Namibia recorded a 34% decline in business registrations over the past year, reflecting waning entrepreneurial activity, according to the Bank of Namibia. The downturn signals economic challenges, despite growth in key sectors like tourism and digital communications. Tourist arrivals increased by 13.9%, while internet data consumption grew by 14% year-on-year. Policymakers are encouraged to address structural barriers hindering entrepreneurship and build on the resilience of thriving@ industries. Read more: https://lnkd.in/dsbBmz8K #Namibia #BusinessRegistrations #TourismGrowth #DigitalTransformation #EconomicRecovery #Entrepreneurship #EconomicPolicy
