Surrounded by South Africa, Botswana, Zambia, and Angola, Namibia is considered to be an upper-middle-income economy with an abundance of mineral resources. The mining industry is expected to boost the growth of its key sectors.
As organisations expand to other countries to contribute to explore opportunities in African countries like Namibia, they look for quick and easy HR outsourcing processes. Africa HR Solutions is well poised to help companies with their employment outsourcing challenges. Our in-country experts listen to you and craft a tailored HR outsourcing strategy to respond to their business objectives. Our Namibia HR outsourcing services range from Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing and other ancillary solutions to help you expand with peace of mind, even if you do not have a legal entity yet.
Country Profile - Namibia
Population: 2.4 mn
Gross Domestic Product (GDP): $10.56 bn
GDP Growth: -0.1%
Inflation: 4.3%
Foreign Direct Investment (% of GDP): 1.2%
Unemployment Rate: 23.1 %
Capital: Windhoek
Currency: Namibian dollar, South African rand
Languages: English
Namibia's Economy
Namibia is bordered by South Africa, Botswana, Zambia, and Angola. Considered as the driest country in sub-Sahara Africa, Namibia is abundant in mineral resources, that includes diamonds, copper and uranium. The country is known to have good transport infrastructure, boasts good governance and has huge tourism potential. The country’s agricultural sector is unfortunately affected by climatic conditions. Namibia is known to be an upper-middle-income nation, and growth is forecast to rebound this year by an increase in mineral exports such as diamonds, uranium, and zinc.
Interesting Facts About Namibia
The country is home to the oldest deserts
People speak more than 60 languages in Namib
The country is home to Fish River Canyon, the second-largest canyon in the world
Namibia was the first country in Africa to establish environmental protection into its constitution
Namibia has many conservation areas that are aimed at protecting the country’s natural habitat. Namib-Naukluft Park is one such conservation area and its most beautiful park is Etosha National Park which is an 8,600 square mile park.
Public Holidays in Namibia
New Year’s Day
Independence Day
Good Friday
Easter Monday
Worker’s Day
Cassinga Day
Africa Day
Ascension Day
Heroes’ Day
International Human Rights Day
Christmas Day
Family Day
Employment in Namibia
Fixed-term agreements are allowed in Namibia. A written employment contract is recommended with all the details pertaining to the employee, such as the wage, compensation, and termination requirements. It is better that employment contracts outline the wage in terms of Namibian dollars instead of a foreign currency. Employees are entitled to sick, parental, and vacation leaves. The length of service will determine the termination and/or severance pay. Both employers and employees contribute to social security.
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African Republic
Chad
Comoros
Democratic Republic of Congo
Djibouti
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea Bissau
Ivory Coast
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Republic of Congo
Rwanda
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
South Sudan
Sudan
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe