A total of 160 building plans were approved in October, 21 building plans less than what was approved in September. In value terms approvals decreased by 24.3% m/m, falling from N$116.88 million in September to N$88.46 million in October. A total of 88 completions to the value of N$51.96 million… Continue reading
1,100 New vehicles were sold in October, a decrease of 3.6% m/m and 6.7% y/y. Year-to-date 11,535 new vehicles have been sold, an 18.6% decrease on October last year. On a rolling 12-month basis 13,878 new vehicles have been sold in Namibia, down 20.6% from October 2016, and down 38.8%… Continue reading
Overall Total credit extended to the private sector increased by N$287.3 million or 0.32% m/m in September, bringing the cumulative credit outstanding to N$88.8 billion. On a y/y basis, credit extended to the private sector rose by 5.24% in September, compared to growth of 6.35% in August. Growth in total… Continue reading