LIST OF INSURANCE COMPANIES IN NAMIBIA
Namibia, Africa – World Insurance Companies Logos. The graphic mark of a company is synonymous with its brand. In insurance, a logotype is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best insurance. Click on the logos of the insurance companies to get a bunch of up-to-date information for each insurer in NAMIBIA. We want to help you get the best assurance.
LOGO IMAGE FROM NAMIBIAN INSURANCE COMPANIES
Image of the Logos of Insurance Companies in Namibia. Click on the logos to get lots of vital information in order to find the best insurer.
Namibia is heavily dependent on the extraction and processing of minerals for export. Taxes and royalties from mining account for 25% of its revenue. The bulk of the revenue is created by diamond mining, which made up 7.2% of the 9.5% that mining contributes to Namibia’s GDP in 2011.
Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Namibia is a large exporter of uranium and over the years the mining industry has seen a decline in the international commodity prices such as uranium, which has led to the reason behind several uranium projects being abandoned.
Experts say that the prices are expected to rise in the next 3 years because of an increase in nuclear activities from both Japan and China. The mining industry in Namibia is supposedly going to reach US1.79bn by the year 2018
Mining and energy
Diamond production totalled 1.5 million carats (300 kg) in 2000, generating nearly $500 million in export earnings. Other important mineral resources are uranium, copper, lead, and zinc. The country also is a source of gold, silver, tin, vanadium, semiprecious gemstones, tantalite, phosphate, sulphur, and salt.
Namibia is the fourth-largest exporter of nonfuel minerals in Africa, the world’s fifth-largest producer of uranium, and the producer of large quantities of lead, zinc, tin, silver, and tungsten.
Namibia has two uranium mines that are capable of providing 10% of the world mining output. The mining sector employs only about 3% of the population while about half of the population depends on subsistence agriculture for its livelihood. Namibia normally imports about 50% of its cereal requirements; in drought years food shortages are a major problem in rural areas.
During the pre-independence period, large areas of Namibia, including offshore, were leased for oil prospecting. Some natural gas was discovered in 1974 in the Kudu Field off the mouth of the Orange River, but the extent of this fund is only now being determined.
Namibia, Africa – World Insurance Companies Logos