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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

Private Sector Credit Hits 2-Year High Amid Business Confidence

today5 March, 2025

Background

Local Private Sector Credit Extension surged to 4.1% in January this year, its fastest pace since early 2023. The growth is driven by stronger corporate lending, signaling renewed confidence, while household credit demand remains subdued. Almandro Jansen is an economist at Simonis Storm:

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    Private Sector Credit Hits 2-Year High Amid Business Confidence Leonard Witbeen

 

Written by: Leonard Witbeen

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