Namibia's informal economy now contributes 26.5% to the country's gross domestic product (GDP), representing approximately US$13 billion at GDP purchasing power parity (PPP) levels for 2025.

WINDHOEK, Nov. 13 (Xinhua) -- Namibian President Netumbo Nandi-Ndaitwah on Thursday pledged to double the creative sector's contribution to the country's gross domestic product (GDP) from 1.5 percent ...

Namibia's central bank said on Wednesday that its governor, Johannes !Gawaxab, would leave his position at the end of 2025, a year before his term was due to end. !Gawaxab was first appointed in June ...

Namibia's central bank said on Wednesday that its governor, Johannes !Gawaxab, would leave his position at the end of the year. !Gawaxab, appointed in June 2020, steered the Southern African country's ...

Plans for Nigerian billionaire Aliko Dangote's N$2.4-billion oil storage facility at Walvis Bay and a proposed fuel pipeline to Zimbabwe have been met with caution.

Aug 28 (Reuters) - The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual ...

Namibia's Minister of Works and Transport, and Zhao Weiping, Chinese Ambassador to Namibia, attend a ribbon-cutting ceremony ...

The agreement paves the way for major projects across energy, cement and fertiliser production, and infrastructure ...

Tourism is regarded as one of Namibia's key economic sectors that can diversify the economy and create employment, but due to the apartheid legacy the sector is highly dominated by the white minority.

Namibia Air has been selected as the name of the country’s proposed new national airline, with a targeted launch in the next financial year, according to Works and Transport Minister Veikko Nekundi.

WINDHOEK, May 27 (Reuters) - Namibia's economy is likely to contract by 6.6% in 2020 and by 1.1% next year as the COVID-19 pandemic hits economies globally, finance minister Iipumbu Shiimi said on ...