Fuel Imports

1 Result / Page 1 of 1

Business / Economics

Trade surplus signals turnaround for local economy

Port of Walvis Bay   The trade sector swung dramatically into positive territory in May, posting a surplus of N$121 million, the first surplus in nearly five years and a strong reversal from April’s N$1.8 billion deficit. Simonis Storm Economist Almandro Jansen attributes this turnaround to a sharp rebound in mining exports coupled with subdued fuel imports, a combo he says indicates increasing stability in the country’s external trade.    […]

today8 July, 2025