Namibia growth seen at 5.4%

Published Sep 30, 2014

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Johannesburg - Namibia's economy is expected to grow 5.4 percent in 2014, from an estimated 5.1 percent last year, as upbeat global growth boosts demand for exports such as diamonds, the central bank said on Tuesday.

“Robust growth in the US and positive economic activities in the UK and Spain in the quarter under review augur well for Namibia's economic performance, particularly diamond, beef and fish exports,” the bank said in a quarterly report on its website. - Reuters

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