Investor Rights and Regulations Overview
Powers and functions of the Minister (cont)
(b) A substantial number of the following requirements are fulfilled or likely to be
fulfilled in a specified period
✰ Joint venture with Namibians
✰ Employment creation for Namibians.
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
Transfer of technology and technological skills
Development of managerial skills
✰ Promotion of research, development and innovation
Value addition to the natural resources and manufacturing sector and procurement
of goods and services
✰ Environmental impact and contribution to environmental benefits
✰ Other matters relating to the improvement of the economy and development
benefits in the public interest as the Minister may prescribe
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