Overall Private sector credit (PSCE) rose by N$342.9 million or 0.3% m/m in July, bringing the cumulative credit outstanding to N$116.2 billion. On a year-on-years basis, private sector credit grew by 10.6% y/y. Normalising for the large increases in claims on non-resident private sectors observed between January and March this… Continue reading
A total of 296 building plans were approved by the City of Windhoek during July, representing a 30.4% m/m increase from the 227 building plans approved in June. In value terms, the approvals were valued at N$282.0 million, an increase of 138.5% m/m from a downward revised N$118.2 million in… Continue reading
A total of 677 new vehicles were sold in July, representing a 22.4% m/m decline from the 872 new vehicles sold in June, and a 15.3% y/y drop from the 799 new vehicles sold July last year. Year-to-date 5,864 vehicles have been sold of which 3,055 were passenger vehicles, 2,442… Continue reading