Namibia, South Africa urged to boost trade and investment

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Namibia and South Africa have been urged to boost trade and investment and foster stronger business partnerships to address economic challenges and alleviate poverty in both countries.

Namibia and South Africa have a longstanding history of trading relations, primarily due to their economic integration and geographical proximity.

During the period from 2015 to 2017, South Africa maintained a trading balance of N$30 billion per year with Namibia. In the past year, the total trade between the two countries reached N$67.1 billion, encompassing both imports and exports.