Deputy Prime Minister and Minister of Industrialisation, Mines and Energy, Natangwe Ithete is advocating for a review of policies to ensure that the country and its citizens benefit fairly from their natural resources, rather than relying solely on donations or handouts from the mining sector.
The Minister of Finance has predicted a GDP growth rate of 4.5% this year and 4.7% in 2026.
Ericah Shafudah said the strong growth is a result of activities in the mining sector, as uranium and gold prices remain broadly favourable.
The National Housing Enterprise (NHE) has reported a revenue increase from N$169 million in 2023 to N$229 million in 2024, a 35% rise, according to its 2023/2024 Annual Report launched at its Annual General Meeting in Windhoek.
