The government's real estate market, severely impacted by the coronavirus outbreak in the previous two years, is now recovering, according to FNB Namibia. According to Frans Uusiku, FNB Marketing Intelligence Manager, "Rental development in Namibia is once more back on is on an upward track, recording lesser decreases over time, as the effect of Covid-19 begins to cool-off, paired with the re-opening with...
The Namibian real estate sector was formerly a pillar of the country's economy. It peaked in 2014 when Namibia achieved the country's second house inflationary pressures behind Dubai1. Significant international real estate investments were placed in the nation during this time, which enabled the economy to remain strong. Every peak, however, is followed by a drop. Several elements caused a fall in the real...
According to The Wall Street Journal, Namibia is one of many nations looking to profit from the renewables boom. It is establishing itself as a pioneer in the developing market for green gas. Many scientists feel that green gas, a carbon-friendly harmless gas created using sustainable power, can provide an important part in reaching a green gas-neutral industry by 2050, assisting in the fight against...
Ratings published by Fitch downgraded Namibia in the Long Term Foreign Currency Issuer Default Rating (IDR) from BB+ to BB, which explains the outlook's stability. Key Drivers Of The Ratings As a consequence of declining growth rate and fiscal measurements, these metrics have reflected Namibian ratings' downgrading. With the decline in the macroeconomic environment, Fitch Ratings has decided to...
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