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Namibia’s small to medium enterprises (SMEs) have so far accessed only 1.28% of the N$500 million Covid-19 loan scheme due to stringent qualifying criteria, high lending rate and poor visibility and reach of the scheme among others, it has been found.

Namibia’s non-bank financial institutions (NBFIs) sector saw its assets stagnating at N$357 billion at the end of the third quarter last year due to weaker performance in the financial markets. 

The Namibia Revenue Agency (NamRA) has collected approximately N$2.8 billion from its customs and excise operations for the 2022/23 financial year from April to December, 2022. 

It is incredible how many people make resolutions about getting themselves into shape when a new year begins. Very few of us, think about the ‘financial hangover’ that we are dragging into a new year and how much getting personal finances back in shape could benefit our lives. 

The Property Practitioners’ Bill is a new piece of legislation which will replace the Estate Agents Act 112 of 1976. Its primary purpose is to establish the Property Practitioners’ Regulatory Authority, which will replace the Namibia Estate Agents Board, to regulate the affairs of all property practitioners, and allow for transformation in the property sector and to provide consumer protection. 

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