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...Necessity of franchising law in namibia mr mihe gaomab ii chief executive officer the namibian competition commission nacc like most other established authorities anticipates facing problems dealing with franchise agreements under its legislation this is particularly so applications that are anti competitive restricting activities for those licenses and inherently keeping out would want to partake into sell a product service or activity an arrangement where one party franchiser grants another franchisee right use trademark trade name as well certain business systems processes produce market good according specifications usually pays time fee plus percentage sales revenue royalty gains through contract immediate recognition tried tested products standard building design decor detailed techniques running promoting training employees ongoing help upgrading rapid expansion earnings at minimum capital outlay acceptable world wide definition defines special type relationship between two firm...