28
Oct
Tujoromajo Kasuto NEDBANK Namibia’s Executive for Retail and Business Banking, Richard Meeks, says the Bank of Namibia (BON) has recently given a glimmer of hope that during the second quarter of 2021, activities in the domestic economy have improved, driven by better performance in the tertiary industries. He further notes that the performance reflected in retail for clothing, furniture and vehicles sales that declined due to weak demand, given reduced disposable income that was further compounded by covid-19 measure put in place to curb the spread of the virus. However, he says improvements in the tertiary industries where observed in…