06
Feb
Martin Endjala During December 2023, the country’s trade balance stood at a deficit of N$299 million, which is an improvement compared to N$4 billion and N$1.4 billion recorded in November 2023 and December 2022, respectively. This was revealed yesterday by Namibia Statistics Agency (NSA) Statistician-General and Chief Executive Officer Alex Shimuafeni. According to the report, Namibia’s trade composition showed that Botswana emerged as Namibia’s largest market for exports, while South Africa maintained its position as the country’s main supplier. The composition of the export basket for December 2023 mainly comprised minerals such as Precious stones (diamonds), Non-monetary gold, and Uranium.…