National

Home National
African airlines set to post N$11bn loss
Post

African airlines set to post N$11bn loss

African airlines are expected to post a loss of US$638 million (over N$11 billion) in 2022, narrowing to a loss of US$213 million in 2023. This is according to the latest figures released by the International Air Transport Association (IATA). 

Domestic growth  for 2022 driven by diamond mining
Post

Domestic growth for 2022 driven by diamond mining

The domestic economy is projected to improve in 2022 before moderating in 2023. The latest economic outlook from the Bank of Namibia (BoN) shows that the country’s real GDP growth is estimated to increase to 3.9% in 2022 before moderating slightly to 2.7% in 2023, the same as that registered in 2021.