Staff Reporter NAMIBIA is fully committed to transitioning from being an exporter of raw materials to exporting value-added goods as a means to address the country’s main economic challenges, such as the high unemployment rate. This commitment was once again emphasized by Dr. Netumbo Nandi-Ndaitwah, the Deputy Prime Minister and Minister of International Relations and...
President Hage Geingob has affirmed that Namibia will partner with investors committed to local operations and exporting finished products, diverging from raw materials. The statement follows the government’s June decision to prohibit the export of unprocessed lithium and critical minerals, aiming to foster domestic processing development. We reached out to Cirrus Capital economist Robert McGregor for comment. ...