The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

RADIO BULLETIN NO: 06 FOR 15H00

Contributed by NAMPA.

HERE IS TODAY’S BULLETIN FOR 15H00
WEDNESDAY, 22 NOVEMBER 2017
NAMIBIA PRESS AGENCY

1 (WINDHOEK, 22 NOV (NAMPA) – Minister of Economic Planning, Tom Alweendo said the economic development of Africa has been impeded by illicit flow of funds from the continent.

Alweendo noted that Africa is estimated to be losing more than U.S.dollars 50 billion annually through illicit capital outflows, which he said equates to about 2% of the continent’s total GDP in nominal terms.

 

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