insert_link Business / Economics Domestic Economy Expands 1.9 Percent in Q3 The domestic economy grew by 1.9 percent in the third quarter, slightly below last year’s 2.1 percent, driven mainly by a 4.1 percent rise in the services sector. Financial services and wholesale and retail trade supported growth, reflecting continued but moderate economic momentum. Economist Almandro Jansen commented on the latest figures. today23 December, 2025
insert_link Business / Economics Inflation Inches Up to 3.4 Percent The Namibia Statistics Agency’s Mirjam Shihepo reports that headline inflation in November 2025 rose to 3.4 percent from 3 percent in November 2024. Monthly inflation stayed at 0 percent, with Zone 1 recording the lowest annual rate at 3.3 percent, while Zone 2 and Zone 3 both registered 3.4 percent. Shihepo has more. today5 December, 2025
insert_link Business / Economics Namibia’s trade deficit improves in December 2024 Namibia’s trade balance showed a notable improvement in December 2024, standing at a deficit of N$119 million. This marks a significant reduction from the previous month's deficit of N$5.5 billion and December 2023’s deficit of N$969 million. According to the Namibia Statistics Agency's latest Trade International merchandise trade bulletin, South Africa continued to be Namibia’s largest import market, while China remained the top destination for Namibia’s exports. […] today6 February, 2025
insert_link Business / Economics Economic Growth Slows As Inflation Declines According To BoN Josefina Oskar from the Bank of Namibia reported that the economy grew by 2.8% in Q3 of this year, slower than the 3.1% in the same period last year. The decline was mainly due to weaker agriculture and mining sectors, while manufacturing and construction saw growth. Inflation eased to 4.1%, with the headline rate dropping to 3.0% in October and November. today18 December, 2024
