The Namibia Statistics Agency has just released the final national accounts for 2014. As per our expectations, we have seen a major upward revision in the overall real growth rate, from 4.5% to 6.4%, slightly below our forecast of 6.8%. This revision brings both the overall growth level more in… Continue reading
Bidvest Namibia anticipates basic earnings per share (EPS) for the year ended June 30 2015 to be up between 17% and 19% on the previous corresponding period and headline earnings per share (HEPS) for the year ended June 30 2015 to be down between 10% and 12%. The reason for… Continue reading
Private sector credit extension growth slowed to 14.8% in June, from 16.2% in the preceding month, on a year-on-year basis. On a month-on-month basis, credit extension contracted by 0.24%. This is the first time since July 2011 that we have seen a month-on-month contraction in credit extension. This contraction is… Continue reading