CEO's Report
The biggest shock of the year was, no doubt, the crisis around the EU EPA negotiations in November/December when, suddenly, it looked as if Namibia would have had to make some lose-lose choices.
The NAB had already commissioned an audited study into what the past 5 years would have looked like without the Board’s import measures and floor-price mechanism and what the future would hold without such measures. The PWC report painted a very bleak future for Namibia’s agronomic industry, should the Board’s regulatory powers be removed. They calculated the net permanent loss to the economy of N$ 230 million per year.
The negotiations in Brussels were ably led by the MTI and the Namibian Ambassador to Brussels.
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Chairman's Report
The Namibian agronomic production areas are mostly considered to be marginal in terms of soils but even more because of rainfall. Namibia’s consumer population is relatively small and stretched over a vast area. Our southern neighbour, South Africa, is dominating the price structures for many horticulture commodities and maize in years of overproduction.
As a reader of this annual report, please consider the above factors and evaluate the Namibian Agronomic Board, its activities, studies, projects, regulations, effect over years (statistics) against our objective: “To promote the agronomic industry and to facilitate the production, processing, storage and marketing of controlled products in Namibia”.
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