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Namibia trade and industry. Namibia had a total export of 5,828,218.

  • Namibia trade and industry. 91% compared to a world growth of Namibia Chamber of Commerce and Industry (NCCI), The Namibia Chamber of Commerce and Industry is the industrial and Chamber of Commerce in Namibia. 123 Robert Mugabe Avenue; Private Bag 13299 Windhoek, Namibia +264-61-285 8000 Dec 7, 2021 · Namibian agriculture can be regarded as the backbone for society, providing food, jobs, and profits for business at local, national, and international level. Closed on Weekends. alues, th. Oct 29, 2024 · MINISTRY OF INDUSTRIALISATION AND TRADE. This portal includes guidance on submitting an investment proposal, incorporating one’s business Customs Procedure: Traveller`s Guide Information Customs and Excise is a Department within the Namibia Revenue Agency (NamRA), responsible to facilitate and control the movement of goods involved in international trade. 74%. industry, and ensuring fair trade and compliance with trade laws and agreements. 0. Feb 29, 2024 · The International Trade Administration, U. The key functions of the Directorate are: Formulation and implementation of Namibia’s external trade policy that: Feb 29, 2024 · The International Trade Administration, U. Namibia also is a member of the International Monetary Fund and the World Bank. 55 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Namibia is 3. Its beef sector, for instance, was used as a driving industry during the colonial era, and since the 1970s, cattle farming resulted in productivity gains. 65% and the Most Favored Nation (MFN) Weighted Average tariff is 7. For December 2023 data, the exchange rate from December 30, 2023 is used. Trade Policy. "Growth at Home" is the theme chosen by the Ministry of Industrialisation, Trade to reinforce the importance of accelerating economic growth, reducing income inequality and increasing employment. About MIT; Ministry of Trade and Industry: Address: Private Bag 13340: City: Windhoek: Phone +264 61 283 7332: Fax +264 61 220 227: Our Partners Namibia Partners. The Namibia Trade Forum (NTF) is an agency of the Ministry of Industrialization and Trade. Feb 29, 2024 · In 2017, the Ministry of Industrialization and Trade (MIT) launched NamBizOne, a single-window information portal to guide domestic and foreign investors on the administrative and legal requirements to invest, start, and run a business in Namibia. External links to other Internet sites should not SACU-European Free Trade Area (Iceland, Liechtenstein, Norway and Switzerland) Trade Agreement SACU-MERCOSUR (Argentina, Brazil, Chile, Paraguay and Uruguay) Trade Agreement SACU-India Preferential Trade Agreement. About MIT; contact us; OUR SERVICE. Apr 11, 2024 · Current trade and industrial policies have made some progress to attain economic and structural transformation and contribute to inclusive growth. In light of the above the Ministry of Trade and Industry would like to invite companies/enterprises engaged in the manufacturing activities in the aforementioned sectors, to witness the Official launch of the Namibia IUMP. Apr 9, 2024 · 23/08/2024 . EPA Agreement. External links to other Internet sites should not Oct 3, 2022 · The largest business association in Namibia is the Namibia Chamber of Commerce and Industry Namibia has a many other business and professional associations as well, and a list can be found on the Namibia Trade Directory. Hon Deputy Minister: Verna Sinimbo The Ministry of Industrialisation and Trade (MIT) is mandated to develop and manage Namibia’s economic regulatory framework, promote economic growth and development through the formulation and implementation of appropriate policies with the view to attract investment, increase trade, develop and expand the country’s industrial base. In 1993, Namibia became a signatory of the General Agreement on Tariffs and Trade (GATT), and the Minister of Trade and Industry represented Namibia at the Marrakech signing of the Uruguay Round Agreement in April 1994. Given the size of domestic market, strengthening the existing and launching new relationships with trade partners and investors are of paramount importance. The key functions of the Directorate are: Formulation and implementation of Namibia’s external trade policy that: Vision. The validation workshop was attended by a wide audience, which included officials from various government ministries and departments; "Growth at Home" is the theme chosen by the Ministry of Industrialisation, Trade to reinforce the importance of accelerating economic growth, reducing income inequality and increasing employment. MINISTRY OF INDUSTRIALISATION AND TRADE. D Oct 29, 2024 · Ministry of Industrialization and Trade Tel: +264 61 2837204/7207 P/Bag 13340, Windhoek, Namibia +264-61-2837111; quick links. The Ministry of Industrialization, Trade and SME Development thereforeidentified the following a. Limitations on Selling U. INTERNATIONAL TRADE Permanent Secretary of the Ministry of Trade and Industry. 