WHO WE ARE

Code of Business Ethics & Good Practices

PREAMBLE

The Namibian Manufacturers Association (NMA) embraces the goal of creating more opportunities for interested Namibians to benefit from the manufacturing and processing industry through the widening of the existing base, in line with its vision of “facilitating a sustainable, competitive and prosperous manufacturing/processing industry for the benefit of all stakeholders”.

For the NMA to fulfil its role as an effective members’ representative body, the maintenance of the highest standards and code of conduct of its members is of extreme importance. The general principles contained in this Code of Business Ethics and Good Practises set out the standards and ethical behaviours NMA members are expected to adhere to as guiding principles in all their business dealings.

1. Standard of Conduct

The maintenance of the highest standards, professionalism and the best ethical practices are at all times encouraged and promoted. NMA members are expected to conduct all their business activities with honesty, integrity, transparency, openness and in an ethical manner. Members are expected to at all times respect human rights, the interests of all stakeholders, including employees, and conduct business in an environmentally friendly manner. NMA members are expected to adhere to the principles of sound and fair competition, a practice which is fundamental to a healthy and sustainable manufacturing and processing industry. NMA members shall not do or allow anything to be done that may bring the image of the NMA into disrepute.

2. Obeying the Law

Members of the NMA shall at all times use their best endeavours to comply with the laws and regulations of the Republic of Namibia as well as those of other countries in which they may from time to time operate or export products to.

3. Skills Development

The NMA is committed to promote local skills development among members’ employees, including the facilitation of SME partnerships and other new companies entering the industry.

NMA members shall as far as possible provide on-the-job training to their employees in various aspects of the manufacturing and processing industry, health and safety, environmental protection and improved productivity.

4. Strategic Representation and Employment Equity

The NMA is totally committed to the spirit and principles of commercially non-discriminative and sensible Black Economic Empowerment and believes it to be an essential step towards redressing past inequities, transformation and growth in the manufacturing and processing industry.

5. Ownership and Joint Venture Partnerships

The NMA is committed to promote ownership and/or build partnerships with SMEs and previously disadvantaged Namibians. The NMA also supports foreign investments that aim at building the Namibian manufacturing industry.

6. Enterprise Development

The NMA is committed to support SMEs, including previously disadvantaged Namibians, in the identification and development of viable enterprises in the manufacturing and processing industry.

7. Preferential Procurement

The NMA is committed to promote sound corporate governance in business dealings and to use its best endeavours to influence and ensure that all public and private procurement activities in Namibia are at all times subjected to a fair, equitable and transparent selection process.

The NMA is committed to fight unfair procurement practices, abuse or the unscrupulous use of economic power, and to avoid collusion and monopolisation. The NMA strongly believes that the empowerment of previously disadvantaged fellow-Namibians should never be allowed to become an excuse for an unjust or corrupt procurement practice. The NMA is also committed to promote without fear or shame the continuous increase of the use of locally manufactured products and services.

8. Social Responsibility

The NMA acknowledges that its members are all integral parts of the Namibian political, social and economic community and therefore endorses all government initiatives that promote the accumulation of human, intellectual and economic capital at all levels of our society and communities as key to the success of a prosperous manufacturing and processing industry.

Therefore the NMA is committed to support and/or implement projects that will improve the social conditions of employees and local communities across Namibia.

9. Environmental Responsibility

The NMA and its members are committed to the responsibility of monitoring their environmental impact of manufacturing and processing operations. NMA members are therefore expected to optimise the use of best practice and available resources in production, manufacturing, processing and other operations with the minimum negative effect on the environment.

10. Corruption

The NMA and its members are in full support of the Anti-corruption Act of 2003 and endorse the provisions of this act as the basis of its code of behaviour in its contribution towards a crime- and corrupt-free manufacturing and processing sector. Therefore NMA members are constantly expected to exercise good principles of corporate governance with zero tolerance for corruption.

11. Business Integrity

NMA members may not participate in or condone extortion, bribery, money laundering or other corrupt practices. This industry, in particular, will not condone the offering or receiving of bribes or other such facilitating payments to any person or entity for the purpose of obtaining or retaining business or influencing political decisions.

In accounting records and supporting documents of the manufacturing and processing industry, companies will accurately describe and reflect the nature of their underlying transactions. No undisclosed or unrecorded account, fund or asset of any NMA member will be allowed to be established or maintained.

12. Value Addition

The NMA and its members believe that value addition to primary products is to the benefit of the economy in general. The NMA will strive to pursue value-addition initiatives throughout the value chain to assist Government in achieving its Vision 2030, job creation, wealth distribution and improvement and uplifting of the socio-economic status of the country.