This page provides information on Namibia's key industrial sectors.

Contributes 8% to the country’s GDP. Responsible for 6% of country’s merchandised exports. Employ’s about 25% of the country’s labour force. Main products:cattle and sheep (livestock), maize wheat and millet Major markets for merchandise exports: European Market, South Africa

Useful addresses:

• Namibia Agricultural Union
  Private Bag 13255 Windhoek
  Tel: 237838; Fax: 220193

• AgriBank of Namibia
  Private Bag 13208, Windhoek
  Tel: 238540; Fax: 222665

• Agra
  Private Bag 12011, Windhoek
  Tel: 2909111; Fax: 2909277

• Namibia Agronomic Board
  PO Box 5096, Windhoek
  Tel: 224741; Fax: 225371

• Namibian Meat Board
  PO Box 38, Windhoek
  Tel: 233180/1; Fax: 228310

• Namibian Karakul Board
  Private Bag 13300, Windhoek
  Tel: 237750; Fax: 236322

• Ministry of Agriculture, Water and Rural Development
  Private Bag 13184, Windhoek
  Tel: 2029111; Fax: 221733

Contributes 14% to the country’s GDP. Responsible for 58% of country’s merchandised exports. Employ’s about 4.3% of the country’s labour force. Main mineral products:diamonds, uranium, copper, lead, zinc, silver and gold.

Useful addresses:

• Chamber of Mines of Namibia
  PO Box 2895
  Tel: 237925; Fax: 222638

• Namibia National Small Miners Association
  PO Box 7289
  Tel: 231088; Fax: 231188

• Ministry of Mines and Energy
  Private Bag 13297
  Tel: 226571; Fax: 238643

Contributes 7% to the country’s GDP. Tourist are mostly from South Africa (37%), Angola (32%), Europe (20%, mainly from Germany) and remainder of SADC Countries and North America.

Useful addresses:

• Federation of Namibian Tourism Associations
  PO Box 2058, Windhoek
  Tel: 217454; Fax: 217454

• Hotel Association of Namibia
  PO Box 2862, Windhoek
  Tel: 233145; Fax: 234512

• Association of Namibia Travel Agents
  PO Box 31075, Windhoek
  Tel: 226102; Fax: 226103

• Namibia Community-based Tourism Association
  PO Box 86099, Windhoek
  Tel: 250558; Fax: 222647

• Ministry of Environment and Tourism
  Private Bag 13306, Windhoek
  Tel: 2842111; Fax: 2842364

Contributes 7 % to the country’s GDP. Responsible for 25% of country’s merchandised exports. Employ’s about 0.4 % of the country’s labour force. Main species exploited: pilchard, hake, horse mackerel, rock lobster, monk fish, sole, snoek, tuna, orange roughy and alphonsino. Major markets for merchandise exports: European Market, South Africa, Zimbabwe.

Useful addresses:

• Walvis Bay Council of NCCI
  PO Box 294, Walvis Bay
  Tel: 205578; Fax: 205580

• Ministry of Fisheries and Marine Resources
  Private Bag 13355, Windhoek
  Tel: 2053911; Fax: 224566

Contributes 14% to the country’s GDP.

Incentives for manufacturing enterprises:

• 50% tax abatement for five years, phased out over a further ten years on a straight-line basis.

• Accelerated depreciation on factory buildings, which can be written off over ten years.

• Export promotion costs deductible at 125% to 175%.

• Training costs deductible at 125%.

• Direct production wages deductible at 125%.

• Industrial studies available at 50% of cost.

• Cash grants of 50% of approved export promotion expenses.

• New investment or relocation package

Incentives for Exporters of Manufactured Goods:

• Grants an 80% allowance on taxable income derived from the export of manufactured goods (except for fish and meat products)

Useful addresses:

• Namibia Investment Centre Offshore Development Company
  Private Bag 13340, Windhoek
  Tel: 2837335; Fax: 220278

• Ministry of Trade and Industry Investment Centre
  Private Bag 13340, Windhoek
  Tel: 2837111; Fax: 220227

• Ministry of Finance
  Private Bag 13295, Windhoek
  Tel: 2099111; 236454

Inflation rate is about 6%. Namibia’s membership of the Common Monetary Area sets the framework for foreign exchange controls in Namibia. No restrictions on inward investment and profits may be fully repatriated.

Interests rates are coming down, influenced by price developments in South Africa. Regulatory framework for this sector is prescribeb by the Bank of Namibia Act and the Banking Institutions Act.

Useful addresses:

• Bank Windhoek
  PO Box 15, Windhoek
  Tel: 2991122; Fax: 2991285

• Bank of Namibia (Central Bank)
  PO Box 2882, Windhoek
  Tel: 226401; Fax: 227649

• First National Bank
  PO Box 195, Windhoek
  Tel: 229616; Fax: 225607

• Standard Bank
  PO Box 3327, Windhoek
  Tel: 2949111; Fax: 2942369

• Commercial Bank of Namibia
  PO Box 1, Windhoek
  Tel: 2959111; Fax: 224417

• SWABOU
  PO Box 2150, Windhoek
  Tel: 225911; Fax: 224189

• Namib Building Society
  PO Box 23072, Windhoek
  Tel: 229761; Fax: 229761

• City Savings and Investment Bank
  PO Box 63, Windhoek
  Tel: 221262; Fax: 221555

• Clearing Bankers Association
  PO Box 21604, Windhoek
  Tel: 2942400; Fax: 2942409

• Namibian Stock Exchange (NSE)
  PO Box 2401, Windhoek
  Tel: 227647; Fax: 248531

Copyright © 1998-2001 Namibia Chamber of Commerce and Industry. All Rights Reserved.
Site Version 1.04 - Last updated November 6, 2001.