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ARTICLE · 30 JUNE 1997

Doing Business In Namibia

Werksmans Attorneys
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South AfricaMedia, Telecoms, IT, Entertainment
TYPE OF GOVERNMENT / POLITICAL DEVELOPMENT

The Constitution of Namibia is the supreme law of the country. In terms thereof a sovereign, secular, democratic and unitaryState is founded upon the principles of democracy, the rule of law and justice for all. It entrenches the protection of fundamental human rights and freedoms and defines the powers of government. An independent judiciary is vested with the responsibility and authority to uphold and enforce the rights framed in the Constitution.

NATURAL RESOURCES & GROSS DOMESTIC PRODUCT

Mineral resources, such as diamonds, gold, uranium, copper, tin, lead and zinc as well as marble are abundant and have formed the basis of the country's commercial economy. Based to some extent on German Colonial Mining legislation, mineral rights are owned by the State and not by private persons or bodies but are passed on to them for prospecting exploration and mining in the form of licences grants or concessions. The applicable Act is the

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