TransUnion

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Business / Economics

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.

today17 July, 2024

Opinion Pieces

Building Trust in Business Transactions

    Opinion Piece by Thabo Molefe, Head of Africa Regions at TransUnion for consideration   Operating a business today is almost impossible without the insights and understanding provided by data. Data enables informed decision- making, problem solving, deeper business and customers insights, and enhances operational efficiency and agility. Data, in the context of a credit bureau, has become integral to the success of many financial services organisations across the […]

today15 April, 2024

Local

Navigating the Financial Landscape: Credit Bureau Reports and Scores

    By Patricia Louw, Old Mutual Finance Credit Manager, Old Mutual Namibia   In the ever-evolving world of personal finance, understanding your credit bureau report is vital to making informed financial decisions. Your credit bureau report is a snapshot of your credit history, and it plays a crucial role in shaping your financial future. It is important to investigate the intricacies of credit bureau reports, exploring what they are, where […]

today9 April, 2024