Namibia: Domestic Economy Maintains Positive Trajectory

The domestic economy maintained a positive growth trajectory during the third quarter of 2024 albeit at a slower pace when compared to the same time last year. According to the central bank, Namibia’s economy registered a growth rate of 2.8% during the third quarter of 2024, which is lower than the 3.1% growth recorded in Q3 2023. The moderation stemmed from the primary industry, particularly within the agriculture and mining sectors. In contrast, the secondary industry registered positive growth,…