Overall Total credit extended to the private sector increased by N$1.486 billion, or 1.9%, in November 2015, taking total credit outstanding to N$78.2 billion. On an annual basis PSCE growth slowed slightly from 14.9% in October to 14.5% in November. A total of N$10 billion worth of credit has been… Continue reading
The Namibian annual inflation rate decreased slightly to 3.3% in November, down from 3.4% in October. On a month on month basis prices rose by 0.2% again when compared to October. On a year on year basis, the basket categories food and non-alcoholic beverages, health and communication grew at a… Continue reading
Following major debt issuance and the depreciation of the rand on unhedged Government debt, Namibia’s debt to GDP ratio looks set to reach and possibly surpass 35% by the end of 2015. 2015 will be a year for the books as far as Namibia’s debt is concerned. In the space… Continue reading