Regulations have also been amended to simplify FDI linked conditionalities, increase sectoral caps and include certain sectors under automatic route. This liberalization had a positive impact on sectors viz., manufacturing, insurance, railway construction, defence, plantation, real estate business, e-commerce in single brand retail, etc.
Today is a special and momentous Day in the history of our beloved country. Today, we are not only celebrating 22 years of our Independence, we are not only celebrating 22 years of peace and stability, but we also witnessed the launch of the new generation of Namibia’s banknotes by his Excellency, the President of the Republic. Your Excellency, Directors of Ceremonies!