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Bowmans

Namibia: The Virtual Assets Act 10 of 2023 – What should you know?

The Virtual Assets Act 10 of 2023 was brought into force on 25 July 2023. With the promulgation and coming into force of the VAA, many had the hope that the Act would shed some light on questions such as, may one legally own, possess or trade Bitcoin, what the rules for t..

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Mayer Brown

Namibia establishes new oil and mining licensing system

The Namibian government has established a new licensing system for the oil and mining sectors, in order to address the backlog of applications which have developed over recent years. This article examines some provisions of the new licensing system.

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Koep

Defining defamation in the Namibian context

From tweets made on X (formerly Twitter) to statements made in the media, the term defamation can easily be resorted to when posts and publications made on these platforms threaten one’s reputation. The Constitution of the Republic of Namibia preserves the right to freedo..

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Koep

Beneficial Ownership & External Companies: Does the Companies Amendment Act apply?

A recent startle in the business sector has been caused by none other than the amendment to the Companies Act 28 of 2004 (“Companies Act”). It has caused confusion for businesses all over as to whether the amendments, specifically the new beneficial ownership information ..

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Koep

The right of access to information vs the right to privacy?

The Access to Information Act 8 of 2022 (hereinafter “the Act”), was passed by Parliament and signed by the President of the Republic of Namibia on 29 November 2022, but has however, not yet been brought into force. Although not having taken effect in Namibia, the concept..

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IBN Immigration Solutions

The Complete Guide to Namibia’s Long-Term Work Permit

The Namibian Long-Term Work Permit is issued for two years and can be renewed by another two years. There are no separate categories for special skills, extraordinary skills, intra-company transfers, etc; the Long-Term Work Permit covers all of these.

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ENSafrica

Namibia's petroleum industry heats up with new oil discovery and investment opportunities

Yesterday’s announcement of the third oil discovery made in the offshore orange basin by Shell Namibia, Qatar Energy, and Total Energies brought Namibia's petroleum industry back into the limelight.

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Cronjé Inc.

Trust Administration Bill: Republic of Namibia

Several proposed legislative changes are currently being considered, of which a new Trust Administration Bill has been forwarded to the public to provide input and comments.

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Cronjé Inc.

Promulgation of Public Procurement Amendment Act, 2022: noteworthy updates to existing public procurement framework

The Public Procurement Amendment Act, 2022 was promulgated on 8 August 2022 and aims to update and amend the Public Procurement Act 15 of 2015. This Act remains problematic as it contains ambiguous wording and very short timelines within which actions can be taken. The am..

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