Namibia's economy expected to grow by 4.5 per cent

NAMPA
2025-03-27
WINDHOEK, 27 March 2025 - Minister of Finance, Ericah Shafudah speaks during the tabling of the 2025/26 national budget in Parliament on Thursday. (Photo: Contributed) NAMPA WINDHOEK, 27 March 2025 - Minister of Finance, Ericah Shafudah speaks during the tabling of the 2025/26 national budget in Parliament on Thursday. (Photo: Contributed) NAMPA
OPUWO, 27 MAR (NAMPA) - Namibia’s economy is projected to expand by 4.5 per cent in 2025 and 4.7 per cent in 2026, representing an increase from earlier estimates of 3.7 per cent and 4.4 per cent for the respective years.
This was announced by the Minister of Finance, Ericah Shafudah, during the tabling of the 2025/26 national budget of N.dollars 106.3 billion in the National Assembly on Thursday.
"Domestic economic prospects remain broadly posit...
Restricted content

Latest NAMPA photos

WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

NAMPA
NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NAMPA
NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NAMPA
OTJIWARONGO, 30 January 2026 - More than 150 school principals, teachers and learners from across the Otjozondjupa Region on Friday gathered at Otjiwarongo to launch their 2026 education academic year. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - More than 150 school principals, teachers and learners from across the Otjozondjupa Region on Friday gathered at Otjiwarongo to launch their 2026 education academic year. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

NAMPA