The City of Windhoek approved 98 building plans in December, which is a 62.7% m/m decline from the 263 building plans approved in November and 14.8% y/y lower than the 115 approvals in December 2020. In value terms, approvals fell by 46.2% m/m to N$116.6 million. A total of 63… Continue reading
Overall Private sector credit (PSCE) declined by N$305.1 million or 0.29% m/m in December, bringing the cumulative credit outstanding to N$106.4 billion. PSCE increased by just 1.0% y/y in 2021, following an already slow increase of 1.6% y/y in 2020, and the slowest increase on our records dating back to… Continue reading
A total of 734 new vehicles were sold in December, which is 21 vehicles fewer than were sold in November but represents a 4.3% y/y increase from the 704 new vehicles sold in December 2020. Year-to-date 9,428 new vehicles have been sold, which is 23.9% higher than during 2020, but… Continue reading