Namibia - Threat Assessment - 2020 Page 1 Of 9 - The Financial Crime News
Namibia - Threat Assessment - 2020Page 1 of 9
Sanctions & Terrorism: There are no sanctionsNamibia against the country. Namibia is a Tier 2Section 1 - Executive SummaryGrey Lists: Namibia is not listed by FATF, & isnot proposed by the EU on their “Grey” list.Namibia is not listed by the US as a “Country ofPrimary Concern” in respect of ML & FC.NRA: Namibia has yet to publish the resultsfrom their AML/CFT National Risk Assessment.(Moderate threat) PPI 2019 (Proliferation) IndexCountry with a “Moderate” response score of443/1,300. Namibia has a “No” impact score(0/10) in the Global Terrorism Index 2019 andis not included in US Country Reports onTerrorism.Response & Resilience: FATF MER 4th roundresults by ESAAMLG are expected to beavailable in August 2021. Namibia scoredOrganised Crime: According to the OC Index,5.04/10 for resilience, ranked 13/54 for AfricaLow Criminality - High Resilience. Criminalityin the OC Index. Key component ratings3.82/10, (ranked 44th lowest of 54 Africaninclude: AML (4.5/10), Economic Regulatorycountries. Main markets are illegal timberEnvironment (6.5/10), Law Enforcement(6/10), wildlife crime (5.5/10), illegal mining(4.5/10), & International Cooperation (6.5/10).(4.5/10) & illegal drugs (synthetics & heroin(3/10)). The main “Criminal Actors” are“Foreign Actors” (6/10), “CriminalNetworks” (4.5/10), “State EmbeddedActors” (3.5/10) and “Mafi a StyleIndices: Namibia scored 77/100 and was rated“free” in the 2019 Freedom in the World reportand 60.9/100 for economic freedom (HeritageFoundation) described as “moderately free”.The Mo Ibrahim Index of African GovernanceGroups” (2.5/10).(IIAG) scored Namibia 4th in Africa at 68.6/100.Corruption: TI CPI - 2019 - ranked 52/198,The Basel AML Index 2017 ranked Namibiawith a score of 52/100, an improvement fromwith a score of 6.59/10.2014, where Namibia had a score of 49/100. Inthe TI Afrobarometer survey 2019, Namibiareported an overall bribery rate of 11%.Overall Ratings: Namibia is rated the 4/40best rated Country in SSA and 2/10 inSouthern Africa, with an overall score ofModern Slavery: The 2018 GSI Index: 45/5168/100 “Low-Moderate” risk, 86/100 “VeryAfrican countries, with 8,000 modern dayLow” level for Threats and 50/100 “Moderate-slaves, and an incidence of 3.3/1000 peopleHigh” level for Responses, with an “Improving ”and a “CCC” response. US Traffi cking inPersons 2020 upgraded from a Tier 2 rating toSub Saharan Africa’s only Tier 1 rated country.FCN Rating: “Low” Risk 68/100“Improving Trend”trend.Namibia - Threat Assessment - 2020Page 2 of 9
Namibia - Threat Assessment - 2020Page 3 of 9
2. Country InformationPeople & Geography: Namibia is a large andsparsely populated country located on Africa’ssouth-west coast and is bordered by Zambia,Angola, Botswana and South Africa. Namibia isthe driest country in Sub Saharan Africa andone of the least densely populated country inthe world. Namibia’s unique landscapeencompasses canyons, clay pans, deserts suchas the Kalahari and Namib Deserts and peakssuch as the Spitzkoppe- a group of baldgranite peaks. Namibia’s capital Windhoek islocated in central Namibia and is the social,economic, political and cultural centre of thecountry. Of its 2.5 million population Namibiacounts some 107,000 of migrants for 2019 and195,000 emigrants.Recent History & Leadership: During the late19th Century Namibia was controlled byGermany as South-West Africa and was latertaken over by South Africa in 1915 duringWW1. South Africa remained in power until1966 when the South West Africa People'sOrganisation (Swapo) launched an armedstruggle against the occupation. Namibiafi nally became independent in 1990 with SamNujoma as the country’s president. Namibia’scurrent president, Hage Geingob, has been inpower since November 2014. In 2015 heappointed Saara Kuugongelwa-Amadhila asprime minister after she served as fi nanceminister from 2003. Today Namibia boasts ahighly developed banking sector, a successfulmining industry with diamonds as its mainexport.Economy & Trade: In 2017, the GDP wasUS 13.24 billion with government revenuesamounting to US 4.268billion. The GDP percapita in 2017 was USD11,200. Namibia’seconomy is made up of agriculture 6.7%,industry 26.3%, services 67% and these sectorsencompass the meatpacking, fi sh processing,tourism, diamond extraction, uranium andcopper industries as well as fi nancial services,information and communications technology,education, hospitality and propertydevelopment. Namibia exports diamonds,copper, gold, zinc, lead, uranium; cattle, whitefi sh and mollusks to South Africa 