Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Economy of Namibia


Related Topics

In the News (Sun 20 Apr 14)

  
  Kids.Net.Au - Encyclopedia > Economy of Namibia
Economy - overview: The economy of Namibia is heavily dependent on the extraction and processing of minerals for export.
In 1993, Namibia became a GATT signatory, and the Minister of Trade and Industry represented Namibia at the Marrakech signing of the Uruguay Round Agreement[?] in April 1994.
Namibia also is a member of the International Monetary Fund and the World Bank, and has acceded to the European Community/Union's Lome Convention[?].
www.kids.net.au /encyclopedia-wiki/ec/Economy_of_Namibia   (1533 words)

  
  Namibia
The dry lands of Namibia, inhabited by Bantu, were not extensively explored by Europeans until the 19th century, when the land came under German control as South-West Africa, with the exception of Walvis Bay, which was under British control.
The economy is heavily dependent on the extraction and processing of minerals for export.
Namibia is the fourth-largest exporter of non-fuel minerals in Africa and the world's fifth-largest producer of uranium.
www.ebroadcast.com.au /lookup/encyclopedia/na/Namibia.html   (683 words)

  
 Economy of Namibia Information
Namibia is the fourth-largest exporter of nonfuel minerals in Africa, the world's fifth-largest producer of uranium, and the producer of large quantities of lead, zinc, tin, silver, and tungsten.
Namibia normally imports about 50% of its cereal requirements; in drought years food shortages are a major problem in rural areas.
However, Namibia's economy is heavily dependent on the earnings generated from primary commodity exports in a few vital sectors, including minerals, especially diamonds, livestock, and fish.
www.bookrags.com /Economy_of_Namibia   (1463 words)

  
 Namibia ECONOMY
Namibia's economy is dependent on a few primary commodity exports, including minerals (diamonds, uranium, copper, lead, zinc, tin, silver, tungsten), livestock (both meat and hides), and fishing.
The economy is highly integrated with that of South Africa; Namibia gained independence from South Africa in 1990.
The economy has a superior transport and communications infrastructure, an extensive natural resource base, a small population, and a stable government committed to competitiveness in attracting investment.
www.nationsencyclopedia.com /Africa/Namibia-ECONOMY.html   (300 words)

  
 Economy: Namibia Travel, Namibia Safaris & Tours
Namibia is particularly rich in alluvial diamond deposits that are mined with earth moving equipment along the southern coastal areas, under the immense sand dunes along the coast, and from the seabed with huge vacuum cleaning ships.
Namibia is particularly rich in alluvial diamond deposits that are mined with earth moving equipment along the southern coastal areas, under the immense sand dunes along the coast, and from the seabed...
Namibia is situated between the Cunene and Kavango Rivers forming part of Angola’s border in the north and the Orange River, which demarcates South Africa’s border in the south, with Botswana forming...
www.bookinafrica.com /articles/188/economy/info.aspx   (1078 words)

  
 Namibia   (Site not responding. Last check: 2007-10-26)
Namibia's bicameral parliament consists of the National Council which 26 seats occupied by two members chosen each regional council to serve six-year terms the National Assembly of 78 seats of 72 members are elected by popular vote 6 non-voting members are appointed by the All serve five-year terms.
The economy is heavily dependent on the and processing of minerals for export.
Namibia is the fourth-largest exporter of minerals in Africa and the world's fifth-largest producer of uranium.
www.freeglossary.com /Namibia   (968 words)

  
 Namibia Online Travel Guide - Destinations, photos, tours, accommodation.
Namibia - in the south-west of Africa between the Orange river in the south and the Kunene river in the north - is an arid, rough land, a different world, but still inviting, strangely familiar and easy to travel.
Namibia is a photographer's dreamland, a land of contrasts and clear colours.
Namibia is Africa, with its friendly, natural people, with endless thorn savannah, Mopane bushland, Makalani palms and Baobabs, with lions and elephants, zebras and giraffes, an animal world as rich in species as no other on earth.
www.namibia-travel.net   (409 words)

  
 Namibia Economy - The Go2Africa Namibia Travel Guide
Agriculture is another important sector of Namibia‘s economy — it contributes approximately 12% of GDP, and 70% of the Namibian population is reliant upon farming (mostly subsistence) for its livelihood.
Namibia‘s high per-capita GDP (relative to the rest of the southern African region) obscures the fact that the country‘s income distribution is extremely unequal.
Namibia‘s economy is closely linked to that of South Africa (the source of most of Namibia‘s imports) and the Namibian dollar is pegged to the South African rand.
www.go2africa.com /namibia/people/economy.asp   (421 words)

  
 Namibia Tours and General Information   (Site not responding. Last check: 2007-10-26)
Namibia, formerly South West Africa, republic in south-western Africa, bordered on the north by Angola and Zambia, on the east by Botswana and South Africa, on the south by South Africa, and on the west by the Atlantic Ocean.
The economy is still mainly controlled by the minority white population, and promised land reforms are yet to be implemented.
Namibia is the fourth-largest exporter of non-fuel minerals in Africa.
www.southern-eagle.com /namibiageneralinfo06.html   (2022 words)

