27
Nov
Martin Endjala Ruusa Nandago, an economist at the First National Bank of Namibia, has raised concerns about the growth prospects of the agricultural sector in 2023 due to persistent drought conditions, which are exerting mounting pressure on food prices. Nandago pointed out that the Namibian government officially declared a drought in June and initiated a drought relief program running from October 1, 2023, to June 30, 2024. These drought conditions are expected to significantly impact growth in 2023, affecting agricultural output, employment within the sector, and food prices. The adverse effects of the drought are already evident in the second-quarter…