Nambia Economy to Increase With Uranium Help

Reuters Africa reported Nambia’s economy is expected to grow up to 4.2% in the next year assisted with an increase in uranium output.

As quoted in the market news:

It expected economic growth to decline this year to 3.8 percent from 6.6 percent last year, due to a fall in mining output. The shaky global economic situation may cut demand for commodities and threaten its 2012 growth prospects, it added.

Click here to read the full Reuters Africa report.