Namibia’s annual inflation rate softened to 6.1% y/y in April. On a month-on-month basis, prices in the overall NCPI basket rose by 0.4% m/m, following the 0.6% m/m increase in March. On an annual basis, overall prices in three of the twelve basket categories rose at a quicker rate in… Continue reading
93 additions to properties valued at N$58.7 million received the nod in April. This was 21 fewer and N$4.29 million less than in April 2022. Year-to-date, 412 additions to properties worth N$147.2 million have been approved, representing a 13.8% decrease in number terms and a 45.8% drop in value terms… Continue reading
Overall Private sector credit (PSCE) fell by N$67.1 million or 0.06% m/m in March, bringing the cumulative credit outstanding to N$111.2 billion on a normalised basis (removing the interbank swaps the Bank of Namibia (BoN) accounts for in non-resident private sector claims). On a year-on-year basis, PSCE grew by 3.9%… Continue reading