Forestry and Tourism Pohamba Shifeta

Tourism sector forecasts N$20 billion loss

Tourism sector forecasts N$20 billion loss

. . . as government continues to delay N$400m subsidy Andrew Kathindi Minister of Environment, Forestry and Tourism Pohamba Shifeta has said that the tourism sector could lose at least N$20 billion in anticipated revenues and fixed assets by the end of 2020 due to the global lockdown caused by the COVID-19 pandemic. Namibia has received no inbound tourists since international borders of all countries were virtually closed to combat the spread of COVID-19. The Minister has told the Windhoek Observer that he believes that it is most likely that the tourism sector in Namibia will pick up only after…
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