Namibian Agronomic Board Chairperson Michael Iyambo says that corruption, red tape, policy uncertainties and lack of competence in key institutions are some of the issues hampering the performance of Namibia’s agriculture sector. The Namibia press agency reports that speaking during the opening of the two-day national conference on agriculture reinvigoration organised by NAB, Iyambo said these issues are coupled with laws and regulations that influence banking, land ownership, and access to water, and they prevent Namibia from exploiting opportunities for inward investment. On the positive side though, Iyambo said that “several private sector companies […] have showcased their investment commitments, thus illustrating the opportunities that exist in Namibia”.
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