Since independence, the Namibian government has pursued free-market economic principles with a view to attracting foreign direct investment. The liberal Foreign Investment Act of 1993 provides for freedom from nationalization, freedom to remit capital and profits, currency convertibility, and a process for settling disputes equitably.

Key provisions of the Foreign Investment Act include:

• Promotes free market economy in Namibia
• Equal treatment of local and foreign investors
• Full protection of investment
• No prescription of local participation
• Repatriation of profits
• Granting of Certificate of Status Investment (CSI)

Responsible investment authority:

Executive Director
Namibia Investment Centre
Ministry of Trade and Industry
Private Bag 13340, 
Windhoek, Namibia
Tel: +264-61-283-7335, 
E-mail: nic@mti.gov.na