Africa Links 24 with Shania Lazarus
Published on 2024-12-19 17:00:00
About 25% of Namibians who earn an income can only afford to spend N$521 on goods and services a month, a research firm has said.
Meanwhile, 1% of income earners can afford to spend 76 times more (N$40 000 monthly).
Cirrus Capital says ‘income earners’ has been defined as having worked at least one hour in the past seven days for cash or in-kind payments, including subsistence farming for oneself.
Another 25% can only afford to consume N$1 185 while the rest can afford to spend…
Read the Full article on The Namibian
