NAMIBIA’S ECONOMIC GROWTH FORECAST CUT TO 2.3% IN 2026
Breadcrumb
Namibia's economic growth is projected to be at 2,3% in 2026, lower than the earlier forecast of 3,1%.
This reflects weaker-than-expected performance in the first half of the year.
Namibia's economic growth is projected to be at 2,3% in 2026, lower than the earlier forecast of 3,1%.
This reflects weaker-than-expected performance in the first half of the year.
The Minister of Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani, says trading restrictions have been partially relaxed, allowing cattle to move from feedlots to abattoirs and from abattoirs to traders.
Popular Democratic Movement (PDM) leader McHenry Venaani says the mid-year budget fails to adequately address the cost of living, housing, sanitation and challenges facing farmers.
The Minister of Environment, Forestry and Tourism, Indileni Daniel, has highlighted that the Gambling Board of Namibia is not yet fully operational.
Staff members are yet to be recruited, limiting the implementation of consumer education and rehabilitation programmes.
Parliament hosted a workshop on strategic planning, leadership and institutional development of the Youth Parliamentary Caucus to support the establishment of a youth parliamentary caucus.
The Minister of Environment, Forestry and Tourism has recorded an under-spent of about N$67 million in the last financial year.
Indileni Daniel explained that the understanding emanated from delays in the construction of a game-breeding camp fence.
The Minister of Agriculture, Fisheries, Water, and Land Reform Inge Zaamwani has commended private experts for their efforts to combat foot-and-mouth disease (FMD).
However, appointment letters were returned for clarification on the terms of voluntary service, duration, and liability before approval.
Minister of Works and Transport Veikko Nekundi says the designs for bridges to be constructed along the B1 road for pedestrians have been completed, with contractors expected to be on sight before November this year.
Discussions on the Petroleum Amendment bill in the National Assembly reached a standstill after members of the opposition staged a walk-out.
This followed the Speaker’s call for a division of the house for the voting to take place on the proposed bill.
The National Assembly has commenced with the debate on the appointment of 13 members to the Eighth Employment Equity Commission to serve for a term of three years.