Livestock and crop farming are expected to drive growth of 1.2% in the agriculture and forestry industry next year, the Bank of Namibia (BoN) has said.

Releasing its 2012 economic outlook, the BoN said growth of 0.6% is forecast for the sector for 2011.

“Live cattle exports slowed down in 2011 due to foot and mouth disease suspicions in the Omaheke and Otjozondjupa regions. This setback was, however, offset by an increase in prices, which enticed farmers into selling, thus increasing production.

“Going forward, it is expected that farmers will restock due to overselling in 2011 and the expected good rainfall in 2012,” the BoN said.

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