Background
South
Africa occupied the German colony of South-West Africa during World War
I and administered it as a mandate until after World War II when it
annexed the territory. In 1966 the Marxist South-West Africa People's
Organization (SWAPO) guerrilla group launched a war of independence for
the area that was soon named Namibia, but it was not until 1988 that
South Africa agreed to end its administration in accordance with a UN
peace plan for the entire region. Independence came in 1990.
The
economy is heavily dependent on the extraction and processing of
minerals for export. Mining accounts for 20% of GDP. Namibia is the
fourth-largest exporter of non-fuel minerals in Africa and the world's
fifth-largest producer of uranium. Rich alluvial diamond deposits make
Namibia a primary source for gem-quality diamonds. Namibia also
produces large quantities of lead, zinc, tin, silver, and tungsten.
About half of the population depends on agriculture (largely
subsistence agriculture) for its livelihood. Namibia must import some
of its food. Although per capita GDP is five times the per capita GDP
of Africa's poorest countries, the majority of Namibia's people live in
pronounced poverty because of large-scale unemployment, the great
inequality of income distribution, and the large amount of wealth going
to foreigners. The Namibian economy has close links to South Africa.
Agreement has been reached on the privatization of several more
enterprises in coming years, which should stimulate long-run foreign
investment.
Holidays Jan 1 - New Year's Day
Mar 21 - Independence Day
Mar 25-28* - Easter
May 1 - Workers' Day
May 4 - Cassinga Day
May 5* - Ascension
May 25 - Africa Day (Anniversary of the OAU's Foundation)
Aug 26 - Heroes' Day
Dec 10 - International Human Rights Day
Dec 25 - Christmas Day
Dec 26 - Family Day
Ps: The Festivals' date(*) are subject to change in every new year.
Phone Codes
Country Code: 264
Outgoing International Code: 00
Resources
Market Research
CIA - The World Factbook - Republic of Namibia
This
website indicates a wide range of detail information about Namibia by
introducing under 8 different fields as its geography, people,
government, economy, communications, transportation, military,
transnational issues.
About Namibia
There
is available to find out Namibia's general outlook on the issues of its
social and business profile, passport/visa, money, accommodation,
government, duty free, health and so forth.
Lex Africa: Business Guide: Namibia
The
African Law Firm Network examines Namibia in order to get comprehensive
business outlook for the potential investors seeking business
opportunities in Namibia.
Namibia Business
Mbendi
serves as business oriented directory providing an ultimate African
Business Source for the potential investors seeking new business
opportunities in Namibia including the list of industries for Namibia.
Namibia: Business and Country Information
NamibWeb.com
represents Namibia in terms of political, economic and legal issues
that aims to assist investors by informing about economic and
investment climate in Namibia.
Doing Business in Namibia
World
Bank represents a snapshot of the business climate in Namibia by
identifying specific regulations and policies that encourage or
discourage investment, productivity, and growth related to Namibia.
Business in Namibia
This
website provides an extensive information gateway for Namibia in terms
of doing business with Namibia, legal guides to establishing business
in Namibia and so forth.
African Studies: Namibia
There is a wide range of research about Namibian business & economic profile.
Business Directory - Namibia
Wow-directory
offers business resources and services by creating cross-referenced
categories in business opportunities for Namibia as business to
business, classifieds, cooperatives, directories, organizations &
trade.
Namibia News
There is available to look at Namibian business, economic and political news.
U.S. Department of State - Bureau of Consular Affairs - For Republic of Namibia
U.S.
Bureau of Consular Affairs creates a wide range of research named as
Consular Information Sheet about Namibia in terms of analyzing its
social, political, cultural & economic environments.
U.S. Department of State: Country Commercial Guide: Namibia
The
country commercial reports are prepared annually by U.S. Embassies with
the assistance of several U.S. Government agencies that basically
offers a comprehensive outlook at Namibian commercial environments,
using economic, political, and market analysis.
Trade Information
Namibian Chamber of Commerce & Industry(NCCI)
It
is the official website of NCCI which dedicates to promote prosperity
for all Namibians not only by ensuring balanced private sector growth,
enterprise development and global competitiveness both also offering
business networking service for both foreign & local investors.
Embassy Listings For Namibia
There are listed the embassies of the republic of Namibia including the embassies' contact information.
Namibia Government Online
It
displays the structure of Namibian government by looking at its
political units, branches, ministries and so forth in details.
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