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Economy sees 4.7% growth in 2024 first quarter

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The gross domestic product for the first quarter of 2024 indicates exceptional growth in most economic sectors. 

This was highlighted in the capital by the Namibia Statistics Agency at the release of GDP for the first quarter of 2024.

Namibia's economy recovers

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Namibia's economy is reported to have recovered in 2023 and will see a strong rebound in mineral production.

This was revealed by the International Monetary Fund at a media briefing on its mission conclusion for Namibia.

Preparations for Discover Namibia Intra Africa Trade Expo in full swing

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Organisers of the Discover Namibia Intra Africa Trade Expo and small business owners are hopeful that the upcoming event will boost the economy of Swakopmund.

Preparations for the event are in full swing at the Germina Shitaleni Multi-purpose Centre at Mondesa.

Local economy remains under immense pressure

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The local economy remains under immense pressure to set itself on a path of recovery. This is coupled with challenges beyond the country's reach and self-inflicted drawbacks such as the lack of policy implementation.

The Institute of Public Policy Research held a presentation on the state of the economy.