In November the City of Windhoek approved 263 building plans, a 3.0% m/m decrease from the 271 approved in October. The total value of approvals decreased by 2.1% m/m to N$216.9 million. On a 12-month cumulative basis, the number of approvals has risen by 9.3% y/y to 2,468 but the… Continue reading
752 new vehicles were sold in November, a 5.3% m/m increase from the 714 sold in October and a 7.4% y/y increase from the 700 sold last November. In November, more passenger vehicles, light commercial vehicles and heavy commercial vehicles were sold than in October. Fewer medium commercial vehicles were… Continue reading
Overall Private sector credit (PSCE) increased by N$700.0 million or 0.66% m/m in October, bringing the cumulative credit outstanding to N$106.4 billion. On a year-on-year basis, private sector credit increased by 2.69% in October, down slightly from growth of 2.74 % y/y in September. On a 12-month cumulative basis N$2.79… Continue reading