Namibian Economy Holding Up

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30 June - Namibia harbour
Port of Walvis Bay, Namibia

All eyes are on the Namibian economy which at the mid-year mark has been holding up relatively well all things considered. The economy has been recovering from the pandemic lows and is starting to open up with growth expected to be an average of 3,5% over the next three years (3.1% in 2023).

The general consensus of economists watching the markets, is that most sectors are gradually improving, although 2022 seems to be the year for the mining sector.

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