Namibia's construction sector still on mute - Ekonomie
PHILLEPUS UUSIKU Land delivery was one of the challenges pointed out in the recently released First National Bank (FNB) residential property report. According to the report, for the first quarter of 2021, overall growth in land sales has continued to disappoint on the downside, reaching an annual growth of 4.4% from 85.5% recorded a year earlier. The worst performers in this regard were the central and southern regions, which registered contractions of 36.18% and 23.6% year-on-year, respectively. On the upside, the coastal and northern regions showed growth in land sales of 11.9% and 1.1% y...