20
May
Staff writer The country’s construction sector contracted by 11.8 percent during 2020 as activity in this sector declined severely owing to the Covid-19 pandemic, FirstRand Namibia Economist Ruusa Nandago has said. According to the Nandango, the construction sector contracted by 11.8 percent during 2020 as activity in this sector declined severely owing to the Covid-19 pandemic. “The decline was mainly reflected in reduced expenditure by the government on civil engineering works. This was a result of the redirection of funds from the development budget towards Covid-19 related expenditure. Several private sector projects were also delayed during this period owing to…