Retail industry records negative growth

Contributed by NAMPA.

WINDHOEK, 16 JAN (NAMPA) – The Wholesale and Retail Trade (WRT) sector in Namibia has recorded various degrees of negative growth for eight consecutive quarters, Policy Analyst at the Namibia Trade Forum Claudia Boamah recently announced in a media statement.
The statement explained that the sector recorded a negative 5,8 per cent in the third quarter of 2018, which is concerning when one takes into account the fact that it has the potential to grow at almost 15 per cent per annum.
It said, a re ...