is essential to note that in launching
Trade Area. the Free Trade Area and making

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 41


Namibia gears for World Expo 2020

Al Wasl Plaza will be the heart of the Expo 2020

N
amibia has kicked off preparations be deputised by Japhet Isaack, Namibia’s
for participation in one of the Ambassador based in Egypt and serving
world’s major expositions, the the entire Arab countries.
World Expo 2020, taking place in the city
of Dubai, United Arab Emirates, from the Ambassador Maruta will set up office
20th October 2020 to 10th April 2021, in Namibia as well as in Dubai, so as to
under the theme: “Connecting Minds, be in the thick of the preparations. His
Creating the Future”. office will report directly to the Minister
of Industrialisation, Trade and SME
Minister of Industrialisation, Trade and Development. He will provide regular
SME Development (MITSMED), Hon. for attracting investment and creating monthly reports on Namibia’s preparation
Tjekero Tweya, says Namibia will focus awareness about what Namibia is able to to the Minister to ensure that the country
on promoting itself at the World Expo offer and deliver. Government recognises prepares adequately to attract tourists
2020 as a renewable energy hub for that renewable energy represents a and investments at the end of the World
Southern Africa, with mining and tourism valuable economic resource for Namibia. Expo 2020.
featuring as sub-sectors for promotion. Renewable energy is also seen as a key
Namibia will craft key messages for its catalyst to achieving the goals set out “We are calling upon the private and public
strategic advertising and public relations in the Harambee Prosperity Plan which sector, small-and-medium enterprises,
campaigns leading up to the Expo 2020. aims to, among other things, increase especially those businesses and entities
local electricity generating capacity from in renewable energy, mining and tourism
Hon. Tweya announced the appointment 400 MW to 600 MW. This will enable sectors to come forward and pledge
of Retired Ambassador Simon Madjumo the provision of electricity to schools your commitment towards Namibia’s
as the Commissioner General of Section and health facilities by 2020; as well as participation in the World Expo 2020.
to spearhead Namibia’s participation in increase the rural electrification rate from Borrowing from the famous quotation
the World Expo 2020, Dubai. 34 percent to 50 percent. of former and late U.S. President, John
F. Kennedy, saying, ‘Ask not what your
Namibia’s renewable energy sector, In leading Namibia’s preparations for country can do for you. Ask what you
as well as mining and tourism sectors, Dubai 2020, Ambassador Maruta, who can do for your country’,” Minister Tweya
provide an exceptional value proposition has extensive diplomatic experience, will appealed.

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


About the Expo
the heart of the Expo.
Over 190 countries will come together It is said to bring
to make #Expo2020 a once-in-a-lifetime
experience that connects humanity and together a physical
creates a better future for all. This will
be a key meeting point for the global manifestation of
community to share innovations and
make progress on issues of international
the main theme of
importance such as the global economy, the Expo, which is
sustainable development and improved
quality of life for the world’s population. “Connecting Minds,
Creating the Future.”
The main site of World
The plaza will connect the three thematic
Expo Dubai 2020 will districts – Opportunity, Sustainability and
be a 438-hectare area Mobility – and the other main concourses,
including the Dubai Metro link and the UAE
(1083 acres) located Pavilion, through its seven entrances and
exits.
between Dubai and
The dome will be 65 metres tall with
Abu Dhabi cities, near a diameter of 150m, and will hold an
Dubai’s western border estimated 10,000 visitors, said Ahmed Al
Khatib, vice president of property at Expo
with Abu Dhabi. 2020 Dubai. Filled with fountains, waterfalls,
parks and palm-lined courtyards, the dome
Al Wasl Plaza will be will be partly open to the sky at the top.
Retired Ambassador Simon Madjumo Maruta

