Category: Markets
Restructuring of Trustco debt garners more than half a billion dollars in new funding for Institute of Open Learning
Trustco’s ordeal to renegotiate its debt agreements with both continental and international...
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Development Bank settles its first issued bond
The Development Bank of Namibia has settled DBN20, the first bond that it issued under its N$2.5...
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Statistics Agency revises 2019 real GDP contraction further down to -1.6%
The economy suffered a larger contraction last year than earlier estimated, according to the...
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Breweries says markets to remain under pressure in the short to medium term given the consumer impact of COVID-19
Namibia Breweries Limited was not able to recover volumes lost during the COVID-19 alcohol bans,...
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COVID-19 knocks Capricorn’s operating profits to N$856.4 million
Listed financial services company, Capricorn Group’s operating profits were significantly impacted...
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Inflationary pressure remains weak in August
Inflationary pressure remained weak after the month of August recorded a slight uptick to 2.4%,...
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Housing index implies property bubble was driven by mortgages
The rate of contraction in house prices is seemingly slowing down. The House Price Index in the...
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Second quarter stats paint a dismal economic picture
Research Analyst at PSG Namibia, Shelly Louw writes in her most recent market overview that a...
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July sees robust lending to individuals as private sector credit continues to stay subdued
The private sector credit extension growth remains subdued at the end of July, down slightly to...
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Central bank throws its monetary weight behind SME financing
The Bank of Namibia this week pledged its support of the Ministry of Finance’s SME Financing...
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Bank Windhoek reduces major lending rates in line with repo rate cut
In response to the reduction in the repo rate as announced by the Bank of Namibia this week, Bank...
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Central Bank cuts repo rate by another 25 basis points
The Monetary Policy Committee of the Bank of Namibia has cut the repo rate by 25 basis points,...
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