Browsing: economy

The Namibian economy in 2023 reflected the nuanced dynamics of an emerging market, oscillating between challenges and opportunities post a robust 4.6% GDP growth in 2022.

The African Development Bank notes sustained sluggishness in South Africa’s economy and adjust growth projections downwards.

South Africa is the world’s 25th most populous country with 60.8 million citizens, which represents a “sweet spot” according to the government.

South Africa expects 1.9% GDP growth this year, compared to an estimate of 2.1% issued in February.

The Namibian economy shows signs of recovery following the Covid-19 pandemic as real GDP growth reaches 2.7% in 2021.

In an effort to avoid greylisting, South Africa seeks to fight money laundering, corruption and terror finance.

Mission comes as part of diplomatic expansion Sultan Bin Saeed Al Mansouri, the UAE’s Minister of Economy, is set to…