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Maroc Maroc - NAMIBIAN.COM.NA - A la Une - 17/Aug 06:00

N$14,2 billion leaves Namibia to South Africa

Capital outflow from Namibia to South Africa since January amounts to N$14,2 billion. This is a N$3,6-billion increase compared to last year. Johannes !Gawaxab, the governor of the Bank of Namibia, says this is mostly due to the interest rate differential with South Africa. He says capital outflow is largely recorded in payments for import […]

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