IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%

IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%

The International Monetary Fund (IMF) forecasts economic growth of 2.8% for Namibia in its latest World Economic Outlook, released today. This is unchanged from the IMF’s estimate in October 2022, but a drop compared to the 3.7% the Fund projected last April. The IMF’s latest projection is lower than finance minister Iipumbu Shiimi’s 3.2% which he mentioned in his budget speech at the end of February, as well as the Bank of Namibia’s (BoN) 3.0%…

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TANZANIA MINISTER ORDER REPORT FROM CLASSROOM CONSTRUCTION

TANZANIA MINISTER ORDER REPORT FROM CLASSROOM CONSTRUCTION

The minister of state in Tanzania, Innocent Bashungwa has ordered all Regional Commissioners (RCs) to submit reports over construction of 15,000 classrooms using Covid-19 relief funds by Tuesday this week. The aim of the classroom construction is to improve learning environment and control spread of the Covid-19 as about 15,000 classroom is planned for construction. We all know how terrible the Covid-19 pandemic has hit the eductaion sectors so the construction of more classroom is…

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