Finance
Stay ahead with The Brief's finance news. Explore Namibia's financial markets, investment opportunities, and expert analysis on economic trends.
Private sector credit expansion weakens amid economic uncertainty
Private sector credit extension grew by a modest 1.8% year-on-year (y/y) in July 2024, maintaining the...
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Namibia seeks speedy greylist removal with early FATF report
The Financial Intelligence Centre (FIC) says it is taking a proactive step towards Namibia exiting the...
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FIMA clause mandates minimum N$200,000 is retained for beneficiaries despite policy claims
A clause in the Financial Institutions and Markets Act (FIMA) aims to protect beneficiaries of insurance...
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Insurance policy uptake surges by 22.6% in Q1, down 45.3% y/y
Namibia recorded a 22.6% increase in new insurance policies during the first quarter of 2024, according...
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GCR upgrades ratings of Letshego Namibia to A+(NA)
GCR Ratings (GCR) has upgraded the Namibian national scale long-term issuer ratings for Letshego Holdings Namibia,...
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GIPF identifies 155 members with unclaimed pension benefits
The Government Institutions Pension Fund (GIPF) says it has identified approximately 155 members who have unclaimed...
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Trustco surrenders banking licence to BoN
…BoN says bank is liable to repay all depositors' funds Trustco Group Holdings Limited has exited...
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Debt collectors to be regulated under NAMFISA’s Consumer Credit Bill
The Namibia Financial Institutions Supervisory Authority (NAMFISA) is set to regulate debt collectors through its upcoming...
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EIF, DBN partner to boost climate financing in Namibia
The Environmental Investment Fund of Namibia (EIF) and the Development Bank of Namibia (DBN) have signed...
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