Namibia

Business Confidence Climbs Amid Improved Credit Access

today29 October, 2024

Background

The latest Standard Bank Afrotrade barometer indicates a rise in local business confidence, with the index score increasing from 58 to 59 out of 100 since May 2023. As per The Brief, this boost is largely due to improved access to credit, as only 39% of surveyed businesses reported challenges in securing credit, a slight improvement from 42% reported in May 2023.

Written by: Leonard Witbeen

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