The Namibian annual inflation rate accelerated to 7.0% in July, up from 6.7% in June. On a month on month basis, prices continued to rise, up 0.6% after the 0.3% uptick seen last month. On a year on year basis, half of the basket categories grew at a slower pace… Continue reading
*Excluding walls and pools A total of 108 building plans worth N$155.7m were approved by the city of Windhoek in June. On a year-to-date basis, 843 plans have been approved, significantly fewer than the 1,317 plans approved over the same period last year. In value-terms, approved plans on a cumulative… Continue reading
Overall Total credit extended to the private sector expanded N$945.7 million or 1.17% in June, taking total credit outstanding to N$81.9 billion. On an annual basis, PSCE grew by 12.1% in June, a significant increase from 11.2% growth recorded over the preceding month. A total of N$8.9 billion worth of… Continue reading