Vehicle Sales Support Overall Economic Improvement

Namibia's new vehicle sales have maintained the recovery started in H209, in line with BMI's move to revise its economic growth forecast for the country from 3.1% to 3.6% . Total vehicle sales of 6,448 units are already at two-thirds the full-year total for 2009 of 9,985 units. Increased activity in the mining sector and rising commodity prices have contributed to an upswing in private

To read the full article, please choose one of the following options: