Lucia Iipumbu – Windhoek Observer

14 Aug

Industrialisation Ministry committed tofinalising new Investment Act: Iipumbu

ObserverNational NewsIndustrialisation Ministry committed tofinalising new Investment Act: Iipumbu, Lucia Iipumbu, Trade (MIT)

Staff Writer MINISTER of Industrialisation and Trade (MIT), Lucia Iipumbu says the Ministry is aware of the need to expedite the process of finalising the new Investment Act, which is intended to shore up and revitalise the country’s investment regulatory and policy regime by embracing a modern and transparent legal framework that accommodates new economic dynamics. The new Investment Act is also expected to accommodate new developments to ensure that Namibia leverages on dimensions that cover new economic and investment priority areas. Iipumbu said this at a recent Investment Promotion stakeholder meeting which she said was crucial for critical engage…

Namibia to reduce duration of business registrations

ObserverNational NewsBusiness and Intellectual Property Authority(BIPA)., Lucia Iipumbu, Namibia to reduce duration of business registrations

Martin Endjala The Minister of Industrialization and Trade, Lucia Iipumbu today said that due to outdated laws, business processes and procedures have been hampered, while also stating that they do not speak to the current environment and have been a hindrance towards the ease of doing business in Namibia. According to the minister, Namibia performed poorly in terms of ease of doing business rankings. This, she said is due to a number of challenges, of which one is the number of days it takes to start a business. Iipumbu made comparisons with South Africa, Botswana and Rwanda. She says while…

Namibia eyes to penetrate US market

ObserverNational NewsAgriculture, Education, Emerging Technologies, Infrastructure Development, Lucia Iipumbu, Mining and Oil and Gas upstream exploration, Namibia eyes to penetrate US market, Renewable Energy

Obrein Simasiku Namibia is working towards penetrating the United States (US) market by improving and expanding its export trade with America. Last year Namibia exported goods worth US$72,839 million, mainly diamonds, building stones, beef and flours among others. In the same vein, Namibia imported goods valued at US$168,966 million consisting mainly of meat and edible offal of fowls, pneumatic tyres and rubbers, and chemical products among others. This was revealed by the Minister of Industrialisation and Trade (MIT) Lucia Iipumbu, at the opening of a multi-sectoral business seminar attended hosted in conjunction with the Namibia Embassy in Washington DC. The…