(Corrects growth forecasts in first paragraph.)
Namibia’s economy will probably expand 4.4 percent this year after growing 4.2 percent in 2011, Finance Minister Saara Kuugongelwa-Amadhila said.
A slowdown in growth in neighboring South Africa and lower mining output may curb growth this year, she said in a budget speech today in Windhoek, the capital.
The southern African nation’s economy expanded 6.6 percent in 2010, Kuugongelwa-Amadhila said.
To contact the reporter on this story: Chamwe Kaira in Windhoek at firstname.lastname@example.org