Household debt reaches N$77 billion as borrowing growth slows
By: Hertha Ekandjo Namibia’s household debt stood at N$77 billion by the end of June 2025, marking a slowdown in borrowing as growth eased to just 0.3 percent during the first half of the year. This represents a decline of 2.3 percentage points compared to the previous period, reflecting weaker demand for credit among consumers. According to the Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (NAMFISA) […]