Included but not yet secure: Financial Inclusion and Household Resilience in Namibia – Simonis Storm
Business Reporter NAMIBIA’S income distribution is heavily bottom-weighted: 54.1% of adults earn N$2,000 or less, and 84.1% earn N$5,000 or less, leaving a thin upper tail. For the economy, this caps the domestic tax base, constrains consumption-led growth, and helps explain why formal saving and insurance uptake lag behind access. This is according to a ... The post Included but not yet secure: Financial Inclusion and Household Resilience in Namibia – Simonis Storm appeared first on Informanté
Business Reporter
NAMIBIA’S income distribution is heavily bottom-weighted: 54.1% of adults earn N$2,000 or less, and 84.1% earn N$5,000 or less, leaving a thin upper tail. For the economy, this caps the domestic tax base, constrains consumption-led growth, and helps explain why formal saving and insurance uptake lag behind access.
This is according to a macro insights report by Simonis Storm Securities, a local equities and wealth management company, which analysed the 2025 Namibia Financial Inclusion Survey released by the Namibia Statistics Agency (NSA).
