Private sector credit growth hits decade-low in March 2024
The country’s private sector credit extension witnessed a sluggish expansion of 1.3% year-on-year in March 2024, marking a notable deceleration ...
Tag: debt
Namibia ranks 6th in African countries with least debt burden
Namibia has been ranked sixth among African countries with the least external debt burden, latest data from the International Monetary ...
Private sector debt slows to N$121.1 billion in February
Namibia’s private sector debt, including liabilities from households, corporations, and non-residents, surged to N$121.1 billion as of February 2024, recent ...
Understanding the emotional side of debt
Debt is not just a financial issue; it has significant psychological and sociological implications, contributing significantly to individuals' emotional well-being ...
Windhoek implements prepaid meter requirement for debt relief programmeÂ
The City of Windhoek has implemented a requirement for its debt relief programme, making it mandatory for participants to have ...
DEBT | A Financial Advisor’s perspective on strategic borrowing
In the complex landscape of personal finance, the topic of debt often elicits mixed emotions and raises questions about its ...
Namibia’s household debt surges to N$66.8bn in 2023
Namibia’s household debt significantly increased by N$2.1 billion to N$66.8 billion in 2023 from N$64.7 billion in December 2022, recent ...
Windhoek to write off N$524m interest from resident debts
The City of Windhoek is set to write off N$524 million in interest accrued by residents’ debts, providing much-needed relief ...
Namibians grapple with high credit to income ratio amidst economic challenges
The weight of debt is bearing down on Namibians, as they find themselves trapped in a vicious cycle of borrowing ...
