Geingob laments trade deficit with SA

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Frank talk… President Hage Geingob gestures while addressing a media conference at State House on the teachers’ wage demand, the country’s economic rating and his trip to the United States of America.

President hage Geingob has lamented the fact Namibia’s trade with South Africa has disproportionately tilted in favour of the African economic powerhouse with Namibia’s exports to South Africa in 2014 at N$8 billion compared to Namibia’s imports from that country recorded at N$51 billion over that period.

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