Namibia recorded positive economic growth in 2022, despite the impact of adverse economic conditions.
This, according to Economist Ruusa Nandago, is largely due to a 22% increase in the mining sector.
The Mobile Telecommunications Company (MTC) achieved profitable growth and increased its infrastructure investment during 2022 as its customer-centric digital transformation strategy delivered value.
The company's revenue has grown from N$25,6 million in 2021, to N$52,9 million in 2022.
The Minister of Works and Transport, John Mutorwa, says the aviation industry is in need of a unified approach to survival and growth, following the outbreak of the COVID-19 pandemic.
The Non-banking financial sector assets have grown by 14% despite an economic downturn, which translates to N$370 billion as of December 2021.
