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 ...

The declaration of next Wednesday as a public holiday for the regional council and local authority elections has faced criticism from several political parties, who say the decision could further ...

Namibia’s upcoming Venus offshore oil development could become a key pillar of the country’s economic growth, contributing up to 18 percent of its GDP at peak production. A new Draft Environmental and ...

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

Namibia's central bank said on Wednesday that its governor, Johannes !Gawaxab, would leave his position at the end of the year.

BME Namibia is building its local skills, technical capacity and supply chain to consolidate and grow its position in Namibia’s mining sector, according to Albie Visser, BME’s general manager for ...

Namibia Air has been selected as the name of the country’s proposed new national airline, with a targeted launch in the next ...

By John SteytlerMD of R&J Steytler.Namibia is at the precipice. The numbers are stark, the trends alarming, and the urgency undeniable. According to Cirrus Capital’s Robert McGregor, the number of ...

Content provided by APO Group. CNBC Africa provides content from APO Group as a service to its readers, but does not edit the articles it publishes. CNBC Africa is not responsible for the content ...

JOHANNESBURG, Sept 30 (Reuters) - Namibia's economic fundamentals remain sound, but the recovery may be negatively affected by lower global demand, said central bank deputy Governor Paul Hartmann.

Namibia’s economy is likely to expand this year, driven by growth in the mining sector, after a projected 1.7% contraction in 2019, central bank governor Ipumbi Shiimi said on Wednesday. Shiimi said ...