The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has revealed that Members of Parliament are set to receive a pension-backed home loan after entering into an agreement with Standard Bank.

Namibia's credit market saw a modest uptick in the third quarter of 2023, with total credit extended reaching N$357.1 billion, latest data shows. 

An Old Mutual Financial Services Monitor (OMFSM) report estimates that approximately 40% of working Namibians currently hold personal loans.

Of Windhoek's eight popular grocery supermarkets, Choppies offers the cheapest basket of standardised groceries.

Prime Minister Saara Kuugongelwa-Amadhila has implored financial and insurance companies to be transparent and truthful with their clients.

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