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 43


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 An aerial view of the Kombat Copper Mine
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 providing services in exchange for equity contractor for the Project on commercial
relationship as we execute our plans in Trigon. The structure and pricing of terms to be agreed between the parties.
to build Trigon into a mid-tier copper Xinhai’s investment will be determined by The proceeds of the financing will be used
producer,” said Jed Richardson, President the parties, acting reasonably and in good for advancement of the project, including
of Trigon. faith,” a statement from Trigon said. engineering design, acquisition or leasing
of land surface rights, refurbishment and
Xinhai has a proven track record of Further, Xinhai will assist Trigon in securing start-up of Kombat Copper Mine’s existing
successful implementation of large-scale up to an additional 80% of the capital processing plant and management of
engineering and construction projects in requirements of the Kombat project open pit operations.
Africa and is well placed to partner with through debt financing through Chinese
Trigon to support the restart of mining at export credit facilities. The structure Trigon Metals recently agreed terms with
Kombat. and pricing of the debt financing will a major international trading house to
be determined by the parties, acting buy 100 percent of the annual production
“Pursuant to the MoU, Xinhai has agreed reasonably and in good faith. In exchange from the Kombat mine, estimated to be
to invest up to 10% of the capital for the above funding support, Xinhai will up to a total of 20, 000 metric tonnes of
requirements of the project by way of secure the right to be appointed as the EPC contained copper.

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


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 into Namibia and beyond other SADC funds to strengthen partnerships and invest
Prosperity Plan, an countries. After improvement, freight
trains will be able to travel at up to 80km/
in strategic road infrastructure to enhance
continental integration and facilitate intra-
action plan launched in hr and passengers will enjoy speeds of up African trade.
to 100km/hr. The rail upgrading work will be
April 2016, to support implemented over three years. In his address to the Africa Road Maintenance
priority interventions Funds Association (Armfa) Southern Africa
The road to the Hosea Kutako International focal group meeting held in Windhoek,
identified in the Namibian Airport is being upgraded to a dual Schlettwein said Africa has an economy
government’s National carriageway with two lanes in each direction,
and will incorporate an option for a third lane
with high potential growth, which needed
to be unlocked through a concerted
Development Plans in the future. The existing road will be retained investment compact in skills, technology and
as an alternative to service local traffic. The infrastructure.
(NDPs). Namibian government is co-financing the
airport road project. “The development of sustainably conducive
The upgrading of the railway track roads should be responsive to the needs of
between Walvis Bay and Kranzberg will Namibia recognises that the combination modernisation, the aspiration of younger
speed up both freight and passenger of having direct access to the South Atlantic generations, and the ever-advancing
traffic. The current railway line, of Cape and a good transport network can improve technologies,” he said.
Gauge standard, was last upgraded in its competitiveness and desire to become an
the 1960s and, in its current condition international logistics hub. It shares borders Schlettwein urged continental road funds to
with speed restrictions is an infrastructure with Angola, South Africa, Botswana and seek solutions to both financial and technical
bottleneck, resulting in increased Zambia, and the latter two countries are aspects which will ensure that Africa at large
transport costs. landlocked. becomes better interconnected and cost-
The upgrading is particularly important efficient in travel across the borders as it
because it will involve a direct linkage to Meanwhile, Namibia’s Finance Minister Hon. would promote trade and economic growth.
Walvis Bay Port, and therefore will speed Calle Schlettwein has urged African road
the passage of goods to and from the port

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 45


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 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-

new processing gional Governor, Adelheid Kandjala; the Mayor of Walvis Bay - Alderman Immanuel Wilfried, and Hangana
Seafood Managing Director, Herman Theron.

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 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-
mining and energy, marine tourism and tor, Herman Theron; Special Advisor to the Erongo Regional Governor, Adelheid Kandjala, and the Mayor of
marine fisheries and other aquatic resources. Walvis Bay - Alderman Immanuel Wilfried.

“The Government is keen to ensure that products to markets worldwide. This target This objective will provide the industry
at least 340,000 MT of the total 550,000 includes 70% of hake value addition as is with higher returns, and also create much
MT landings is processed on shore by currently the case, and a new target of 70% needed jobs in the fishing sector. At the
2022, and exported as high value finished value addition in horse mackerel fishery. moment, about 120,000MT is added value

