Botswana's economy is expected to grow by 3.1% next year, as a plodding recovery in diamond demand and other factors gathers pace to fuel a stunning economic rebound in the southern African country.
For the 2025 financial year, Mobile Telecommunications Limited - MTC recorded an impressive 14,4% increase in revenue, growing from N$ 3,2 billion in 2024 to N$ 3,7 billion this year.
President Netumbo Nandi-Ndaitwah said education should not only help individuals but also help the country's growth.
She said this in a speech read on her behalf by the Prime Minister, Elijah Ngurare during the Namibia University of Science and Technology (NUST) 10th graduation ceremony on Friday.
MTC intends to continue as a catalyst for sustained growth in Namibia's creative industry.
This is after another commitment of N$250,000 to the Simply You Magazine Lifestyle and Fashion Awards (SYMLAFA).
An international airport and a dry port are just some of the developmental plans envisioned for the town of Rundu.
This was revealed at the Mayoral Business Forum, a platform that allowed the local business community to explore opportunities for growth and partnership.
Tsumkwe Constituency continues to face logistical challenges due to poor road conditions and limited transport infrastructure, affecting the economic growth and business operations in the area.
The 3rd Annual Micro Small and Medium Enterprises Forum currently underway in Windhoek aims to attract financial investors to grow MSME on the African continent.
The forum attracted delegates from 55 African Union member states.
The gross domestic product for the first quarter of 2024 indicates exceptional growth in most economic sectors.
This was highlighted in the capital by the Namibia Statistics Agency at the release of GDP for the first quarter of 2024.
The domestic economy is expected to expand by 3.7% in 2024 and is forecast to further grow by 4.1% in 2025, indicating a positive trajectory for the country's economic landscape.
Financial instability, compounded by low economic growth, is the biggest challenge facing municipalities in southern Africa.
The South African Local Governance Association President, Stofile Bheke, said this while addressing attendees at the Local Economic Development Indaba held at Luderitz.
