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Investment conference follow-up targets South African prospects

Investment conference follow-up targets South African prospects

When the High Commissioner to South Africa, HE Veiccoh Nghiwete was given his commission at the end of 2015, little did he realise that in the short period of just over one year, he would be involved in three events to promote Namibian investment opportunities to South African investors.

High Commissioner Nghiwete hosted the official launch of the Invest in Namibia conference in Johannesburg in October 2016. Just a month later, he was instrumental in bringing a very large South African delegation to the actual Invest in Namibia conference in Windhoek, and next week Thursday, he is again playing host to targeted South African investors at the Post Investment meeting at the Gallagher Convention Centre near Johannesburg.

The Post-Investment meeting is a follow-up event on Thursday 23 February 2017 in Johannesburg.

Following the outstanding success of the Invest in Namibia conference, High Commissioner Nghiwete was tasked by the President, HE Dr Hage Geingob to keep the contacts hot. This mandate resulted in next week’s Post-Investment conferece where 13 Namibian project promoters will engage the investors they have met in Windhoek, as well as some new prospects identified by the Namibian High Commission in Pretoria.

The South African prospects include the entire database of invitees to the Invest in Namibia launch in Johannesburg, representatives of those companies that attended the Investment Conference in Windhoek and a researched database of companies selected specifically on the criteria of participating projects.

This follow-up event will take the form of direct Business to Business consultations. On Thursday morning, High Commissioner Nghiwete will do the welcoming and introductory remarks setting the stage for the series of B2B meetings between the local project promoters and prospective South African investors. Representatives from the High Commission Commercial Office and the Namibia Investment Centre will also attend to assist companies with investment and trade related enquiries.

The investors follow-up meeting is another step to build on the groundwork laid at the Invest in Namibia conference in Windhoek. The 13 projects have been packaged earlier by the Ministry of Industrialisation, Trade and SME Development, and were presented in Windhoek. Now it is a matter of follow-up, follow through, and implementation.

The current projects on the table are in agriculture, energy, logistics, manufacturing, mixed property development, transport and tourism. Nine projects are private sector driven with two government projects and two promoted by Nampower.

(Photograph by lelamobile.com)

About The Author

Daniel Steinmann

Brief CV of Daniel Steinmann. Born 24 February 1961, Johannesburg. Educated at the University of Pretoria: BA, BA(hons), BD. Postgraduate degrees are in Philosophy and Divinity. Editor of the Namibia Economist since 1991. Daniel Steinmann has steered the Economist as editor for the past 29 years. The newspaper started as a monthly free-sheet, then moved to a weekly paper edition (1996 to 2016), and on 01 December 2016 to a daily digital newspaper at https://economist.com.na. His editorial focus is on economic analysis based on budget analysis, dissecting strategic planning and assessing the impact of policy formulation. For eight years, he hosted a weekly talk-show on NBC Radio, explaining complex economic concepts to a lay audience in a relaxed, conversational manner. He was a founding member of the Editors' Forum of Namibia. Over the years, he has mentored scores of journalism students as interns and as young professional journalists. He often assists economics students, both graduate and post-graduate, to prepare for examinations and moderator reviews. He is the Namibian respondent for the World Economic Survey conducted every quarter for the Ifo Center for Business Cycle Analysis and Surveys at the University of Munich in Germany. He is frequently consulted by NGOs and international analysts on local economic trends and developments. Send comments to [email protected]