josefina oskar

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Business / Economics

Domestic Growth Slows Amid Manufacturing and Mining Weakness

The domestic economy is forecast to slow to 3.0% for this year before recovering to 3.9% in 2026, hindered by a 4.6% contraction in manufacturing and a 0.1% decline in primary industries. Persistent drought, reduced livestock and diamond output, and falling SACU and diamond revenues pose additional risks, according to Josefina Oskar from the Bank of Namibia. Adding that, on the global front, growth is slowing: advanced economies remain stagnant at 1.6%, emerging markets show slight moderation, while Sub-Saharan […]

today1 December, 2025

Business / Economics

Bank of Namibia Engages MPs on Economy and Reform.

The Bank of Namibia, led by Governor Johannes !Gawaxab and Deputy Governor Ebson Uanguta, held a statutory engagement with Parliament’s Standing Committee on Economy and Industry, Public Administration and Planning. The meeting focused on regulatory reforms, economic resilience, and financial inclusion, with updates on inflation and consumer protection. Josefina Oskar from the BoN.   

today26 June, 2025