We believe that skills and local businesses are the most important because they are the foundations of every nation’s economy, growth and governance. If the Local Content policy is to be effective and is to be meaningful then it must increase employment and must build the capacity of local businesses.

The election of President Trump for a second term has ushered in a significant shift in the global ESG (Environmental, Social and Governance) landscape. With the administration and many US states making it effectively illegal to use ESG

We have looked at Local Content issues from the perspective of the Government, of skills and local businesses and from that of international companies (ICs).
Let us look at Namibia as a case study in how to build a thriving and sustainable Local Content policy.

In the first of this series on Local Content Policy (LCP), I described how it seems obvious to demand that international companies (ICs) employ local people, use local companies, transfer knowledge and provide cash to pay for education and training of the Government’s choice.

Of all the moving parts that male up a Local Content vehicle, skills and local businesses are the most important because they are the foundations of every nation’s economy, growth and governance.

Without understanding the roots of local content issues we cannot find a path that leads us to nation building. Local content is one of the builders of that path.

Local Content Policies (LCPs) – making international companies contribute to the development of the country whose resources they are extracting – what is not to like? Employing local people, using local suppliers, buying local food, materials, equipment, vehicles – why would any self respecting international company not do that?