The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Primary industries expected to lead economic recovery: BoN

Primary industries expected to lead economic recovery: BoN

Written by Rodney Pienaar on 01 March 2021.

WINDHOEK, 01 MAR (NAMPA) - Primary industries are expected to lead Namibia’s economic recovery, with robust growth rates projected for 2021 and 2022, according to the Bank of Namibia’s economic outlook report for February 2021.
The report, released on Friday, indicated that primary industries are projected to expand by 5.0 per cent and 8.6 per cent in 2021 and 2022 respectively, from an estimated contraction of 7.5 per cent in 2020.
“This will be led by improved growth rates for the agriculture, forestry an ...

Subscribe