section_path: Impact by region or country/Africa/Namibia
section_name: Namibia
paragraph_text: Namibia
  
  Namibia's central bank sees the nation's economy shrinking by 6.9% This will be the biggest shrink of GDP since its independence in 1990. The tourism and hospitality industries has accounted for N$26 billion being lost as 125,000 jobs were affected. The central bank also announced that the diamond-mining sector will decline by 14.9% in 2020, while uranium mining may shrink 22%.