Namibian economy to grow 2.1% in 2026: BoN

NAMPA
2026-08-10
WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA
WINDHOEK, 10 AUG (NAMPA) – Namibia’s economy is expected to grow by 2.1% in 2026 and by 2.8% in 2027, up from 1.7% recorded in 2025, the Bank of Namibia (BoN) said in its Economic Outlook update released on Monday.
“The projected recovery is underpinned by a rebound in agricultural output on the back of improved early-season rainfall, sustained strength in uranium mining, and continued growth in wholesale and retail trade and construction, notwit...
Restricted content

Latest NAMPA photos

WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

NAMPA
WINDHOEK, 10 August 2026 - TransNamib and Mediterranean Shipping Company (MSC) have taken steps to expand the movement of containerised cargo by rail between Windhoek and Walvis Bay. Pictured here are members of the TransNamib and MSC teams. (Photo: Contributed)

WINDHOEK, 10 August 2026 - TransNamib and Mediterranean Shipping Company (MSC) have taken steps to expand the movement of containerised cargo by rail between Windhoek and Walvis Bay. Pictured here are members of the TransNamib and MSC teams. (Photo: Contributed)

NAMPA
WINDHOEK, 10 August 2026 - Vice-President Lucia Witbooi speaking during the official launch of the REALTEST Project at the University of Namibia. (Photo: Edward Tenete) NAMPA

WINDHOEK, 10 August 2026 - Vice-President Lucia Witbooi speaking during the official launch of the REALTEST Project at the University of Namibia. (Photo: Edward Tenete) NAMPA

NAMPA
NKURENKURU, 10 August 2026 - Ruguru Investment CC on Monday handed over a brand-new classroom block worth over N.dollars 1 million to Kamina Junior Primary School in Kavango West, giving 110 learners from pre-primary to Grade 3 a permanent learning space after years of classes in tents. (Photo: Lylie Joel) NAMPA

NKURENKURU, 10 August 2026 - Ruguru Investment CC on Monday handed over a brand-new classroom block worth over N.dollars 1 million to Kamina Junior Primary School in Kavango West, giving 110 learners from pre-primary to Grade 3 a permanent learning space after years of classes in tents. (Photo: Lylie Joel) NAMPA

NAMPA
WINDHOEK, 10 August 2026 - Justice ministry Executive Director Audrin Mathe receiving a petition from Former Refugees Repatriation Association of Namibia chairperson Matheus Nangolo. (Photo: Contributed)

WINDHOEK, 10 August 2026 - Justice ministry Executive Director Audrin Mathe receiving a petition from Former Refugees Repatriation Association of Namibia chairperson Matheus Nangolo. (Photo: Contributed)

NAMPA
WINDHOEK, 10 August 2026 - Former Ugandan State Minister for Foreign Affairs Henry Okello Oryem pictured with President Netumbo Nandi-Ndaitwah at State House. (Photo: Contributed)

WINDHOEK, 10 August 2026 - Former Ugandan State Minister for Foreign Affairs Henry Okello Oryem pictured with President Netumbo Nandi-Ndaitwah at State House. (Photo: Contributed)

NAMPA
WINDHOEK, 10 August 2026 - Ministry of Health and Social Services Penda Ithindi and CPBN Board Chairperson Mary Shiimi pictured during the signing of the contract to construct a new central medical store (Photo: Contributed)

WINDHOEK, 10 August 2026 - Ministry of Health and Social Services Penda Ithindi and CPBN Board Chairperson Mary Shiimi pictured during the signing of the contract to construct a new central medical store (Photo: Contributed)

NAMPA
WINDHOEK, 10 August 2026 - Mineworkers Union of Namibia (MUN) representatives at the 13th Mining Expo Conference. (Photo: Contributed)

WINDHOEK, 10 August 2026 - Mineworkers Union of Namibia (MUN) representatives at the 13th Mining Expo Conference. (Photo: Contributed)

NAMPA