This marks the 5th year that the Namibia Chamber of Commerce and Industry (NCCI) and the Namibia Manufacturing Association (NMA) with the support of the GIZ Deutsche Gesellschaft für Internationale Zusammenarbeit working on behalf of the German Government have conducted an annual Business Investment Climate Survey. The investment climate is an important determinant of a country’s success in raising investment levels and consequently its growth rate. However, it is a confluence of a number of factors, which determine the private sector’s decision to invest. In Namibia we enjoy a stable macro-economic environment. Both fiscal and monetary policies are consistent and predictable. We salute the Government’s efforts to manage budget deficits, reduce inflation, ensure exchange rate stability and maintain sustainable levels of domestic debt. Also characteristic of our climate is the absence of war with and in neighbouring countries and the absence of civil unrest at home.
The 2014 survey is based upon responses from 597 businesses, including those who are neither members of the NCCI nor the NMA. The survey offers a valuable snapshot of Namibian businesses’ concerns on Namibia’s regulatory and policy environment, illustrating long-term improvements in the business climate as well as areas of difficulty. As such, the survey plays an essential role in helping determine the NCCI and NMA’s advocacy priorities. We would like to thank all our members and other respondents who took the time to participate in the survey. Your input is greatly valued.