Africa Links 24 with Staff Reporter
Published on 2025-05-09 16:00:00
Namibia’s import value increased to N$12.8 billion in March this year rebounding from N$12.2 billion in February.
According to Simonis Storm economist Almandro Jansen this growth was primarily driven by a significant rise in petroleum oil imports, which increased by N$999 million, alongside increases in precision instruments, industrial machinery, maize and tractors.
“The import composition continues to reflect structural dependencies on energy products, transport equipment and…
Read the Full article on The Namibian
