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Local vehicle sales surge in January – SSS analysis

In a recent analysis report released by Simonis Storm Securities (SSS), the beginning of 2024 has marked a promising start for local vehicle sales, reaching the highest figures for January since 2016. According to the report, a total of 1,369 units were sold, with 950 new vehicles sold in January alone, reflecting a notable 13.0%...

Macroprudential Policy: An Analysis of Effectiveness and Interaction in Namibia
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Macroprudential Policy: An Analysis of Effectiveness and Interaction in Namibia

The Bank of Namibia held its Macroprudential Oversight Committee (MOC) meeting on 10 July, to assess risks and vulnerabilities faced by the Namibian financial system. The committee emphasised continued monitoring of inflationary pressures and geopolitical tensions, which have the potential to undermine economic recovery and negatively impact the financial system. The aim of macroprudential policy...