insert_link Africa SACU revenue at risk as South Africa scrambles to renegotiate with U.S. Namibia is likely to feel the economic aftershocks of the 30% tariff imposed by the United States on South African goods, according to economist Dr. Omu Matundu, who says the move could contract South Africa’s export market and dent Namibia’s revenue from the regional customs pool. South Africa, Namibia’s largest trading partner and the continent’s most industrialised economy, has seen key sectors such as automotive and agriculture directly targeted by […] today1 August, 2025
insert_link Namibia Agriculture Ministry lifts ban on maize and palm product imports The Ministry of Agriculture, Water, and Land Reform has lifted the ban on the importation and transit of maize, maize products, and palm products from South Africa with immediate effect. However, restrictions remain in place for maize seeds intended for planting. The ministry has not provided further details on when or if these restrictions will be reviewed. Ministry spokesperson Simon Nghipandulwa confirmed the decision, stressing that the […] today31 January, 2025
insert_link Business / Economics Namibia’s trade deficit hits N$3.3 billion The Namibia Statistics Agency’s latest International Merchandise Trade Statistics Bulletin shows that during the month of May 2024, the country’s trade balance stood at a deficit of N$3.3 billion, a worsened trade balance when compared to N$3.1 billion and N$2.9 billion recorded in April 2024 and May 2023, respectively. NSA spokesperson, Mirjam Shihepo. Namibia's trade composition by partner showed that South Africa remained Namibia's largest market for both exports […] today2 July, 2024
