Namibian economy to grow by 3.5 per cent in 2024

NAMPA

2024-12-02

WINDHOEK, 19 September 2019 - Bank of Namibia's Deputy Director for Corporate Communications, Kazembire Zemburuka. (Photo by: Shelleygan Petersen) NAMPA

WINDHOEK, 02 DEC (NAMPA) – Namibia’s economy is forecast to grow by 3.5 per cent in 2024 and 4.0 per cent in 2025, according to the latest Economic Outlook update from the Bank of Namibia (BoN).
The report, released on Monday, outlines global, regional and domestic factors influencing the economy. Global economic growth is expected to decelerate, with world GDP anticipated to dip slightly from 3.3 per cent in 2023 to 3.2 per cent in both 2024 and...

Restricted content

Drought Namibia trade economy

Business

Namibia targets higher mineral beneficiation by 2030

2026-05-13 17:14:32

Namibia targets stronger EU trade

2026-05-13 17:08:05

Huawei sees rising demand for AI-ready data storage in Africa

2026-05-13 15:09:33

Agribank donates farming equipment in Kavango regions

2026-05-13 15:06:40

Namibia’s plot crisis deepens

2026-05-13 15:06:36

Huawei pushes partner-driven digital transformation in Namibia

2026-05-13 14:45:21

Namibia's housing prices sour

2026-05-13 14:28:00

SSC visits Omaheke to inform on training schemes

2026-05-13 10:06:04

Bank Windhoek to host coffee extravaganza

2026-05-13 09:26:53

MTC, NHE partner to advance smart housing connectivity

2026-05-13 08:25:05

Exhibitors highlight opportunities at Namibia-EU business forum

2026-05-13 08:04:18

Latest NAMPA photos

RUNDU, 12 May 2026 - Farming equipment donated by Agribank to two horticulture projects in the two Kavango regions. (Photo by: Sawi Hausiku) NAMPA

NAMPA

KATIMA MULILO, 13 May 2026 - Chairperson of the Liselo-Kamenga Anti-Stock Theft Association in the Zambezi region Vincent Siliye reading a petition during a peaceful demonstration by farmers over the persistent stock theft incidents in the region. (Photo: Michael Mutonga Liswaniso) NAMPA

NAMPA

KATIMA MULILO, 13 May 2026 - A group of farmers in the Zambezi region staged a peaceful demonstration at Katima Mulilo over the persistent stock theft incidents. (Photo: Michael Mutonga Liswaniso) NAMPA

NAMPA

WINDHOEK, 13 May 2026 - First National Bank (FNB) Namibia Market Research Manager Mandisa Van Wyk. (Photo: Contributed) NAMPA

NAMPA

NKURENKURU, 12 MAY 2026- Officials from the Ministry of Environment, Forestry and Tourism met leaders and stakeholders in Nkurenkuru, Kavango West region to gather input on a proposed Wildlife Dispersal Area to boost conservation, tourism and benefits. (Photo: Lylie Joel) NAMPA

NAMPA

WINDHOEK, 07 MAY 2026 - Minister of Environment, Forestry and Tourism Indileni Daniel (L) and the Minister of Home Affairs, Immigration, Safety and Security Lucia Iipumbu (R) officially launched the National Customer Service Excellence Initiative to enhance customer service standards at all ports of entry. (Photo: Contributed)

NAMPA

TSUMEB, 05 May 2026 - Members of the Namibian Police Force and Tsumeb Municipality addressing residents that have occupied land illegally at Kuvukiland location. (Photo: Contributed)

NAMPA

WINDHOEK, 06 May 2026 - Newly appointed Capricorn Private Wealth Head, Elize Smith. (Photo: Contributed)

NAMPA