The Bank of Namibia (BoN) says the country’s economy is expected to slowdown to 3.4% in 2024, citing weakened primary and secondary sectors partly attributed to uncertain weather patterns. Apex bank Governor, Johannes !Gawaxab said going forward, GDP growth is projected to decelerate from a revised 6.4% in 2022 to 3.9% in 2023 and further down...
KPMG has downgraded its growth forecast for Nigeria’s economy in 2023 from 2.85 percent earlier projected to 2.65 percent. The professional services firm said the revision is premised on various considerations including the impact of the recent removal of subsidy on petrol. Ajeck Mangut reports from Abuja. The post KPMG downgrades Nigeria’s growth forecast first appeared...