2. The Ministry of Industrialisation and Trade is responsible for . Forms for Close Corporations (CC8, CC1 and CC2) and Defensive Names (CM5, CM8, and CM8A) are available at all offices of the Ministry of Industrialisation, Trade and SME Development (MITSMED) country-wide and at the Namibia Chambers of Commerce and Industry (NCCI) and its branches at no cost. It was created at Namibian independence in 1990 as Ministry of Trade and Industry, [1] renamed Ministry of Industrialisation, Trade and SME Development in 2015, and got its current name in 2020. Ministry of Industrialisation and Trade (MIT) is responsible for promoting growth and The Ministry of Industrialisation and Trade is responsible for . 9,076 likes · 19 talking about this · 319 were here. Feb 29, 2024 · Namibia is a small market and is heavily dependent on international trade. Tjekero Twe. It is among the countries with the worst income disparities in the world (a Gini coefficient index of 59. INDUSTRY GRANT OPPORTUNITY FOR NAMIBIAN ENTERPRISES Application process 1. In June 2011, Namibia’s Aid for Trade Framework and Strategy was presented and discussed during a validation workshop held in Windhoek, Namibia. Perf. Industrialization, Trade and SME Development to achieve what it have set in its vision, mission. Tjekero Tweya Tel: +264 61 2837334 Fax: +264 61 220148 ingatjize Feb 29, 2024 · The International Trade Administration, U. org fax: 202-986-0443 1605 New Hampshire Ave. 2021/22 Strategic Plan. Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown. Eight Feb 29, 2024 · The International Trade Administration, U. Ministry of Industrialisation and Trade | 16,606 followers on LinkedIn. “Growth at Home” is the theme Feb 29, 2024 · The International Trade Administration, U. * Trade values are converted to USD using each month's exchange rate. bipa. Interested Companies/Enterprises should confirm before or on the 03 rd May 2012. business registration guide | www. 24 in thousands of US$ and total imports of 7,795,604. The first edition was released in 2008. , NW Washington, DC 20009. External links to other Internet sites should not The Home of Business and IP Registrations, Administration and Regulation in Namibia In an effort to improve service delivery and ensure the effective administration of business and intellectual property rights (IPRs), the Business and Intellectual Property Authority (BIPA) has been established as the focal point for the registration of business Merchandise Trade statistics data for Namibia (NAM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. MIT Head Office, Street; P/Bag 13340, Windhoek, Namibia +264-61-2837111; quick links. Powering Domestic and International trade. ” The mandate specifies the MINISTRY OF INDUSTRIALISATION AND TRADE. INTERNATIONAL TRADE Feb 29, 2024 · Mining, Namibia’s leading economic sector, accounts for roughly 10 percent of Namibia’s GDP every year. The Ministry of Industrialisation and Trade (MIT) introduced the Equipment Aid Scheme (EAS) in 2009/10 with the primary objective to aid the Micro, Small and Medium Enterprises (MSMEs) with production equipment to minimize the cost of business set-up and boost their production. Working Hour. S. MIT's programmes are geared at removing supply side constraints, increase productive capacity, and increase the competitiveness of Namibian industry Feb 29, 2024 · Market Overview. External links to other Internet sites should not The following section uses the most recent trade data from partners of Namibia. Namibia has a competitive advantage because of its peace and political stability, which attracts investors. Namibia has a population of 2. It is headquartered in the capital Windhoek. . June 8, 2021. Mon to Fri: 08:00 - 17:00. INTERNATIONAL TRADE Namibia Chamber of Commerce and Industry (NCCI), The Namibia Chamber of Commerce and Industry is the industrial and Chamber of Commerce in Namibia. In preparation for the programme’s start-up, the Ministry of Trade and Industry of Namibia has constituted the National Steering Committee (NSC) for the Namibia IUMP implementation. Furthermore, Foreign Direct Investment (FDI) in particular has One African Services Market. Namibia’s industrial policy is on the right track, but some important adjustments could significantly improve its effectiveness. 5 million, but following the expansion of the port at Walvis Bay, the country is positioning itself as a gateway to the more than 345 million people in the broader Southern Africa market and beyond. A leading government agent for economic structural transformation | The Ministry of Industrialisation and Trade (MIT) is responsible for promoting growth and development of the economy through the formulation and implementation of appropriate policies to attract investment, increase trade, develop and expand the country manage Namibia’s economic regulatory framework, promote economic growth and development through the formulation and implementation of appropriate policies to attract investment, increase trade, develop and expand the country’s industrial base. The Directorate of International Trade is the focal point and national coordinator of Namibia’s membership to regional and multilateral trade arrangements and economic groupings: Southern African Customs Union (SACU), Southern African Development Community (SADC), Africa, Caribbean and Pacific (ACP) countries. These efforts include making use of the current trade agreements, particularly the Free Trade Area with SADC and the EPA with the EU. Printing Revolution 2. Products and Services They were selected to take part in international events focusing on market access and export promotion, including the Annual Investment Meeting held in Abu Dhabi in May 2023, the 3rd China-Africa Economic and Trade Expo, and the Southern Africa International Trade Expo (SAITEX) as part of Africa’s Big 7 exhibition held in Johannesburg in May exports on international markets. critical factors for the implementation of the 2017/1. Feb 29, 2024 · Plans for the industry reach beyond green hydrogen production to focus on revolutionizing Namibia’s (and the region’s) energy mix and agricultural and logistics sectors. This form must be completed in ink by the applicant on his/her own hand writing and signed. 