Investor Rights and Regulations Overview
Powers and functions of the Minister
The Minister must receive and consider the investment proposal together with the
recommendation of the Namibia Investment Centre and may approve or disapprove the
investment proposal and must in writing give reasons for his or her decision
Minister may approve the investment proposal after having considered and satisfied
himself or herself that:
(a) The investment has a net benefit for Namibia, taking into account the contribution to
The national development, economic growth, public policy and national security objectives
of Namibia
The advancement of persons who have been socially, economically or educationally
disadvantaged by past discriminatory laws and practices
The implementation of programmes and policies aimed at redressing social and economic
imbalances in Namibia, including gender-based imbalances
Increasing employment creation in Namibia
The advancement of the development of a geographical area of a low social and
economic development
The transfer of technological and managerial skills, knowledge and innovation
❖ The value addition to the natural resources and manufacturing sector of Namibia
KPMG
The extent that the investment will procure goods and services from the SME sector and
Namibian suppliers in general
The impact on the environment and contribution to environmental benefits
© 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.
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