The African Civil Aviation Centre of Excellence (CoE) should be able to commence operations in July next year, a feasibility study conducted through collaboration between Tampere University of Finland and the Namibia University of Science and Technology (NUST) has revealed.

Namibia’s trade deficit widened by 17% during the month of August to N$4.9 billion compared to N$3.7 billion and N$4.1 billion recorded in July 2023 and August 2022, respectively, latest data reveals. 

The Bank of Namibia (BoN) says there is need for urgency in improving infrastructure, supporting the informal sector, and reforming existing policy frameworks to boost the country's informal sector economic growth. 

The World Bank forecasts that Namibia's economic growth will slow to 2.8% in 2023, down from 4.6% in 2022.

The Roads Authority (RA) says 87% of the mega-phased Windhoek-Okahandja Road has been completed while the remaining 13% of work will be completed by March next year.

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