  
 Namibia - Economy
Namibia's economy is closely tied to that of South Africa through a number of institutional relationship's - in particular the Southern African Custom's Union and the Common Monetary Area - as well as through extensive trade and financial flows.
The local currency value of Namibia's principal exports in the first three-quarters of 2000 was 8% higher than in the same period of 1999, but because of the fall in the value of the Namibian dollar, export earnings declined slightly from US$875m to US$861m.
Namibia normally produces some 40% of its maize requirements from commercial farms and is generally self-sufficient in millet, the main food crop grown in the north by communal farmers.
www.iss.co.za /AF/profiles/Namibia/Economy.html   (1154 words)

  
 Namibia Homepage - Middle East and Africa Monitor
BMI View: Namibia's financial system vulnerability indicators are healthy, and are underpinned by the close integration of the sector with its counterpart in South Africa.
The macro economy continues on a relatively steady growth path as reflected in healthy growth in the important 'mining and quarrying' sector in Q206.
Namibia's economic prospects are propped up by the swiftly growing national travel and tourism (TandT) industry, currently the fourth fastest expanding tourism sector in the world....
www.meamonitor.com /file/7430/namibiahomepage.html   (246 words)

  
 Namibia Economy   (Site not responding. Last check: 2007-10-26)
However, Namibia's economy is heavily dependent on the earnings generated from primary commodity exports in a few vital sectors, including minerals, livestock, and fish.
In 1993, Namibia became a General Agreement on Tariffs and Trade (GATT) signatory, and the Minister of Trade and Industry represented Namibia at the Marrakech signing of the Uruguay Round Agreement in April 1994.
Namibia has been a member of the World Trade Organization since its creation in 1995 and is a strong proponent of the Doha Development Agenda announced at the Fourth Ministerial Conference in Doha, Qatar, in November 2001.
www.nationbynation.com /Namibia/Economy.html   (1467 words)

  
 Economy of Namibia - Wikipedia, the free encyclopedia
However, Namibia's economy is heavily dependent on the earnings generated from primary commodity exports in a few vital sectors, including minerals, especially diamonds, livestock, and fish.
Namibia also is addressing the sensitive issue of agrarian land reform in a pragmatic manner.
In 1993, Namibia became a GATT signatory, and the Minister of Trade and Industry represented Namibia at the Marrakech signing of the Uruguay Round Agreement in April 1994.
en.wikipedia.org /wiki/Economy_of_Namibia   (1771 words)

  
 SACU :: Namibia
Namibia is a democratically governed republic situated on the Southwest coast of Africa north and west of South Africa.
Namibia 's economy relies mainly on the mining and agricultural sectors with fish and diamonds accounting for the majority of its exports.
Namibia is one hour ahead of GMT in the winter months and runs from the first Sunday in April to the first Sunday in September; and two hours ahead of GMT and runs from the first Sunday in September to the first Sunday in April.
www.sacu.int /MemberStates/Namibia/tabid/68/Default.aspx   (241 words)

  
 [No title]
While Namibia is a large country, the scarcity of arable land, persistent drought and inherent inequalities particularly in the rural sector, remains a constant challenge to assist and uplift the livelihoods of the rural poor.
One of the consequences of duality in the economy is the skewed income distribution particularly between the two main sectors in agriculture, the commercial and communal sectors.
Namibia would therefore propose that: All forms of export support be subject to the same provisions accorded to export subsidies; Food aid be in fully grant form only, with a set of provisions that promote purchasing food from developing countries.
www.wto.org /english/tratop_e/agric_e/ngw143_e.doc   (1530 words)

  
 Namibia History | iExplore.com
The coastal regions of Namibia were explored by the Dutch and Portuguese in the 15th century, by the English in the 18th century and by German missionaries in the 1840s.
Namibia is a member of the Southern African Development Community, and has been engaged in the civil war in the Democratic Republic of Congo on the side of Laurent Kabila (see Congo, Democratic Rep of section).
Namibia enjoys exceptionally rich fishing grounds, although stocks of pilchard – the main species in the area – have been depleted by uncontrolled fishing in the period before Namibian independence.
www.iexplore.com /dmap/Namibia/History   (1086 words)

  
 Namibia: Economy — FactMonster.com
Namibia is a major producer of gem-quality diamonds, the country's principal export; the most significant diamond deposits are offshore.
The central part of the country is served by roads and rail lines that are linked with those of South Africa, its largest trading partner.
Namibia is a member of the Southern African Development Community.
www.factmonster.com /ce6/world/A0859859.html   (203 words)

  
 Diamonds dominate Namibia's economy   (Site not responding. Last check: 2007-10-26)
Namibia's economy is heavily dependent on mining, which contributed an average 21.5 per cent annually to GDP in 1991-95.
Namibia is expected to increase its total diamond production from an estimated 1.4 mn carats in 1997 to 2.2 mn carats a year by 2000, according to the Bank of Namibia.
Much of Namibia's diamond trade is in the hands of De Beers, which mines half of the world's diamonds - in Namibia, Botswana and South Africa - and in the past controlled up to 80 per cent of the global diamond market, worth around $50 bn in 1997.
www.un.org /ecosocdev/geninfo/afrec/subjindx/124diam.htm   (411 words)

