15
Aug
CHAMWE KAIRA The diamond mining sector is expected to register a contraction during 2024 and relatively low growth rates during the remainder of the forecast period, mainly due to weakened global demand and shifting of demand from natural diamonds to lab-grown diamonds, based on the latest Bank of Namibia latest statistics. The central bank added that growth of the uranium mining sector is expected to slow in 2024 on account of stripping activities at some of the mines. Uranium growth is then anticipated to increase in 2025, supported by improved spot prices. The agriculture, forestry and fishing sector is projected…