Namibia's export earnings stood at N$8.7 billion in August this year. This figure represents a decline of 12.7% from N$10 billion recorded in July 2024. 

The import bill for the month under review stood at N$12.3 billion. This is an increase of 1.9% from N$12 billion recorded during the preceding month. 

Namibia's borrowing and debt levels have been a concern in recent years, but are now under control and are showing a decline since the beginning of this year.
 
Finance and Public Enterprises Minister, Iipumbu Shiimi, said the country's debt level is still sustainable and within controllable levels.

Street vendors around Windhoek have expressed concern over a decline in business activity during the festive season.

Goods and services typically become cheaper during festive season as retailers offer discounted prices.