insert_link Business / Economics South Africa Remains Top Partner in Trade The national trade balance for July showed a deficit of N$58 million, reversing the N$856 million surplus seen a month earlier. Despite this, the figure is far better than the N$2.0 billion shortfall posted in July 2024. According to the Namibia Statistics Agency, South Africa remains the country’s most significant trading partner. Mirjam Shihepo from NSA: today5 September, 2025
insert_link Business / Economics Trade deficit reaches N$3.6 billion in August 2024 The Namibia Statistics Agency has reported a trade balance deficit of N$3.6 billion in August 2024 which is an increase from N$2.1 billion in July and a decrease from N$4.9 billion in August 2023. Exports were adjusted upward by N$7 million, while imports decreased by N$1 million, mainly due to higher export values of fish and precious stones, according to Namibia Statistics Agency spokesperson Mirjam Shihepo. today2 October, 2024
insert_link Business / Economics South Africa’s current-account deficit narrows South Africa’s current account deficit narrowed more than expected in the second quarter as the rand price of exported goods and services increased more than that of the imports gap on the current account. The South African Reserve Bank on Thursday said that the broadest measure of trade in goods and services shrank to 0.9% of GDP, or 64.6 billion rand, down from a revised 1.5% of GDP in the […] today5 September, 2024
