Namibia, A Gem Worth Investing In
Pictured (l-r) Rob Doe of the Walvis Bay Corridor Group, Elsie Auino, Consul General, High Commissioner Marten Kapewasha,Tarah Shaanika, Namibian Chamber of Commerce and Industry and Wendie White, Namibian Tourism Agency
Sand, sea, desert and diamonds are the images generally associated with Namibia. The Namibian Business Seminar – Strengthening Existing Trade, Investment and Tourism Relations with International Stakeholders in South Africa depicted Namibia as much, much more.
High Commissioner (HC) Marten Kapewasha of Namibia described the historical and inextricable bond between Namibia and South Africa. Namibia was once a colony of the repressive apartheid South African regime. It was called South West Africa (SWA) and the collaboration of the liberation movements of these countries led to a unique and deep relation between these neighbouring nations.
This, he explains, is the reason for the entwined economic arrangement between the two countries, saying that in Namibia ‘we consume what we don’t produce and produce what we don’t consume.’
Tourism is not only a key contributor to the GDP but is regarded as the first point of contact for potential investors. Namibia was presented as an intriguing destination for leisure, sport and adventure by Wendie White of the Namibian Tourism Agency.
Mr. Tarah Shaanika, CEO of the Namibian Chamber of Commerce and Industry (NCCI) presented the private sector perspective and the role of the Chamber.
Rob Doe of the Walvis Bay Corridor Group spoke about infrastructure, logistics and the importance and impact of regional integration.
Presenting on the trade opportunities and setting up business in Namibia Mrs. Bonaventura Hinda, Commercial Counsellor at the High Commission outlined the various opportunities in the agriculture, mining, manufacturing sectors and the need for localisation and beneficiation.