Small Hard Trick - CUTS International
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Capacity Building on
Competition Policy in Select
Countries of Eastern and
Southern Africa (7Up3
Project)
Namibia: Preliminary country paper
Outline
Introduction to the Namibia (location, indicators)
National policies
Nature of NAM markets
Competition law
Competition & econ regulation
Regional integration
Consumer protection
Concluding remarks
Indicator
Value
Current GDP level (2003)
US$4,964 million
Average GDP growth (1990 – 2003)
3.1%
Per capita income
US$1,960
Gini coefficient (1994 census)
0.70
Unemployment rate (2000 census)
33.8%
Population (2004 estimate)
1.97 million
Population growth rate (1991 – 2001)
2.6%
Literacy rate (2002)
83.3%
Life expectancy (2002)
41.5 years
Policies affecting
competition
1. Development policy
• TDP (91/2 – 93/4)
• NDP1 (95/6 – 99/0)
• NDP2 (01/2 – 05/6)
• Vision 2030
Development objectives:
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reduce poverty*
create employment*
promote economic empowerment
stimulate and sustain economic growth*
reduce inequalities in income distribution*
reduce regional development inequalities
promote gender equality and equity
enhance environmental and ecological
sustainability
combat the further spread of HIV/AIDS
2. Indus & Invest policies
Private sector to take a lead
Govt to create environ
Govt to attract Investment
Consistency in policy
Proper communication
Prevent further monopolies
Limited intervention
Value addition, exports
3. EPZ
Foreign Investment Act (Act no. 27 of 1993),
incentives
No VAT on purchase & import of machinery
Buildings written off at 20% (1st), 8% (10)
Expo promo allowance. 25%
Corporate tax abatement of 50%, 5yrs
Others
4. Trade policy
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WTO requirements
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SACU Agreement
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Diversification of exports: primary to manufactures
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Diversification of export destinations, economic
development.
Trade barriers
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Tariffs on imports (SACU)
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Namibia Agronomic Board
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The Meat Board of Namibia
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Some equivalence to export subsidies
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Exchange controls
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Import/Export Licensing
Labour policy
• access to finance
• development of markets for SME products
• provision of information on input sources and the
promotion of group purchasing schemes
• development of sites and premises
• provision of support training in the form of
mentoring and after-care services
Labour policy - goals
• Previously disadvantaged persons
• equality of opportunity for women
• maternity leave and employment security for women
• promote sound Labour relations and fair employment practices
• lay down certain obligatory minimum basic conditions of
service for all
• health, safety and welfare of people at work and to prevent the
abuse of child labour
Labour policy
• Labour Act, 1992
• The Social Security Act, 1994
• Employment policy, 1997
• Affirmative action, 1998
Nature of Namibian
markets
The Competition
law in Namibia
The competition Act, 2003
• objectives
• Application
• Independence, capacity & powers of NCC
• Restrictive Business Practices
Interface between
competition and
economic regulation
in select sectors
Market structures in Select
industries
• Electricity supply Industry
• communication and transport Industries
• Financial Services Industry
Regional integration
• WTO
• SACU
• CMA
• SADC
• COTONOU
Consumer protection
• NCL
• NAMFISA
• Other e.g. financial sector