27.1%,Botswana 14.9%, Switzerland 12%, Zambia5.7%, China 4.6%, Italy 4.4% (2017). Namibiaimports foodstuffs; petroleum products andfuel, machinery and equipment and chemicalsfrom South Africa 61.4% (2017).Environment: According to the EnvironmentalPerformance Index Namibia is ranked 79/180countries, with a score of 58.46/100.Tourism: Travel & tourism contributes NAD28,610.9 million (USD1,975.4 million) in 2017,which represents 14.7% of the GDP ofNamibia. The labour force for this sector ismore than 114,600 in direct employment,which represents 15.4% of the totalemployment rate in country. The main touristareas include Fish River Canyon, Cape Cross,Spitzkoppe and the Caprivi Strip.Finance: In terms of remittances, the countryhas estimated infl ows of US 53 million (0.4%of the GDP) for the year 2019 according to theWorld Bank. Connectivity-wise, there is aninternet penetration rate of 51% & 2.89 millionmobile connections for the year 2020. Withregard to access to the banking system, 77% ofthe population over 15 years of age hold bankaccounts, 15% of the population have a creditcard and 43% of the population maintainmobile money accounts in 2020.Namibia - Threat Assessment - 2020Page 4 of 9
3. Country RatingsAvailable information from leading sources produce almost 60 ratings for Namibia, covering boththreats and responses in fighting financial crime, sanctions, proliferation finance, terrorism &terrorism finance.SourceNamibia SourceNamibia SourceNamibia World Economic ForumOrganised Crime Index61.2 / 100Transparency International (TI)Corruption Perceptions Index52 / 100(56/198)Proliferation Index - PPIThreatTier 2Moderate Threat LevelOC IndexCriminaility3.82//10TI & Afrobarometer11%Overall Bribery RateProliferation Index - PPIControls443/ 1300Controls scoreOC IndexCriminal Actors4.13/10TRACEBribery Risk Matrix47(72/200)Global Terrorism IndexGTI - Impact0/10“No” ImpactOC IndexState Embedded Actors3.5/10Global Slavery IndexGSI Incidence3.3/1,000Incidence of human traffickingUS Dept of StateCountry Reports on TerrorismNot IncludedOC IndexCriminal Networks4.5/10Global Slavery IndexNo of estimated Modern Day Slaves8,000Estimated numbers of modern dayslavesGlobal Cybersecurity Index20180.127/1(141/175)OC IndexForeign Actors6/10Global Slavery IndexCountry Response Rating“CCC” Rating(Ratings: AAA, AA, A etc)Mo Ibrahim Governance Index(49.9 - All Africa)68.6/100(slowing improvement) (4/54)OC IndexMafia Style Gangs2.5/10US Dept of LaborChild LabourNot AvailableFreedom HouseFreedom Index77/100“free”OC IndexDrugs TraffickingHeroin 3/10 & Synthetic’s 3/10Cannabis 2.5/10 & Cocaine 2/10US Dept of StateTrafficking in PersonsTier 1 Rated(2020)Heritage FoundationEconomic Freedom Index60.9/100“Moderately free”OC IndexArms Trafficking3/10IOM MigrationE - Emigration / I - ImmigrationI -107,600/E - 195,500Basel AML Index(2017)6.59/10OC IndexPeople Smuggling2.5/10Illegal Unreported and Unregulated(IUU) - IUU Fishing Index2.18/5FIU EgmontMemberYesOC IndexHuman Trafficking3/10EU Listing of Countries for IllegalFishingNoInterpolMemberYesOC IndexIllegal Timber6/10US DoS - Wildlife TraffickingFocus / Countries of ConcernNot IncludedAsset Confiscationsover 1% of ProceedsNoOC IndexIllegal Wildlife5.5/10Environment Performance Index58.46/10079/180Country National Risk AssessmentNoLast issued in 2015 - Not PubOC IndexIllegal Mining4.5/10EUIPO & OECD Counterfeit GoodsPropensity of Exports0.000(2016)Financial Information SharingPartnershipNoOC IndexResilience5.04/10Tax Justice NetworkFinancial Secrecy IndexNot IncludedUS Dept of StateINCSR Vol I & Vol IINoOC IndexAML4.5/10EU List of None Co operativeJurisdictions for Tax purposesNot IncludedEuropean Union ListNoOC IndexLaw Enforcement4.5/10OECD - Global ForumNot Yet ReviewedFATF Standards40 RecommendationsNot Yet AvailableOC IndexInternational Co- operation6.5/10Global Financial IntegrityUS 185million - 16.85% (2017)FATF Standards11 IO’s on EffectivenessNot Yet AvailableOC IndexEconomic Regulatory Environment6.5/10Embassy’s from N Korea, Syria, Iranor CubaCubaFATF StandardsCore 10 RecommendationsNot Yet AvailableIllegal Drug Dependency / DisordersNumber/Share18,197/0.78%Embargoes - Country Sanctions(Comprehensive - UN, US, EU, UK)NoneFATF StandardsCore 4 IO’s on EffectivenessNot Yet AvailableNumbeo Crime Survey 202067.21/100(11/129)OFAC Listed Partieswith Local Addresses2FATFCounter - MeasuresStrategic Deficiencies ListNo(Strategic Deficiencies)Citizens Views and Experiences of CorruptionReporton Transparency & Exchange Info for Tax PurposesIllicit Financial FlowsNamibia - Threat Assessment - 2020Page 5 of 9