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


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-
Construction of the new Hangana Seafood processing facility is envisaged
to be completed in September 2020 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.
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 According to Hangana Seafood Managing
Governor, Adelheid Kandjala; and Hangana Seafood Managing Director, Herman Theron. Director Herman Theron, the company has
over the years developed a strong footprint,
locally, which includes 70% of hake landings, that value addition initiatives in all fisheries, not only in Namibia but also internationally.
and less than 10% horse mackerel landings. including horse mackerel, are becoming
We are therefore determined to achieve our our new normal - and I thank the fishing “Hangana is recognized as a leader in the
NDP5 annual targets on value addition,” said industry for this investment confidence Namibian fishing industry with a wet-fish
Hon. Esau. in the fishing sector, even in these tough fleet of eight vessels. Our global clientele
economic conditions. for land-frozen products include customers
The Fisheries Minister urged the local private in Australia, France, Germany, Italy, the
sector to invest more in fisheries value I wish to state that investments in the Netherlands, Spain, the United States,
addition, and particularly in horse mackerel, fishing industry should be accompanied by and the Southern African Development
where there was still a significant value proportionate job creation,” said Hon. Esau. Community (SADC) region,” said Theron.
addition gap to bridge. “I am happy to note

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 47


Wernhil Mall expansion changes
face of Windhoek CBD

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 Namibian experience. 600 – 700 permanent positions have been
of just over half-a-billion Namibian Shopping convenience has significantly created at the various retail outlets. From
dollars in Phase 4 of Windhoek’s been enhanced by the addition of more an environmental point of view and in
popular Wernhil Park Mall has reaffirmed parking and food offerings; a second line with one of our vision metrics which
the Ohlthaver & List (O&L) Group’s public transport facility as well as a fully- is to reduce our carbon footprint, I am
commitment to creating a sustainable fledged medical facility and overall easier happy to state that significant focus was
Namibian economy. pedestrian access into the mall from placed on ensuring our power and water
particularly the southern part of the center. consumption is kept to a minimum,” Wenk
In a year that marks 100 years of O&L’s said, further encouraging the public to
existence and 29 years since Wernhil Park Further investments in the Wernhil Mall support environmental sustainability by
opened its doors as Namibia’s first fully- not only enhance the vibrancy and appeal using water sparingly and keeping the
fledged shopping mall in 1990, shortly of Windhoek and in particular it’s CBD, but environment clean.
after the country’s independence, the even more so enhance the lives of those
investment remains a clear sign of the who benefit from the new jobs created. President Dr. Hage Geingob, who officiated
confidence the Group has in the future of Broll Namibia Managing Director, Marco at the opening of the expanded mall,
Namibia. Wenk, who delightful spoke about the said infrastructural development plays a
impact of the Wernhil Phase 4 highlighted significant role in the development of the
Wernhil Park now offers an even greater that the vast jobs created are also laced Namibian economy and shopping centres
variety of choice and more convenient with environmental responsibility. and malls provide a linkage between
retail experience for the CBD shopper. producers, distribution centres and the
With an area of over 55 000m² of prime “I am extremely excited to mention end consumers, thereby bringing together
retail space, Wernhil Park’s warm and that during construction; 400 - 500 job various sectors of the economy, under one
inviting atmosphere is symbolic of a true opportunities were created while at least roof.

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


Inside the expanded new Wernhil Mall

“Allow me to commend the O&L Group for


its continuous efforts, and commitment Today, the City O&L Executive Chairperson, Sven Thieme
to the growth of Namibia. Being a player
in so many sectors in the country, which
of Windhoek can said: “The opening of Wernhil’s fourth
extension is demonstrative of how we
includes property development, the proudly boast a can create opportunity by being bold and
fishing industry, retail and hospitality
among others, the O&L Group has over
structure which purposeful. We are so excited to provide
our valued customers a world-class retail/
the years, and still continue to significantly symbolizes progress, shopping experience that gives them
contribute to the growth of the Namibian
economy,” said the President.
which symbolizes choice and convenience. And, we remain
committed to keeping the CBD alive by
growth and igniting the pulse of the City.”
“Developments such as the one we
are celebrating today needed the which symbolizes Thieme commended Broll Namibia MD
commitment from relevant role-players,
not only within the O&L Group, but on
a country on Wenk – who will take over the helm as
Managing Director of O&L subsidiary,
a larger scale inclusive of government the march, Namibia Breweries Limited (NBL) effective
support, local authorities, the construction
sector, and the Namibian public at large.
towards a future 1 July 2019 - recognizing him for the
phenomenal leadership portrayed in
And I don’t believe we would have stood of opportunity, contributing not only to the success of
here today and witnessed this beautiful
result, had the necessary commitment not development and the newly constructed phase of Wernhil
Park, but to that of Broll Namibia and the
been in place and executed,” he added. prosperity. O&L Group as a whole.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 49


