Real Estate and Property in Namibia for Sale and Rent

recession

Shopping malls dead

As the recession continues, consumers are keeping their purses tight and have deserted the shopping malls. The Bank of Namibia data revealed last week that Private Sector Credit Extended increased at a slower pace as consumers kept their distance from credit facilities to avoid spending. The motor industry and the economy as a whole are continuously straggling. Some sectors are affected more than...

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