economy

The Very First Federal Bank of Namibia has reported the lowest yearly growth rate ever for housing prices, 3.7 percentage year over year. The quantity index saw a growth of 27.4%; this gain was mostly brought on by the acquisition of reduced homes, which has increased demand for property in Namibia. Because of the global epidemic that the nation is still recuperating from, the decline in housing prices...

The Namibia Estate Agents Board (NEAB) has worked hard to finish the Namibia Property Practitioners Bill. "The Bill is meant to reshape the environment of the real estate market by building a suitable organizational and administrative structure relevant to contemporary circumstances," said trade minister Lucia Iipumbu this week during an information exchanging roadshow session for property managers in...

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...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...