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Namibia copes with drought

04. November 2016, inke - Economics

Namibia has been hit hard by severe droughts over the last three years. Crop harvests have reduced as a result, cattle and other livestock died. Even wild animals compete for dwindling water resources and grazing. There is good news however - the latest weather forecasts at the end of October point to a higher likelihood of normal rainfalls during the October 2016 to April 2017 season, according to the FAO. Central Namibia and the capital Windhoek are also affected. While some rainfall was received, the rivers in and around Windhoek hardly flowed and the dams have not received inflow.

Namibia copes with drought

Namibia: economic review - October 2016

31. October 2016, inke - Economics

This review highlights interesting developments about Namibia’s economy during the month of October 2016. The main topics: 
Fiscus cuts budget - Finance Minister Calle Schlettwein announced budgetary cuts of some N$5.5 billion for the current financial year, which runs from April 2016 to March 2017.
Marketing Namibia in the US - Namibia’s President Hage Geingob returned from his USA trip in early October. Apart from attending the UN General Assembly in New York, President Geingob hosted several business events in New York and in Washington.

Namibia: economic review - October 2016

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