03
Jul
Martin Endjala Namibian consumers struggle to make ends meet, as the high cost of living continues to affect household finances. Lara Enslin, the chief executive officer at TransUnion Namibia, said on Wednesday that the latest Consumer Pulse Study by TransUnion shows that 49% of Namibian consumers are unable to pay at least one of their current bills and loans in full. Of those consumers, 25% plan to borrow from a friend or family member to help pay some of their current bills and loans. “As a result, many consumers shifted their spending behaviour in the past quarter, including cutting back…
