08
Sep
Chamwe Kaira NedNamibia Holdings (NNH) Group, the mother company of Nedbank Namibia expect the South African economy will expand by a lacklustre 0.3% in 2023, firming to only 1% in 2024. Namibia will fare better, but we still forecast economic growth to dip from 4.6% in 2022 to 3% in 2023 and 3.4% in 2024. This was revealed in interim results for the six months ended 30 June 2023. The results showed that headline earnings increased to N$241 million from N$ 118 million in June 2022. This increase was mainly attributed to the upward trend in the endowment benefits experienced…