In the build-up to the Bank of Namibia’s MPC meeting, we always get a lot of calls from companies, individuals and the media, looking for a view on what the Bank is expected to do. As we usually do, we discussed this in our morning meeting today, and I personally… Continue reading
Overall Total credit extended to the private sector increased by N$653.4 million, or 0.9%, in April 2015, taking total credit outstanding to N$72.7 billion. On an annual basis PSCE growth eased slightly to 16.8% from 17.6% in March, off an ever increasing base. A net total of N$10.8bn worth of… Continue reading
Namibian annual inflation eased further to 2.9% in April, from 3.4%in March. On a monthly basis weighted prices rose by 0.5%. The majority of CPI basket categories saw rates of inflation fall on an annual basis, with Clothing, Health, Hotels and Miscellaneous being the only categories that experienced year on… Continue reading