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Trade ArrangementsBy virtue of trade arrangements, Namibia is an ideal location for investors. The country enjoys easy access to a regional market of over 200 million consumers, as well as access to lucrative markets in the rest of the world. Namibia’s major trading partners include the European Union, Japan, the United States of America, Switzerland, Zimbabwe and member states of both the Southern African Customs Union (SACU) and the Southern African Development Community (SADC). Major trade arrangements include the Southern African Customs Union (SACU), the Southern African Development Community (SADC), the Africa Growth and Opportunity Act (AGOA) and the COTONOU Agreement.
Namibia has signed reciprocal investment promotion and protection agreements(RIPPAs) with a number of countries to consolidate business ties and promote investor confidence. Countries with which such ties have or are being made, with treaties ratified and/or signed by the Namibian Parliament, include: Angola, Austria, China, Cuba, Finland, France, Germany, Italy, Malaysia, Netherlands, Spain, Vietnam, Switzerland and Russia.
Bank of Namibia : The country’s central bank, Bank of Namibia, is responsible for issuing currency.It is the foreign-exchange authority, lender of last resort to banking institutions, banker to Government and the commercial banks and the supervisory authority on financial institutions and monetary matters.
The Bank Institutions Act that passed into law in 1998 provides the legal framework for bank operations in Namibia and is designed to ensure international acceptability
Commercial Banks : Commercial banks in Namibia operate through a nation-wide network of branches, offering a comprehensive range of banking services. Most of the commercial banks are also capable of providing specialised merchant-banking facilities. International services are available through inter-bank arrangements, while electronic banking and teller services are available in all large centres. Namibia has four major commercial banks, namely Bank Windhoek Ltd, FNB Namibia Holdings Ltd, Standard Bank of Namibia, and Nedbank Namibia Ltd.
ther financial institutions : According to Namfisa, the regulator for financial service providers in Namibia, there is a total of seventeen long-term and sixteen short-term insurers registered for operation in Namibia. Nine unit-trust management companies and twenty-four asset management companies are registered with Namfisa. Four stockbroking firms are registered with Namfisa. They are Irwin, Jacobs, Green (Pty) Ltd, Simonis Storm Securities (Pty) Ltd, Namibia Equity Brokers (Pty) Ltd and Investment House Namibia (Pty) Ltd.