Namibia's economy has expanded in the third quarter to 7.2%, compared to 5.4% in the corresponding period last year.

The growth is attributed to the mining and quarrying sector, which posted a phenomenal 51.7% growth in real added value.

This is revealed in the third quarter report of the Namibia Statistics Agency (NSA).

The highest revision of the third quarter was mining and quarrying, which recorded a robust growth of 20.3 percentage points, surpassing the 30.6% growth during the same period in 2022.