Investor Rights and Regulations Overview
Change in ownership and control of
investments
Investor or investment in the natural resource sector or in any other sector which is
above the threshold may not change ownership or control of the investment, or
transfer any license, permit, authorisation or concession owned by the investor or
investment to a foreign investor through any form or merger, acquisition, direct sale
or transfer without the approval of the Minister
Any such changes must be applied for to the Minister, subject to the requirements
of the Competition Act, in the prescribed form, 60 days before the date of the
intended change
KPMG
© 2016 KPMG Namibia, a Namibian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a
Swiss entity. All rights reserved.
Document Classification: KPMG Confidential
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