Category: Markets
Inflation drops to 3.9% in June
After recording this years’ first lowest rate at 4.1 in May, the inflation rate further dropped to...
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Rental Index records a slower contraction of 3% y/y in May
The FNB Rental Index, that tracks advertised rental prices across the country, recorded a slower...
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New vehicle sales remain under pressure – June sales drop by 7.4%
The National Association of Automobile Manufacturers of South Africa released Namibia’s June...
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Foreign reserves dip slightly in May
The level of international reserves decreased to N$34.1 billion at the end of May from N$34.2...
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Households dominate credit granted to private sector
Credit extended to households remains the biggest component of private sector credit extension...
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Capricorn economist sees local rate cut in August following the South African Reserve Bank’s cue
At least one financial institution expects the central bank to use monetary policy to ease the...
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Namibia’s current account recorded surplus during the first quarter of 2019
The country’s current account recorded a surplus of N$1.1 billion during the first quarter of...
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New bilateral financing agreement with German development bank opens door for parastatals to borrow
The Ministry of Finance signed a new financing agreement with the German Government this week,...
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Economy keeps contracting for first quarter 2019. Fourth quarter 2018 revised down more
The economy continued contracting for the first calendar quarter of this year according to...
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New vehicle sales remain under pressure – analyst
The June fuel price increase, contracting installment credit and the depressed consumer...
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May records lowest inflation so far this year, central bank should consider cutting interest rates – researchers
The month of May recorded the lowest inflation figure for 2019 at 4.1% according to the Namibia...
Read More Repo rate maintained at 6.75%, as economic projections remain weak
The Bank of Namibia kept the Repo rate unchanged at 6.75% this week, as domestic economic activity...
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