South Africa, Namibia to Strengthen Ties



The South African and Namibian governments are consolidating efforts to co-operate in initiatives to secure energy.

President Jacob Zuma will on Friday host his Namibian counterpart Hage Geingob.

The two leaders will co-chair the 2nd Session of the South Africa-Namibia Bi-National Commission.

The one-day meeting will among others discuss measures to strengthen trade and investment ties in areas including transport, health, education, science and technology and agriculture.

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The main objective of the South Africa-Namibia Bi-National Commission is to coordinate and facilitate bilateral cooperation between the two countries.

South Africa is the source of 66% of Namibia’s imports and is responsible for approximately 80% of investments in key industries such as mining, retail, banking agriculture, and insurance.

On the other hand, Namibia’s main exports to South Africa include beverages, livestock, meat products, fish and minerals.

According to last year’s trade figures, imports from Namibia were valued at over R6-billion while exports to Namibia are estimated at close to R52-billion.

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