On Monday, 31 March, on the occasion of the visit of the Royal Navy Ship HMS Portland to Walvis Bay, the British High Commission launched the newly revised Doing Business in Namibia Guide, an updated version of the original 2012 edition. The Doing Business in Namibia Guide, published by the British High Commission, was written by economist Robin Sherbourne. The 2012 edition has proven to be an extremely popular commercial and reference aid for British businesses in Namibia and has been an excellent tool to further the British and Namibian governments’ common objectives on trade and Investment.
The guide encourages UK companies to identify investment opportunities in Namibia and serves as a tool for Namibian companies who seek expertise from leading UK companies in their respective fields.
The UK shares the Namibian government’s goal of wanting to boost our trade and investment links. With a strong history as a trading and investing nation, the UK continues to be one of the world’s most attractive places to do business and in line with our shared objective to boost healthy bilateral trade links, the guide is part of the Foreign and Commonwealth Office’s local efforts to provide commercial tools for British businesses in Namibia.
The British High Commission in Namibia remains committed to assisting UK companies to increase trade and investment links with Namibia. At the launch of the 2nd version of the guide, H.E. the British High Commissioner, Mrs. Marianne Young, said: “I hope you will find this guide a useful tool to help deliver UK trade and investment targets. It contains a helpful digest of key country background information to explain the investment climate in Namibia as well as practical information to help open the eyes of British companies to the opportunities and challenges of doing business here.”
Namibia enjoys a positive balance of trade with the UK. UK-Namibia bilateral trade in Goods stood at N$2 billion (£133 million) in 2013, with imports of Namibian goods to the UK valued at N$1 billion (£77 million) and exports at N$983 million (£55 million). Namibia clearly enjoys a positive balance of trade with the UK – with Namibia largely exporting minerals, beef, grapes, beer, and charcoal to the UK and importing mainly machinery and vehicles from the UK