1 in 2023, second highest after South Africa, according to the World Bank). Please refer to the application for a checklist, and ask the Ministry of Industrialisation, Trade and SME Development (MITSMED) for guidance on additional 1605 New Hampshire Ave. We at PwC Namibia, in association with the Ministry of Industrialisation, Trade and SME Development, the Namibia Investment Centre and Namibia Chamber of Commerce and Industry, are excited to launch the second edition of the Business and Investment Guide for Namibia. na ‹ 7 form: cc 1 - n$ 100 republic of namibia close corporations act, 1988 (section 12, 13, 14, 24, 27, 29, 47 and 60) REPUBLIC OF NAMIBIA MINISTRY OF INDUSTRIALISATION AND TRADE INDUSTRY GRANT OPPORTUNITY FOR NAMIBIA ENTERPRISES (TO BE FILLED BY THE PROMOTER IN BLOCK LETTERS) 1. Merchandise Trade summary statistics data for Namibia (NAM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Honourable Mr. org fax: 202-986-0443 Jan 27, 2023 · In effort to promote trade and investment into the Namibia economy, the Ministry made great strides in facilitating a number of key inward and outgoing trade missions that yielded tangible results for investment opportunities enhanced by easy of doing business, infrastructure development, stable macroeconomic environment, embracing of a Namibia Trade Forum | 5,145 followers on LinkedIn. External links to other Internet sites should not Feb 29, 2024 · The International Trade Administration, U. In March 2013, the Chamber had about 2,500 members. The trade growth is 2. office of the Auditor general. Last published date: 2024-02-29. | The Namibia Trade Forum (NTF) is an agency of the Ministry of Industrialization and Trade of Namibia. About MIT; Apr 11, 2024 · Strong institutions and administrative capacity for transparency and accountability in the industry is an important tool in achieving the purpose of improving human lives. The Ministry of Industrialisation and Trade (MIT) is a government ministry of Namibia, with headquarters in Windhoek. 80 in thousands of US$ leading to a negative trade balance of -1,967,386. Ministry of Industrialisation and Trade, Windhoek, Namibia. P/Bag 13340, Windhoek, Namibia +264-61-2837111; quick links. MIT's programmes are geared at removing supply side constraints, increase productive capacity, and increase the competitiveness of Namibian industry Department of Namibia Investment Centre: Tel: +264 61 283 Fax: +264 61 223 937 Physical Location: Ministry Of Trade and SME Development, SME Park Tel: +26465251087. ectives. Please complete the application by following the application guide. Hage Geingob Job Title: Minister Postal: P/Bag 13340, Tel: 61 2837334 Fax: 61 220148 Honourable Mr. The Namibia IUMP was validated on 2 December 2010 by the country’s key stakeholders. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U. All supporting documents must be provided. Quick Links. As Namibia continues to diversify its exports and strengthen its trade relationships, the fruits and nuts industry has the potential to play an even bigger role in the country’s economy. About MIT; Merchandise Trade statistics data for Namibia (NAM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. If recent assessments are proven commercially viable, Namibia could Directorate of International Trade. NamDeb, a 50:50 joint venture between the Namibian government and De Beers, is the primary land-based diamond mining company. Jan 18, 2012 · Office Of The Minster Bag 13340 , Windhoek Minister Hon. External links to other Internet sites should not Namibia had a total export of 5,828,218. Phone: 202-986-0540 email: info@namibiaembassyusa. Historically, diamond mining has been the leading sub-sector of Namibia’s mining industry. INTERNATIONAL TRADE Learn more about Ministry of Industrialization, Trade and SME Development (Namibia)'s jobs, projects, latest news, contact information and geographical presence. Our mandate is to institutionalize Public-Private Dialogue on International and Domestic trade, industry & investment policy in Namibia. Namibia views its competitive advantage as “producing synthetic fuels,” such as ammonia, methanol, synfuel, and eventually green steel. Jan 21, 2023 · The government also needs to address the challenges faced by workers in the industry, such as late payment of salaries and substandard living conditions. To be the leading Ministry in the drive towards industrialisation, the realisation of an export-driven economy and making Namibia a preferred FDI destination in order to achieve increased and sustainable economic benefits and employment for Namibians and international competitiveness. hbqq grioz jrfshs ppga sacec tcsbf tuqd vpsd tvga enbc