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

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 Through the ‘I Go
tandard Bank Namibia, together ‘I Go Namibia’ offers a number of benefits
with the world’s biggest bank by specifically for ICBC cardholders travelling
assets, the Industrial Commercial
Bank of China (ICBC), has launched the
Namibia’ initiative, ICBC to Namibia for leisure. These benefits
include; card protection insurance;
‘I Go Namibia’ initiative which is aimed cardholders can enjoy accommodation deals with premium
at boosting investment flows, cementing hotels, lodges and restaurant groups;
trade ties and encouraging tourism convenient, comfortable discounted return flights to Namibia,
between Namibia and China. among many other incentives.
and cost-effective
The ‘I Go Namibia’ initiative, which forms
part of the ICBC’s I Go Global rewards
shopping, travelling and “Chinese investment and trade has played
an integral part in encouraging economic
scheme for its more than 830 million
cards in China, seeks to capitalise on
leisure experience in and infrastructure development in
Namibia and Africa as a whole, and in
the growing appetite among Chinese Namibia, while Standard growing trade and investment flows
travellers to visit Namibia by offering a between China and the continent,” says
range of discounts and special offers from Bank cardholders will Standard Bank Head of Card in personal
Namibian merchants across the travel, and business banking, Hendrik du Plessis.
hospitality and lifestyle sectors. enjoy the wonderful
Tourist arrivals from China have increased
tourist and shopping “The partnership between Standard Bank
and the Industrial Commercial Bank of
over the last few years, and outbound
travel is forecast to reach more than 200
experience in China China has contributed to moving various
African countries forward for many years,”
million departures by 2020, according through the I Go China du Plessis further says.
to the Chinese National Tourism
Administration (CNTA). initiative. Standard Bank Namibia Head of Marketing,

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


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

Communications and CSI, Magreth Standard Bank, Africa’s biggest bank, Chinese, delivering the bank’s broader
Mengo says the ‘I Go Namibia’ private- which recently celebrated a decade-long Pan-African and global capabilities
public partnership will help enhance institutional relationship with the ICBC, to individual as well as small and
ongoing efforts to create new, sustainable has been at the forefront of building the large commercial Chinese enterprises
jobs more especially in the tourism value world’s most advanced trade platform operating in individual African
chain. between Africa and China. countries, between African countries
“Both initiatives will increase the and between Africa and China.
partnership and economic cooperation To this end, Standard Bank and ICBC have
between China and Namibia thus improve purposefully structured their Africa-China • An entirely Chinese-speaking
the country, people and culture relations,” trade corridor to meet the needs of both Standard Bank branch at Crown Mines
Mengo says. Chinese importers and African exporters - in Johannesburg, located in the heart
at both ends of this unique global trade of Dragon City, which also helps Chinese
Gang Sun Deputy CEO of ICBC platform. importers and exporters access business
Representative office in South Africa, Some of the features of Standard Bank’s opportunities in Namibia, Lesotho,
says the two banks would like ‘I Go’ to Africa-China trade corridor include: Swaziland, Botswana, Mozambique and
be a platform that multi-parties leverage Zimbabwe.
advantages together to contribute to • Africa China Banking Centers
Namibian - Chinese trade and business (ACBCs), already operational in South • The signing of a US$ 500 million loan
exchange. Africa, are one-stop-shops for Chinese facility with the China Development
businesses and individuals seeking Bank at the BRICS Summit held in
Over the past decade China’s trade with to transact in, across and out of Africa. Johannesburg in July 2018, means
Africa increased from US$100 billion Manned by Chinese-speaking bankers, that over the next seven years the
in 2007 to US$230 billion by the end ACBCs are one-stop-banking shops facility is designed to support the
of 2017. While much of this trade has for personal and business banking growth of Standard Bank’s African SME
been dominated by Chinese exports, clients as well as for Chinese importers clients, many of whom are looking to
the inaugural China International Import and exporters. ACBCs provide seamless export to China.
Expo (CIIE) held in Shanghai from 5 – 9 consultation and advisory services via
November 2018 marked the practical telephone, online or email, and now also “The strategic partnership between
expression of China’s intention to change via WeChat, linking African and Chinese Standard Bank and ICBC provides an
the content and balance of its trade with clients with China’s highly networked unrivalled proposition to deepen Africa-
Africa. digital banking and customer China trade. We are confident that we can
knowledge systems. More ACBCs are serve clients on the ground in Africa while
As China evolves away from export-led currently rolling out in Nigeria with simultaneously accessing the highest
growth towards a mixed consumption- other African hubs to follow. levels of China’s capital, banking, trade and
led development model, Africa has been investment network,” says Leon Barnard
identified as China’s chief source of future • About 30 Chinese-speaking relationship Chief Executive, Personal and Business
beneficiated commodities, industrial and managers across 15 African markets. Banking, Africa Regions, Standard Bank.
services imports. Many of these are Africans who speak

