After a constant period of high economic growth with an average of not less than 5% per annum over the period 2010-2015, Namibia experienced a slowdown in real gross domestic product (GDP) in the past four years .
Namibia chamber of mines, a representative board of mining companies in the country is edgy over the delay in finalising the New Equitable Economic Empowerment Bill (NEEEF) which is set to push for improved local participation of the previously disadvantaged population in key sectors of the economy. Read more.
Namibia is mooting establishment of an agriculture centred insurance product to mitigate the devastating effects of natural calamities like drought and floods on the sector
Namibia has recorded a negative trade balance in the first, three months of the year the latest national accounts figures released by the Namibian Statistics Agency indicate. Read more.
Namibia has effectively adopted a mining act which makes it mandatory for any future investments in the lucrative extractive sector to reserve a minimum of 15 percent ownership for locals. Read more.
