insert_link Business / Economics Inflation Slows as November Shows Price Stability Headline inflation eased to 3.4% in November from 3.6% in October, approaching the 3.0% recorded a year ago. Month-on-month prices remained unchanged following a 0.5% rise in October due to temporary utility hikes. For the year, inflation averages 3.9%, higher than 3.3% in 2024, driven by cost pressures in housing, utilities, and food. Economist Almandro Jansen of Simonis Storm comments on the trends. today9 December, 2025
insert_link Namibia Vehicle Sales Plummet in April 2024, Marking Year’s Lowest Figures In April 2024, vehicle sales plummeted to 899 units, down from 1,451 units in March and 1,004 units in April last year, representing a negative growth rate of 38.0% month-on-month and 10.5% year-on-year. The decline, driven primarily by commercial vehicles, was the lowest monthly sales recorded this year. Simonis Storm Economist, Halleluya Ndimulunde. today21 May, 2024
insert_link Business / Economics March 2024 Vehicle Sales Reach Highest Level Since July 2016 Simonis Storm Economist, Halleluya Ndimulunde, commented on the March 2024 vehicle sales, stating that out of the 1,451 vehicles sold, 1,269 were purchased by dealerships and 182 by rental agencies, with no sales to the government. Commercial vehicles were the main driver behind the surge in sales. today19 April, 2024
