Tags : namibia

Namibia

Diamonds carry Namibia’s economy

Windhoek-Diamonds continue to be the backbone of the Namibia economy while the Southern African Customs Union (SACU) remains a top export earner for the Southern African country, the Namibia Statistics Agency has said in their latest assessment of the Namibian economy. Read more.

Business

Namibian economy contracts by 2.5 percent in first quarter

The Namibian economy further contracted by 2.5 percent in the first quarter of the year despite being poised for an improved performance hinged on better performances by the agriculture sector which in nominal terms expanded to N$3.8 billion from N$3 billion registered in the corresponding quarter of 2020. Read more.

Namibia

Namibia records N$2 billion trade deficit

Windhoek-Namibia has plunged into a trade deficit of N$2 billion in April despite an increase in exports in the mining sectors as well an increase in the total number of merchandise traded. This is shown in the country‚Äôs latest trade statistics released by the Namibian Statistics Agency (NSA). NSA Statistician General Alex Shimuafeni said the country‚Äôs […]

Business

Namibia and Germany ink N$1.8 billion development deal

Namibia and Germany have inked a 100 million Euros (N$1.8 billion) development finance deal to improve food security, water and sanitation as well climate change as well as project financing as part of the ongoing engagement between the two countries to improve close cooperation in the future. Read more.

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