The controversy surrounding Namibia breaking the peg arrangement with South Africa can lead to hyperinflation, analysts have warned.If the peg breaks, considering that Namibia is.
Interest rates are going up again, and more than 680 000 commercial bank clients with loans will be forced to look for an extra 50 cents per N$100, as interest rates reach an all time high since 2009.
Like commercial banks, retail shops are now also taking a conservative approach to who they allow to buy on credit, as the cost of living and interest rates continue shooting up.
Like commercial banks, retail shops are now also taking a conservative approach to who they allow to buy on credit, as the cost of living and interest rates continue shooting up.
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