Finance and Public Enterprises Minister Iipumbu Shiimi says the projected economic recovery is not expected to address pervasive and entrenched national challenges.

Tabling the national budget, Shiimi said it is therefore urgent that Namibia's economy be diversified.

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.

Tourism in Erongo is showing signs of positive recovery, with most hotel establishments reaching an occupancy rate of 59,36 in the fourth quarter of last year, compared to 50,1 percent in 2019.
 

Former President Hifikepunye Pohamba says he is recovering well after he underwent a scheduled surgical procedure at Ongwediva in June this year.