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 51


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 Hon. John Mutorwa, Works and Transport Minister, with TransNamib Board and Management members
bring about much-needed revenue for the
company. Therefore, we should all continue to claim characteristics such as, bulk freight
to work together to ensure that TransNamib mover, uncongested rail, reliability, safe
reclaims its legitimate position as the bulk transporter, unlimited capacity,” said Smith.
freight carrier of Namibia,” he said. In all, the new branding embodies an
“The rebranding of TransNamib marks the organisation that is reinventing itself, but
beginning of a new and long journey that is still very committed to its mandate. The
the company and the Government have new identity builds upon its history of rail
set to return the company to profitability experience as well as opens doors to the
and positively contribute to the objectives future.
The New TransNamib logo
of Vision 2030, NDP5 and the Harambee
Prosperity Plan,” said Hon. Mutorwa. Smith said TransNamib had witnessed a
countries, like Angola, Botswana, Zambia
growth of about 8% in freight volumes in
and Zimbabwe in order to fulfil the desire
Government and TransNamib are leading a the last year.
for an uninterrupted and complete rail
renewed campaign to move bulk and heavy connectivity.
freight away from the roads to the railway, “Although still insignificant in terms of what
“The ultimate success of our economies
especially over long distances. we still have to do at TransNamib, it is the
heavily depends on an efficient railway
beginning of a new era. It, therefore, has
infrastructure and system. Railway is by
“It is my strong belief that if we prioritise become important that our new identity
design made to accommodate large
the support and commitment towards should become synonymous with the
volumes of bulk freight, containers and
railways, this will help us to fast track future growth and success of the company,”
people. Railway remains critical for the
the implementation of proper logistics he said.
bottomline of the end consumers as
infrastructures and we can conveniently it is designed to provide economical
position Namibia as the logistics hub of the Smith said TransNamib needs to grow
transport solutions,” Hon Mutorwa said,
Southern African Development Community significantly in size and in customer base,
adding that Government had already
(SADC) region,” the Transport Minister said. and that their new corporate identity will
committed financial resources towards
have to help the rail company communicate
the improvement of Namibia’s railway
It is anticipated that industries and their growth.
infrastructure.
economies of SADC member states will
continue to grow and soon exceed the TransNamib Chairperson, Advocate Sigrid
TransNamib Chief Executive Officer, Johnny
current carrying capacity of the regional Tjijorokisa, highlighted that the new brand
Smith, said the rebranding will help the
roads infrastructure, hence the region’s was aligned to the company’s new vision
company in every area possible to ensure its
renewed focus on developing rail to be “the preferred bulk transporter of
growth and success.
infrastructure. The plan is to link Namibia’s Namibia” as well its mission “to ensure world
rail network to that of neighbouring class railway services and generate return on
“A new brand is a promise for the company
investment for our shareholder.”

