236 jobs have been lost in the construction, wholesale and retail sectors from April to the end of June. The Namibia Statistics Agency's figures on Namibia's gross domestic product during the first quarter of the year indicated that by the end of the first quarter of 2019, the economy had contracted by 2%, compared to its size a year earlier.
Job Losses Continue As Economy Struggles
Namibian, 14 August 2019
The construction, wholesale and retail sectors continue to feel the pinch of the limping economy, with 236 jobs having been lost in these sectors from April to the end of June. Read more »
Escalating Job Losses to Ripple Through Domestic Economy - Schade
New Era, 1 February 2019
The latest data from the Ministry of Labour, Industrial Relations and Employment Creation indicates that during the second half of 2018 close to 2 500 people were retrenched from… Read more »
Although there was hope that Namibia would regain a positive investment grading, ratings agency Moody's has rated the Namibian government as speculative, reflecting that although ... Read more »
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