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.
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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’s latest trade statistics released by the Namibian Statistics Agency (NSA). NSA Statistician General Alex Shimuafeni said the country’s […]
Frequent power outrages and inadequate energy supply has wrung the Malawi’s social, economic and industrial development, leading to the Malawi Investment Trade Centre (MITC) to compile the country’s available bankable energy sector projects. 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.