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


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 Stanford’s Director for Global Operations, Jeffrey Prickett
make ambitious changes to their delivered at the participating company and its management team,
businesses, transformation is realised will take place at various intervals throughout the programme.

even before completion of the The programme is exclusively for business owners of for-profit
companies or for-profit social enterprises with annual company
training,” he said. revenues of US$150 000-US$15 million (about N$2,2 million to
N$216 million).
The programme is subsidised through philanthropic contributions.
Pat Dambe, vice president of corporate affairs and government
With the commencement of recruitment for the southern African relations at De Beers Global, said: “Seeing this programme come to
leg, this builds on the success of the first two meetings of business fruition, as we had envisioned for Southern Africa, is remarkable. It
leaders from Botswana, Namibia and South Africa. Chief executive has enabled us to collaborate with our producer countries towards
officers and company founders are encouraged to apply for the repositioning enterprise development in our region.”
third programme. Those accepted will begin their programme in
January 2020. 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
De Beers Resident Director, Daniel Kali, said the international million) into a three-year partnership with the Stanford Graduate
diamond company has been finding alternative funding to help School of Business, to specifically impart skills to entrepreneurs
grow the Namibian economy in these challenging economic times. in Namibia, Botswana and South Africa. The programme is
headquartered at the Botswana Innovation Hub, a Science and
De Beers partnered with Stanford as a way to expand the work of Technology Park in Gaborone.
Namdeb. The seed programme is a high-tech learning experience
aimed at empowering established business leaders in Botswana, As an overarching goal, the programme provides management
Namibia, and South Africa – De Beers Group producer countries in training, leadership team workshops and networking support to
Africa. assist southern African leaders to grow their businesses, create
jobs and help lead their regions to greater economic diversity and
During the seed transformation, participants will undertake a prosperity. Ultimately, it is also primed to create and activate a detailed
12-months intensive leadership programme which includes action plan to help businesses grow and scale their companies.
sessions on strategy and finance, business ethics, and design Throughout the year-long experience, participants will work in small
thinking, all taught by world-renowned Stanford faculty and local peer groups called leadership labs to share experiences, resources,
business practitioners. In addition, a series of four full-day workshops, ideas and support.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 53


54 INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019
Deputy Minister Iipumbu on
Germany fact finding mission

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.
Delegates visiting some German manufacturing companies
The visit to Berlin and Stuttgart included
meetings with Federal Foreign Office the Parliamentary Committee on Economic different trade associations, had talks with
Minister of State Michelle Müntefering, the Affairs and Energy and the Parliamentary representatives of German companies like
Parliamentary Committee on Economic Friendship Group for Relations with the Mercedes Benz and visited manufacturers
Cooperation and Development as well as SADC countries. The delegation also met and manufacturing plants.

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 55


MINISTRY OF INDUSTRIALISATION,
Republic of Namibia
TRADE AND SME DEVELOPMENT
2. DEPARTMENT OF INDUSTRIAL DEVELOPMENT
The Department of Industrial Development is responsible for
evaluating and appraising industrial projects.
Ambassador Steve Katjiuanjo
Executive Director
It renders business support services to entrepreneurs such as feasibility
Tel: +264 61 283 7332
Email: katjiuanjo@mti.gov.na 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.
DEPARTMENTAL BRIEF DESCRIPTION
3. DEPARTMENT OF TRADE AND COMMERCE
The purpose of this insert is to introduce you to the three departments The Department of Trade and Commerce is responsible for national
and one directorate of the Ministry of Industrialisation, Trade and SME policies and programmes geared towards the management,
Development (MITSMED), briefly describing their different roles and regulation, promotion, development and facilitation of internal trade,
services they offer. Below are some of their highlight roles and functions: commercial and business activities.
Contact Details
Dr. Michael Humavindu
The department also deals with international trade activities such as
Deputy Executive Director (Industrial bilateral, regional and multilateral trade agreements.
Development)
Acting Deputy Executive Director (Namibia
Investment Centre)
Acting Deputy Executive Director (Trade & Contact Details
Commerce)
Tel +264 61 283 7328 Ms. Maria Pogisho
humavindu@mti.gov.na Director (Trade and Commerce)
Tel +264 61 283 7239
1. DEPARTMENT OF NAMIBIA INVESTMENT CENTRE Email: pogisho@mti.gov.na
Namibia Investment Centre (NIC) is the country’s official investment
promotion agency and first port of call for investors. Created under
the Foreign Investment Act of 1990, the 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 Contact Details
domestic and foreign investment to stimulate economic growth and
Ms Patricia Liswaniso
expedite industrial transformation in Namibia in line with national Director (International Trade)
development objectives. In addition, the centre is responsible of Tel +264 61 283 7297
creating policies and strategies conducive to investment. Email: pliswaniso@mti.gov.na