  
 Namibia country information
For more information on Namibia you may write to the chancery at 1605 New Hampshire Avenue NW, Washington, DC 20009; check the U.S. State Department or World Factbook country sites; or type in the country's name on the Internet using a broad-based world wide web search engine.
Roughly half the size of Alaska, Namibia is located in Southern Africa between Angola and South Africa, with the South Atlantic Ocean to the west.
Namibia’s desert climate is hot and dry, with sparse and unpredictable rainfall.
www.elca.org /countrypackets/namibia/desc.html   (751 words)

  
 NamibWeb.com - The online guide to Namibia: Namibian economy
Namibia further holds membership of COMESA but due to its derogation status stemming from the fact that as a member of SACU it may not unilaterally extend trade preferences to third countries, Namibia does not enjoy the full preferential access benefits under the COMESA FTA.
Namibia has no immediate access to advanced economic modelling tools to project the impact of the various trade co-operation agreements and scenarios; No consideration is given to the revenue impact of trade liberalisation nor strategies devised to diversify the revenue basis.
For Namibia, and the BLS, the continuation of the present SACU regime is not conducive to the desired industrialisation and diversification of their economies.
www.namibweb.com /ne.htm   (4101 words)

  
 Namibia (10/06)
It called for the holding of elections in Namibia under UN supervision and control, the cessation of all hostile acts by all parties, and restrictions on the activities of South African and Namibian military, paramilitary, and police.
Namibia maintains an embassy in the United States at 1605 New Hampshire Ave., NW, Washington DC 20009 (tel: (202) 986-0540; fax: (202) 986-0443).
Namibia became the 160th member of the United Nations on April 23, 1990, and the 50th member of the British Commonwealth upon independence.
www.state.gov /r/pa/ei/bgn/5472.htm   (4718 words)

  
 Namibia: stable economy, daunting challenges
Namibia was deemed one of the "front runners" -- a developing country that stands out for its success in attracting relatively high and growing levels of foreign direct investment (FDI) in per capita terms -- by the UN Conference on Trade and Development (UNCTAD) in its World Investment Report 1998.
Germany, Namibia's first former colonial power, is the largest single source of development and technical aid and accounts for 7 per cent of total foreign investment.
Namibia's per capita income of $2,220 (1997) is more than four times the average for sub-Saharan Africa and puts it in the league of some lower middle-income East European countries.
www.un.org /ecosocdev/geninfo/afrec/subjindx/124namb1.htm   (2720 words)

  
 INTERNATIONAL CAPITAL IN NAMIBIA
At the end of the War, in 1918, Namibia was entrusted to the Union of South Africa as a „C Mandate“ by the League of Nations.
Waldheim, to Namibia, South Africa agreed to the appointment of a UN commissioner for Namibia, provided that he had his seat in New York, from where he could visit the territory and make reports.
Although it seldom rains in Namibia, nevertheless the country is suitable for cattle and sheep farming.
www.homestead.com /pandemonium3/files/namibiaen.html   (1674 words)

  
 afrol News - Namibia News
Misanet / The Namibian, 24 November - The government of Namibia yesterday signed a petroleum agreement with INA Industrija Nafte, the Croatian national oil company, which is to start exploration on the shore of the Nama basin in southern Namibia.
Namibia's offshore basins are believed to be oil rich, but few explorations have so far been done.
The government of Namibia supposes that the dead bodies are SWAPO freedom fighters from the era of the South African occupation and is to investigate their identities.
www.afrol.com /countries/namibia/news   (1066 words)

  
 allAfrica.com: Namibia: Rebalancing the Economy (Page 1 of 2)   (Site not responding. Last check: 2007-10-26)
The rebalancing of the Namibian economy that started early in the year with the announcement of a tight government budget by the Minister of Finance still continues with the Bank of Namibia raising interest rates from the middle of 2006.
Namibia's economy is generally vulnerable to high variances in output from year to year in several important economic sectors, displaying "boom and bust" cyclical patterns.
Namibia's fishing industry has been an important source of economic growth and a significant contributor to the country's export performance.
allafrica.com /stories/200612220430.html   (831 words)

  
 Bank of Namibia Predicts Rosy Economy   (Site not responding. Last check: 2007-10-26)
THE Namibian economy is forecasted to grow moderately by 2.9% in 2003 from about 2.3% in 2002.
The good performance witnessed during the past two years in the manufacturing sector is expected to be sustained in 2003 and this growth, according to the bulletin, would mainly be realised from a recovery in fish processing and other manufacturing, on account of increased textile production and the copper smelter.
Inflation is expected to decline in 2003 to an average of 7.3% from 11.3% during 2002.
www.grnnet.gov.na /News/Archive/2003/June/week4/economy.htm   (413 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.