Announcement
02 Mar 2021
In March 2021, the Namibian authorities introduced a requirement for a 15% stake in new mines to be reserved for the local citizens.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2021
Revocation date:
No revocation date
Updated: 02 Mar 2021
FDI: Entry and ownership rule
In force
On 2 March 2023, the Namibian Ministry of Mines and Energy required that all applications for a mining licence in Namibia must have 15% local owners. According to the Ministry, all “applications by...
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