insert_link Business / Economics 13 May 2024 Morning Biz News: Namibia Sees Sharp Decline in Private Sector Credit, Rand Stable Ahead of U.S. Data Release, Oil Prices Slide Amidst Economic Concerns: Financial Update Private Sector Credit Disbursements in Namibia Witness Sharp Decline: Official data has revealed a significant downturn in private sector credit disbursements in Namibia over the past year. The figures indicate a notable 65.7% decrease, with disbursements totaling N$1.44 billion compared to N$4.21 billion issued during the preceding equivalent period. The normalized cumulative credit outstanding, excluding interbank swaps and accounting for non-resident private sector claims, stands at N$112.7 billion, as reported […] todayMay 13, 2024 17