NAMIBIA: ECONOMY IS SET BACK SEVEN YEARS, WHILE CORRUPTION SCANDAL WIDENS

NAMIBIA: ECONOMY IS SET BACK SEVEN YEARS, WHILE CORRUPTION SCANDAL WIDENS

   Wed, 07 October 2020

Namibia’s economy is expected to be set back seven years in 2020 as a result of the pandemic, while living standards will drop to 2010 levels. Such decline already comes off the back of years of low growth and the unearthing of the biggest corruption scandal in the country last year. As a result, growing frustration with the government and long-time ruling party is setting in.



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