Namibia Freight Transport and Shipping Report Q4 2017
Namibia's freight modes will have mixed fortunes in 2017. The total trade picture is not verybright although we do envisage that the start of production at the Husab uranium mine will see economicgrowth pick up substantially by the end of the year. Mining remains a key Namibian export opportunity andthe country remains one of the more attractive destinations in the African region from an investmentstandpoint due to its solid infrastructure, openness to trade and strong legal framework.
Latest Updates And Forecasts
Namibia's real GDP growth will rebound in the coming quarters on the back of increasing uraniumproduction and exports, which is welcome news for trade, as well as the various freight modes inNamibia. That said, growth will remain well below the country's previous five-year average on the backof sluggish private and government consumption alongside more limited expansion of fixed investment.