Namibia: Low Metal Prices May Hit Economy

DECLINING metals prices is one of the potential dangers to economic growth this year. Namibia exports copper and zinc among other metals.

"The key risks to the outlook include both the high debt levels and unemployment rates in developed economies, coupled with decreased commodity prices. The latter might negatively affect Namibia's exports, going forward," said deputy Governor of the Bank of Namibia, Ebson Uanguta when he released the 2014 quarterly report this week.

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