NIC offers a variety of services to existing and potential investors,


including the provision of information on incentives, investment 4. DIRECTORATE OF GENERAL SERVICES
opportunities and the country’s regulatory regime. It is closely linked This directorate is responsible for the rendering of supportive services
to key ministries and stakeholders, and can therefore help minimise to the Ministry’s directorates and departments. Its objective is to
bureaucratic obstacles to pre and post business establishment. provide efficient management and utilisation of human, financial
and material resources allocated to the Ministry for the achievement
The MITSMED has overseas commercial offices and investment Ministerial goals.
promotion representatives in strategic located countries, such as Brazil
(Brasilia), China (Beijing), United Arab Emirates (Dubai), the United It’s also the directorate responsible for the procurement of goods and
Kingdom (London), Germany (Berlin), India (New Delhi), South Africa services required for the effective operation and functioning of the
(Pretoria), Angola (Luanda), Ethiopia (Addis Ababa), Belgium (Brussels), Ministry and the proper disposal thereof.
Switzerland (Geneva), France (Paris) and United States of America
(Washington).
Contact Details

Ms. Hermine Himarua


Contact Details Acting Director (General Services)
Tel: +264 61 283 7204
Ms. Mbolioshili (Dolly) Amoomo Email: handima@mti.gov.na
Director (Namibia Investment Centre)
Tel: +264 61 283 7254
amoomo@mti.gov.na

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


COMMERCIAL COUNSELLORS
C O N TA C T D E TA I L S
Republic of Namibia

Mr. Petrus Haufiku Fax: +27 12 343 8924


Commercial Counsellor Email: comcounsellor@namibia.org.za
Embassy of the Republic of Namibia www.namibia.org.za
Bole road W.17, Kebel 19
House No. 002, Addis Ababa Dr. Mekondjo Kaapanda-Girnus
Ethiopia Commercial Counsellor
Tel.: +2511-1-6611966/12120 High Commission of the Republic of Namibia
Fax: +2511-1-6612677 6 Chandos Street
Email: nam.emb@ethionet.et / addis@mirco.gov.na London, W1G 9LU
United Kingdom
Mrs. Bonaventura Hinda Tel: +44-207-636-6244
Commercial Counsellor Fax: +44-207-637-5694
Embassy of the Republic of Namibia Email:info@namibia.org.uk
42, rue Boileau 75016, Paris Email: london@mirco.gov.na
France www.namibiahc.org.uk
Tel: + 33 1 44 17 32 76/65
Fax: + 33 1 44 17 32 73 Mr. Oscar Sikanda
Email: bhinda@embassyofnamibia.fr Commercial Counsellor
www.embassyofnamibia.fr High Commission of the Republic of Namibia
B-9/6 Vasant Vihar, New Delhi
Mr. Lennox Mwiya India
Commercial Counsellor Tel: +91 11 26140389/40890/4772
Permanent Mission of Namibia to the United Nations in Geneva Fax: +91 11 26146120/261 55482
Chemin Louis-Dunant 15, CH-1202 E-mail: nam@nhcdelhi.com / newdelhi@mirco.gov.na
Switzerland www.nhcdelhi.com
Tel.: +41 22 786 62 82
Fax: +41 22 786 62 83 Ms. Julia Mungunda
Email: geneva@mirco.gov.na Commercial Counsellor
Embassy of the Republic of Namibia
Ms. Diana Tjiposa Rua da Liberdade No. 20
Commercial Counsellor Vila Alice, Luanda
Embassy of the Republic of Namibia Angola
Avenue de Tervuren 454 Tel.: +244-222 321 241 / 321 952 / 136
BE 1150 Brussels Fax: +244 - 222 322 008 / 323 848
Belgium Email: luanda@mirco.gov.na / mission.angola@namembangola.com
Tel.: +32-2-771 1410 Fax: +32-2-771 9689
E-mail: trade@namibiaembassy.be / brussels@mirco.gov.na Mr. Simeon Shilongo
Commercial Counsellor
Mr. Freddie U. !Gaoseb Embassy of the Republic of Namibia
Commercial Counsellor SHIS Q1 09
Embassy of the Republic of Namibia Conjunto 08, Casa 11
2-9-2 Ta Yuan Lago Sul, Brasilia DF
Diplomatic Office Building CEP: 71625-080
Beijing 100600 Brazil
Tel.: +8610653-22211; 1 65324810 Tel: +55 61 3248 6274/7621
Fax: +8610- 653-24549 Fax: +55 61 3248 7135
E-mail: namemb@eastnet.com.cn Email: info@embassyofnamibia.org.br / brasilia@mirco.gov.na
Email: beijing@mirco.gov.na
Mr. Kleopas S. Sirongo
Ms. Petrina Nakale Commercial Counsellor
Commercial Counsellor United Arab Emirates
Embassy of the Republic of Namibia Dubai
1605 New Hampshire Ave., Office of the Commercial Counsellor
NW, Washington, DC 20009 Email: sirongo@bluewin.ch
United States of America
Tel.: +1-202-986-2007 Ms. Lucia Radovanovic
Fax: +1-202-986-2042 Commercial Counsellor
E-mail: info@namibianembassyusa.org / washington@mirco.gov.na Embassy of the Republic of Namibia
www.namibianembassyusa.org Reichsstraße 17
14052 Berlin
Mr. Henock Ramakhutla GERMANY
Commercial Counsellor Tel +49 30 26 39 0012
High Commission of the Republic of Namibia Fax +49 30 25 40 9555
186 Blackwood Street, Arcadia Email: commerce@namibia-botschaft.de
P.O. Box 29806, Sunnyside, 0132, Pretoria www.invest-namibia.de
South Africa
Phone: +27 12 343 3060

