A total of 971 new vehicles were sold in October, representing a 20.5% m/m increase from the 806 vehicles sold in September. Year-to-date, 8,812 new vehicles have been sold of which 3,889 were passenger vehicles, 4,299 were light commercial vehicles, and 624 were medium and heavy commercial vehicles. This is… Continue reading
Overall Private sector credit (PSCE) increased by N$644.5 million or 0.64% m/m in September, bringing the cumulative credit outstanding to N$101.4 billion. PSCE grew at a marginally faster rate of 6.2% y/y in September compared to 6.1% y/y in August. On a rolling 12-month basis N$5.95 billion worth of credit… Continue reading
A total of 202 building plans were approved by the City of Windhoek in September. This is a 4.7% increase in the number of plans approved on a monthly basis when compared to the 193 building plans approved in August. In monetary terms, the approvals were valued at N$432.2 million,… Continue reading