Business / Economics

BoN Sees Slower Growth, Launches Data Hub 

today21 August, 2025

Background

The Bank of Namibia projects 3.5% GDP growth this year due to weaker manufacturing and US tariffs on diamonds. Governor Johannes !Gawaxab said gold will be accumulated to strengthen reserves, while Acting Deputy Director Naufiku Hamunime highlighted the launch of the Data Sphere platform for public access to key economic data. 

Written by: Leonard Witbeen