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 57


Democratic Republic of Congo
66 million customers
Tanzania
43.7 million
customers

Angola
18.5 million customers

Zambia Mozambique
12.9 million 22.9 million
customers customers
Malawi
15.2 million
customers

Zimbabwe
THE SADC MALL 12.5 million
customers

Botswana
1.95 million
customers

Namibia
2.1 million
customers

South Africa
49.3 million
customers

Africa’s biggest shopping mall. Welcome to the Southern

African Development Community (SADC), one of the largest emerging markets in the world, with

over 330 million consumers and a GDP in excess of US$500 000 billion. Through strategic

partnerships, we can give you the logistical solutions to gain access into this lucrative market via the

Port of Walvis Bay, the obvious hub for trade between Southern Africa and the rest of the world.

Contact us today to discover how easy it is to gain trade access to Africa’s most lucrative and

rapidly expanding market - the SADC shopping mall.

WBCG Head Office WBCG South Africa WBCG Zambia WBCG DRC 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

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


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:
71 Robert Mugabe
PO Box 2882
Windhoek
Tel: +264 61 283 5111
Fax: +264 61 283 5231
Find us on: Website: www.bon.com.na info@bon.com.na

INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019 59


Start your production process
with our manufacturing finance.

We are specialists in manufacturing


Product Purpose
finance.
1 Contract (Tender) To meet short-term cash flow needs of a
For over a decade, we have structured Based Finance business, where there is an underlying
contract or off-take agreement to carry
start-up and expansion finance for large
out a certain activity
enterprises, small SME manufacturers
2 Asset-Backed Finance To acquire movable assets and
and some of Namibia’s leading
(ISA) equipment for a business
household names.
3 Bridging Finance To satisfy short-term cash-flow needs of
We also provide finance for Namibian- a business to carry out a certain activity
domiciled joint ventures with Namibian 4 Business Finance To satisfy medium to long-term
and international partners. enterprise financial needs

5 Invoice Discounting To provide capital for a borrower


Manufacturers trust us to provide the (business) against due and payable
right range of financing products, suited invoices
to their individual needs. 6 Business Acquisition For a buy-in (acquisition of interest
Finance by external managers) or buy-out
If you have a plan to start a manufacturing (acquisition of interest by existing
operation or for manufacturing growth, internal managers)
we’re ready to put our products to work, 7 Commercial Property For acquisition or construction of
so that your products can succeed. Finance immovable commercial property
or making improvements to fixed
Call us to find out more. commercial property
+264 61 290 8000. 8 Franchise Finance For acquisition of manufacturing
franchise rights and operationalisation
We’re waiting to hear from you. of the business

Expect more.
www.dbn.com.na/manufacturing
60 INVEST NAMIBIA JOURNAL VOLUME 2 | ISSUE 2 | JUNE 2019

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