Institute for Public Policy Research
Published by:
Namibia Chamber of Commerce and Industry (NCCI) Namibian Manufacturers Association (NMA) Institute for Public Policy Research (IPPR) Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, acting on behalf of German Ministry for Economic Cooperation and Development (BMZ) Klaus Schade (Institute for Public Policy Research) Survey Warehouse (Pty) Ltd. Solitaire Press (Pty) Ltd.
Supported by:
Study prepared by: Survey conducted by Printed by: Windhoek, May 2011
© Namibia Chamber of Commerce and Industry (NCCI), Namibian Manufacturers Association (NMA), Institute for Public Policy Research (IPPR) All rights reserved.
Key Findings
General economic conditions Businesses expect the general economic conditions in 2011 to be more positive than in 2010 and in 2009. Access to and the cost of finance remains the major hurdle for micro enterprises. Small, medium and large companies view the lack of skills as their main challenge. The informal sector is negatively affected by the low demand for their goods and services. Obtaining work permits for skilled foreign nationals remains a major challenge for the formal sector and in particular medium and large companies. The informal sector faces a major challenge in enforcing contracts. Respondents also view access to un-serviced and serviced land for business as difficult. The cost of credit is seen by all companies, but in particular micro enterprises and the informal sector, as a big challenge. Access to credit remains a challenge for all, except medium and large enterprises. Providing collaterals is likewise seen by most business as difficult. Overall business people are quite satisfied with the quality of health services provided. However, the rating dropped compared to the previous namBIC 2009 report. Medium and large and to a lesser extent small companies are not satisfied by the quality of educational services provided in the country,