TransUnion Study Shows Financial Optimism Among Namibians Despite Current Challenges

TransUnion Study Shows Financial Optimism Among Namibians Despite Current Challenges

A recent TransUnion Quarter 2 Consumer Pulse Study for this year reveals that while Namibian households continue to face financial difficulties, there is optimism about future income prospects. The study indicates that 38% of consumers experienced stagnant incomes and 34% faced decreases, while 28% reported increases. Despite high inflation averaging 5.9% in 2023, 81% of consumers, particularly younger generations, remain hopeful about their financial future.

July 17, 2024 25

World

Beijing hits back at Moody’s gloomier outlook

Beijing says it was "unwarranted and flawed" for the credit rating agency Moody's to give a gloomier outlook on China. Here's Andrew Wood in Hong Kong.

December 6, 2023 14

Opinion Pieces

Boost your credit score understanding

By Bank Windhoek’s Executive Officer of Credit, Eddie King. By Bank Windhoek’s Executive Officer of Credit, Eddie King. Imagine John, a 35-year-old professional. In his 20s, he juggled multiple credit cards, often reaching their limits and only managing minimum payments. By 30, he faced mounting interest, a declining credit score, and challenges securing a car loan. However, after seeking financial counselling, consolidating his debts and adopting disciplined repayment habits, John's […]

October 25, 2023 6