Highlights of Credit and Finance

February 23rd, 2016

Namibia: Used Vehicle Market Gains Momentum

WesBanks information for January 2016 shows that 70 % of all applications gotten were for used cars, with 30 % of candidates seeking to buy brand-new. New car financing application volumes decreased 6.4 %, year-on-year, while development of 2.8 % was seen in used vehicle financing applications. WesBank anticipates a continued shift to the utilized […]