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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

Global demand and drought impact GDP

today2 December, 2024

Background

The Bank of Namibia has released the Economic Outlook update for December 2024. The domestic economy is estimated to expand by 3.5 percent in 2024 and 4.0 percent in 2025. However, GDP growth is expected to slow in 2024 due to weaker global demand for minerals and drought-related impacts. Here is Josefina Oskar from the Bank of Namibia.

 

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    New Recording 2 Tonata Kadhila

Written by: Tonata Kadhila

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