Lack of political will hampers starting business in Namibia

news-image

Windhoek – The process of starting a business in Namibia is hampered by a lack of political will and urgency to improve the country’s economic competitiveness.

This is according to a report titled ‘Improving the Business Environment in Namibia’ launched by the Institute for Public Policy Research (IPPR) here on Tuesday.

The IPPR said in its report, Namibia has not made any progress in improving its global competitiveness since 2010, because improving the country’s competitiveness was not a political and governance priority.

The IPPR noted that Namibia needs both domestic and foreign investment as a pre-requisite if it is to grow and prosper.

“The government can also introduce laws and spending priorities that make sure the benefits of investment do not simply go to a narrow band of the population that is already well-off,” the report added.

The IPPR recommended that Namibia should build on its competitive advantages by ensuring it improves basic efficiencies in the services offered to businesses. - Nampa

LEAVE A COMMENT

Comments

image

Poachers have broken into Botswana’s p Read more...

10 Aug, 2018 at 01:58 PM

image

In a sign that Botswana is likely to cli Read more...

02 Jul, 2018 at 09:26 AM

image

DAR ES SALAAM - DIRECTIVES on online for Read more...

02 Jul, 2018 at 01:24 PM

image

Gaborone - Poachers have broken into Bot Read more...

04 Feb, 2019 at 07:35 AM

image

Gaborone – The Botswana government has Read more...

25 May, 2018 at 02:35 PM

image

Windhoek - Namibian President and Chairp Read more...

25 May, 2019 at 12:40 PM

image

Windhoek - The chairperson of the SADC C Read more...

24 May, 2019 at 11:51 AM

image

Windhoek - Observations by the Southern Read more...

24 May, 2019 at 05:27 AM

image

Windhoek - Namibia's Minister of Sport, Read more...

21 May, 2019 at 03:44 PM

image

Windhoek - Namibian former vice presiden Read more...

20 May, 2019 at 04:20 PM

image

Heads of state and ministers who travell Read more...

30 Jul, 2018 at 02:01 PM

image

Windhoek - The European Union National I Read more...

01 Apr, 2019 at 12:33 PM

image

African sovereign funds represent only 3 Read more...

24 Sep, 2018 at 09:52 AM

image

Gaborone - Botswana’s celebrated hip-h Read more...

04 Aug, 2018 at 03:19 PM

image

Gaborone - The Zebras and Namibia's Brav Read more...

28 Sep, 2018 at 10:26 AM