A total of 129 building plans were approved by the City of Windhoek in March. This is a slight decline in the number of plans approved on a monthly basis when compared to the 134 building plans approved in February. In value terms however, approvals increased slightly by N$4.4 million… Continue reading
The Namibian annual inflation rate remained at 3.5% y/y in March, unchanged from February, and significantly down from the 7.0% recorded during the same period last year. Prices increased 0.1% m/m. Of the twelve basket items, four saw a higher annual inflation rate than the previous month, two remained unchanged,… Continue reading
Overall Private sector credit extension (PSCE) increased by N$1.1 billion or 1.2% m/m in February, bringing the cumulative credit outstanding to N$91.6 billion. On an annual basis, private sector credit extension increased by 5.1% in February, a slight uptick when compared to the 5.0% y/y growth recorded in January. On… Continue reading