Ann: Celsius Dual-Lists on the Namibian Stock Exchange, page-44

There are some interesting things I've been reading about Namibia and investment. There may be some ulterior motives for listing on Namibian stock exchange.

A bit of background on Namibia and investing:
https://www.pwc.de/de/internationale-maerkte/assets/doing-business-in-namibia.pdf
(bit old but useful)
https://www.pwc.com/na/en/assets/pdf/namibia-tax-reference-and-rate-card-january-2016.pdf
(mining tax rate 37.5%)

An article comparing starting a gold mine in 4 african countries (Namibia gets the tick as IRR highest)
https://www.pwc.com.au/industry/energy-utilities-mining/assets/australia-africa-practice-aug15.pdf



But I also wonder about the two things we could possibly include

ie Walvis bay is an EPZ (export processing zone)
Export Processing Zones (EPZ) EPZ status confers total exemption from income tax, VAT, customs and excise duty, stamp and transfer duty, but not PAYE and withholding taxes. Essential requirements include conducting a manufacturing activity and exporting all goods outside the Southern African Customs Union.

http://www.namibweb.com/epz.htm

And any loans from Germany/Namibia for investment:
They helped fund the hydro scheme there and are pro anything renewable energy:
https://economist.com.na/12301/mining-energy/german-loan-to-develop-energy-sector/

finally mine rehabilitation in Namibia (get tax credits)
https://www2.deloitte.com/na/en/pag...of-rehabilitation-expenditure-in-namibia.html


There could be a lot of ticks in the above for me besides the fact the JORC was a belter.....