03
Oct
Staff Writer The performance of the domestic economic activity has improved during the second quarter of this year despite elevated inflation, tighter financial conditions, economic downturns in China and Russia, and weaker consumer spending in the USA. According to Bank of Namibia’s (BoN) Director of Strategic Communications and International Relations Kazembire Zemburuka, the mining sector and agricultural sector showed improved performances. “During the second quarter of 2022, activity in the domestic economy increased, supported by the primary and tertiary industries. Available indicators show that the improved activity was particularly reflected in the mining sector, where the production of most key…