Ramaphosa expected in Namibia for Bi-National Commission as trade hits N$67.1bn

South African President Cyril Ramaphosa is set to arrive in Namibia on an official visit to participate in the 3rd Session of the Namibia-South Africa Bi-National Commission (BNC) to be held on Friday.

President Geingob and President Ramaphosa will co-chair the Presidential segment of the BNC, which will be preceded by the Ministerial segment. The Ministerial segment will be co-chaired by Deputy Prime Minister and Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah, and South Africa’s Minister of International Relations and Cooperation, Naledi Pandor.

The 3rd Session of the BNC will review cooperation in a wide range of areas, including Diplomatic and Legal, Economic, Social, Defence, and Security.

“It will also serve as an opportunity for the two countries to strengthen the bonds of friendship by assessing the progress made in implementing the decisions of their BNC,” the Presidency said.

To strengthen business-to-business exchanges, a Namibia-South Africa Business Forum will be held on the margins of the Bi-national Commission.

“President Geingob and President Ramaphosa will deliver remarks on the occasion of the Business Forum.”

This comes as the total trade volume between Namibia and South Africa reached N$67.1 billion last year, a 13.5% increase from N$59.1 billion recorded the previous year, according to data shared by the Presidency.

South Africa has the highest number of companies doing business in Namibia.

 

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Last modified on Thursday, 12 October 2023 11:26

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