4. Financial Crime News (FCN) Country RatingsFrom all the available information collected and results summarised in Section 3 above, 20 plusratings have been selected, covering a broad base of threats and responses in fighting financialcrime, sanctions, proliferation finance and terrorism & terrorism finance. The Results make up theFCN Country Threat / Response & Overall Risk scores and rankings for Countries in Sub SaharanAfrica.11erallOvFATFUListsFATF40/EFATF avedoGSI-anrnveGoFreeceerallF’sOvI TITerUSOCRWEFCSINmFCN SSA Country Risk Rating -“Mod-High” Response - FCN SSA Country Risk Rating - “Very Low” Threats - FCN Final Ratings - NamibiaFinancial Crime NewsThreat Rating86/100“Very Low” ThreatFinancial Crime NewsResponse Rating50/100“Moderate-High” ResponseFinancial Crime NewsFinancial Crime Rating68/100 “Low - Moderate” RiskTrendImproving(TI CPI, Mo Ibrahim, FATF, Basel Index & GTI - 3-5 years)4/40 SSA - 2/10 SAFor more details on the scoring model for FCN Ratings contact the Editor FCN directly for access to the MethodologyRatings across Sub Saharan Africa, compared to other Countries:Namibia - Threat Assessment - 2020Page 6 of 9
Namibia - Threat Assessment - 2020Page 7 of 9
5. Selected InformationFrom the available information, a number of indicators can be tracked over time to identify trends.A number of these indicators are identified below together with additional charts used in the LongForm “Deep Dive” Country Threat Assessment for Namibia, coming soon and then available fromFinancial Crime News/Premium.The Authors of this work is John Cusack. Data Investigation & Information collection by Hannah Cusack. The Editor is John Cusack, the publisher is Financial Crime News / Metriqa Limited. All rightsremain with FCN/Metriqa Limited.Namibia - Threat Assessment - 2020Page 8 of 9
Namibia - Threat Assessment - 2020Page 9 of 9
granite peaks. Namibia's capital Windhoek is located in central Namibia and is the social, economic, political and cultural centre of the country. Of its 2.5 million population Namibia counts some 107,000 of migrants for 2019 and 195,000 emigrants. Recent History & Leadership: During the late 19th Century Namibia was controlled by
Namibia has two public tertiary institutions of general education, the University of Namibia (UNAM) established in 1992, and the Namibia University of Science and Technology (NUST), which was transformed from the Polytechnic of Namibia at the beginning of this year, 2016.
Shared third-party threat information via the Cyber Threat Alliance further enriches this knowledge base. The Cyber Threat Alliance is a consortium of 174 different threat intelligence and threat feed providers that crowdsource and share threat intelligence. Cyber Threat Alliance processes more than 500,000 file samples and 350,000 URLs daily.
SCHOOL- BASED FACTORS AFFECTING GRADE 12 LEARNERS’ ACADEMIC PERFORMANCE IN NAMIBIA SENIOR SECONDARY CERTIFICATE ORDINARY LEVEL BIOLOGY IN THE KHOMAS EDUCATIONAL REGION, NAMIBIA N. K. Muyoyeta1, J. Abah2 and D. Denuga2 Department of Mathematics, Science and Sports, Faculty of Education, University of Namibia Private Bag, 13301, Windhoek, Namibia
The Namibia Quarterly Economic Review is compiled by the Institute for Public Policy Research and is financially supported by the Hanns Seidel Foundation. It is available to download free of charge from www.ippr.org.na or www.hsf.org.na 1 Namibia QER Q3 2019 Namibia Quarterly Econo
Jan 31, 1994 · hyatt hotels (namibia) electrical & electronics & merchanical and solar engineering aim namibia cables namibia the smile on the face of africa kleine tuine spot-on mammaafrica namibia business and industrial services green gold holdings worldgro holdings/investments odds and ends pawn sho
Namibia FREQUENTLY aSKED QUESTiONS Is Namibia a family destination? absolutely! There are activities for the whole family. Climbing the highest dunes in the world in Sossusvlei, riding camels in Swakopmund and learning to track with a local guide made a holiday to Namibia exciting for the kids! Childern are welcome in many of the lodges and .
Threat assessment – also known as behavioral threat assessment or threat management – is a process designed to identify, investigate, evaluate, and manage threats, stalking, harassment, and other troubling behavior. The goal of threat
REKONSILIASI EKSTERNAL DATA SISTEM AKUNTANSI INSTANSI SATUAN KERJA Universitas Pendidikan Indonesia repository.upi.edu perpustakaan.upi.edu BAB I PENDAHULUAN 1.1 Latar Belakang Penelitian Masa reformasi menyadarkan masyarakat akan pentingnya pengelolaan keuangan pemerintah yang harus dilaksanakan dengan prinsip pemerintahan yang baik, terbuka dan akuntanbel sesuai dengan lingkungan .
