Manufacturing Boost

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Business / Economics

Private Sector Credit Growth Accelerates to Pre-Pandemic Levels .

Private sector credit grew by 5.7% year-on-year in June, up from 4.1% in May—the fastest pace since early 2020. Corporate credit surged 10.6%, fueled by strong activity in mining, energy, retail, and manufacturing sectors. Overdrafts jumped 17.4%, driven largely by real estate development and rising consumer demand, explained Simonis Storm economist Almandro Jansen.

today5 August, 2025

Interview Transcripts

Interview: Josef Sheehama Calls for Namibia to Join BRICS to Boost Economic Growth and Industrialization

Economic expert Josef Sheehama made a strong case for Namibia to join the BRICS bloc, describing it as a smart and strategic move for the country’s future. Speaking about the fragile global economic and political environment, Sheehama stressed that Namibia can no longer afford to remain neutral but must diversify its international alliances and rebalance traditional ties to reduce dependence on partners who may not fully support its interests. Sheehama […]

today16 June, 2025