reflecting a slowdown compared to the remarkable 8.5 percent growth recorded in the same quarter of 2022.

Hertta-Maria Amutenja The Namibian economy showed a growth of 3.7 percent during the second quarter of 2023, reflecting a slowdown compared to the remarkable 8.5 percent growth recorded in the same quarter of 2022. Namibia’s nominal Gross Domestic Product (GDP) for the second quarter of 2023 was N$58.6 billion, displaying an increase of N$7.3 billion compared to the same period in 2022. This is according to Alex Shimuafeni, Statistician-General and Chief Executive Officer (CEO) of the Namibia Statistics Agency (NSA), who presented the economic performance report for the second quarter of 2023 this week. He, however, indicated that the real…