The City of Windhoek approved a total of 232 building plans in August, representing a 21.6% m/m decrease from the 296 building plans approved in July. In value terms, the approvals were valued at N$226.3 million, a 19.8% decline from the N$282.0 million approved in July. So far in 2022… Continue reading
1,051 new vehicles were sold in August, representing a 55.2% m/m increase from the 677 sold in July and a 37.9% y/y increase from the 762 new vehicles sold in August 2021. Year-to-date 6,915 new vehicles have been sold, of which 3,574 were passenger vehicles, 2,907 light commercial vehicles, and… Continue reading
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