Namibia GDP growth seen accelerating to 2.2 percent this year: finance minister
By Respect Gwenzi, Feb 12, 2018
Namibia's economic growth is expected to accelerate to 2.2 percent this year from an estimated 1.6 percent growth in 2016, supported by higher commodity prices, Finance Minister Calle Schlettwein said on Friday.
"We expect improvement due to rising commodity prices although some of the revenue increases might be offset by an (unfavourable) exchange rate. There is renewed interest in exploration projects especially Lithium," Schlettwein said.-Reuters
Top Stories
Old Mutual Zimbabwe Costs Group R1.5 Billion in Earnings as Currency Transition Bites
Old Mutual excludes Zimbabwe from the key performance indicators it uses to manage the group, citing barriers to accessing capital through dividends. This means that the group's reported return on net
30 minutes agoZimbabwe Introduces National Standard Price List: All Payments to Suppliers to Be Made in ZiG
Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion, together with the Procurement Regulatory Authority of Zimbabwe, has announced on the 13th of March 2026 a National Standa
1 day ago
