Vehicle sales for September declined by 12.2 % year-on-year in September 2021, compared to a growth of 30. 2% y/y in August 2021.
Vehicle sales were mainly driven by extra-heavy commercial, up 52.6% y/y , with passenger vehicles up 36.7% y/y.
According to Simonis Storm ,Vehicle sales are still trending below the long run monthly average of 1,218. Since the V shaped recovery seen last year , monthly vehicle sales have averaged 755.
Mobile Telecommunications Company (MTC) and Namibia Water Corporation Ltd (NamWater) have signed a cooperative agreement aimed at jointly leading the envisioned digital transformation of Namibia’s water sector. Under...
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At least 40,000 small and medium enterprises (SMEs) are operating in the country supporting over 200,000 Namibians and contributing approximately 12% to gross domestic product (GDP), an official...
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Namibia Securities Exchange (NSX) has announced an initiative to provide Legal Entity Identifiers (LEIs) across Africa on pTools LEILex platform. pTools LEILex platform is an LEI affiliate solution...
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The Development Bank of Namibia (DBN) partnered with Eos Cares to host a private equity bootcamp, equipping local small and medium-sized enterprises (SMEs) with financial knowledge to support...
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The Bank of Namibia (BoN) is taking decisive steps to control high cross-border payment costs and improve transaction speeds, aiming to enhance Namibia’s regional and international trade competitiveness....
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