Construction contracted by 25.3% year-on-year in the second quarter of this year. The sector has only been able to report positive growth in five of the 26 quarters since the beginning of 2016. In real terms, construction contributed N$444 million to Namibia’s gross domestic product (GDP) in the second quarter, the lowest on the database of the Namibia Statistics Agency (NSA) stretching back to 2013. Photo Unsplash/Shivendu Shukla

Construction contracted by 25.3% year-on-year in the second quarter of this year. The sector has only been able to report positive growth in five of the 26 quarters since the beginning of 2016. In real terms, construction contributed N$444 million to Namibia’s gross domestic product (GDP) in the second quarter, the lowest on the database of the Namibia Statistics Agency (NSA) stretching back to 2013. Photo Unsplash/Shivendu Shukla

Minimum wage in construction increases

October 28, 2022

STAFF REPORTER – The minimum wage payable in the construction sector will increase by 2.6% from N$17.38 per hour to N$17.84 per hour next month.This marks the second year of the collective agreement which had been negotiated between the...
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