Overall Total credit extended to the private sector increased by N$949.4 million or 1.2% in August, taking total credit outstanding to N$83.2 billion. On an annual basis, PSCE growth slowed down further, increasing by 10.8% in August compared to 11.1% in July. A total of N$8.1 billion worth of credit… Continue reading
A total of 1,369 vehicles were sold in August, 12.8% less than the number of vehicles sold in July and 14.1% down compared to the number of vehicles sold in August 2015. Since January this year, 11,806 vehicles have been sold, down 18.7% from the number of vehicles sold over… Continue reading
The Namibian annual inflation rate slowed down to 6.8% in August, down from 7.0% in July. On a month on month basis, prices continued to rise, up 0.2% after the 0.6% uptick seen last month. On a year on year basis, five of the basket categories increased at a faster… Continue reading