Private Sector Credit Hits 2-Year High Amid Business Confidence

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:

Written by: Leonard Witbeen

4.1% growth Almandro Jansen corporate lending credit dynamics Credit Extension economic confidence Economic Growth fastest pace financial market trends household credit demand January 2025 Local Private Sector Credit Extension Namibia Economy Simonis Storm subdued demand

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Economist warns of infrastructure investment sustainability

(Contributed Photo of Floris Bergh) By: Hertha Ekandjo Capricorn Group's chief economist, Floris Bergh, recently addressed concerns regarding the sustainability of large-scale infrastructure projects in Namibia. Bergh emphasized that while infrastructure development is crucial, the financial challenges associated with these investments remain a serious concern. Speaking at the recent budget […]

March 26, 2025 12