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Namibia’s positioning
as a prime target for foreign investment stems from the following factors…
- Namibia’s generous allowance on
the acquisition of capital assets amounting to 33,3%
of the asset in the year of acquisition
- Namibia’s excellent exporter’s
allowance on the export of any manufactured item
- Namibia’s trade
arrangements which include…
- the Southern African Customs Union
(SACU)
- the Southern African Development
Community (SADC)
- the Africa Growth and Opportunity
Act (AGOA)
- the COTONOU Agreement
- Namibia’s trading
partners which include …
- the European Union, Japan,
Switzerland and Zimbabwe
- SACU and SADC member states
- Namibia’s listing on many countries’
General Systems of Preferences (GSP)
which means Namibian products receive preferential support
- Namibia’s reciprocal
investment promotion and protection treaties (RIPPT)
which serve to consolidate business ties and promote investor confidence
with a number of countries
- Namibia’s membership
of the…
- the African Union (AU)
- the Non-Aligned Movement (NAM)
- The World Trade Organisation (WTO)
- International Monetary Fund (IMF)
- Namibia’s Double
Taxation Agreements with the UK, USA. Germany amongst
others
- Namibia’s fiscal
policy which includes …
- The Foreign Investment Act
- Incentives for manufacturers and
exporters
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