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Have you changed the way you shop/cook due to the cost of living?

todayJuly 23, 2026

Background

Per Future Media News:

Namibians’ main reason for borrowing money was to buy food. Education, transport, and medical expenses were among the other main reasons.This is according to the 2025 Namibia Financial Inclusion Survey (NFIS) report launched on Wednesday by the Namibia Statistics Agency. The survey targeted people aged 15 and older living in private households across the country.

Food accounted for a total of 51.3% of borrowing, followed by education at 22.1% and transport which came in at 16.4%

NSA Statistician General Alex Shimuafeni said borrowing among adults increased from 42.1% in 2017 to 49.0% in 2025.

Written by: David Bishop


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