the mining industry is expected to grow by 26.2 percent

Mining to spearhead 2022 economic recovery

Mining to spearhead 2022 economic recovery

Tujoromajo Kasuto The Namibian economy is expected to improve this year and 2023 building on the moderate recovery it showed in 2021. Its performance will be aided by improved growth in the mining industry and most tertiary industries. According to the Bank of Namibia's February economic outlook report, diamond mining is predicted to grow substantially in 2022 and 2023, as the new Debmarine N$7 billion mining vessel is expected to begin production in the second quarter of 2022. The diamond mining industry was expected to rise by 2.3 percent in 2021, and then by 26.2 percent and 16.5 percent in…
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