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    Josia Shigwedha

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    Josia Shigwedha

business finance

2 Results / Page 1 of 1

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Business / Economics

Credit Growth Holds Steady at 5.7%

Private sector credit growth stayed unchanged at 5.7% year-on-year in July 2025, the fastest pace since early 2020. Simonis Storm analyst Thazwill Thompson says this stability points to a consolidating credit cycle, with corporate demand easing while household uptake shows modest recovery. 

today4 September, 2025

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Business / Economics

Bank Windhoek Warns Against Poor Financial Planning

  Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions.

today5 February, 2025