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© 2017 -2019 Ministry of Industry, Trade and SME Development, Namibia

The NAMFISA is an independent institution established to regulate and supervise financial institutions in the financial services industry in the public interest. NAMFISA enforces compliance to the Financial Intelligence Act.

The Ministry of Mines and Energy has developed a document (as at May 2018) which explains the types of licences and permits they administer and issue. This document provides possible investors and interested parties a quick overview and understanding of the different Mining and Energy Licences, Rights and Permits.

The Competition Act was issued to safeguard and promote competition in the Namibian market; to establish the Namibian Competition Commission and make provision for its power, duties and functions; and to provide for incidental matters.

The Employment Equity Commission has an oversight function of the implementation of affirmative action in the workplace in accordance with the Affirmative Action (Employment) Act, No. 29 of 1998.

 

Any employer who employs 25 or more employees shall be obliged to notify the Employment Equity Commission within 30 days after employing the 25th employee that such employer has now become a relevant employer. Relevant employers are required to submit affirmative action reports on an annual basis. In terms of section 22 of the Act, any employer, who is not a relevant employer may adopt and implement an affirmative action plan consistent with this Act.

CRAN is mandated to regulate telecommunication services and networks, broadcasting services, postal services and the use and allocation of radio spectrum. It was established in terms of the Communication Act (No.8 of 2009) on 18 May 2011.

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