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
A total of 1,721 new vehicles were sold in Namibia during November. New vehicle sales decreased by 13.6% year on year and decreased 2.6% month on month. At this point of the year, 19,663 vehicles have been sold so far in 2015, down 2.3% on the comparable period of 2014…. Continue reading