The week-long international roundtable on the review and modernization of Namibia's outdated corporate laws is underway in Windhoek.

The review is aimed at encouraging investment and innovation through the adoption of an effective and predictable regulatory business environment.

The Business and Intellectual Property Authority (BIPA) and the Ministry of Industrialization and Trade, together with local and international stakeholders, collaborated to review and reform the laws related to companies and close corporations.