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Finance

Finance (570)

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Namibia’s first black and female-owned asset management company, Sisedi Investment Group, has launched a Chartered Financial Analyst (CFA) Mentorship Program aimed at empowering and uplifting women in the country’s investment sector.

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Namibia is currently facing a worrisome trend where businesses are prioritising debt repayment over seeking new credit for investment, raising concerns about the country's economic growth prospects, experts have said. 

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Pensioners and their beneficiaries failed to claim over N$229.1 million in benefits last year, the Namibia Financial Institutions Supervisory Authority (Namfisa) has revealed.

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The Namibia Financial Institutions Supervisory Authority (NAMFISA) has raised concerns about the financial stability of the country's medical aid industry.

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Total investments in unlisted companies' committed capital have risen by 12% to N$5.09 billion last year with farming and agriculture, manufacturing, and renewable energy dominating, official data reveals.

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The German Development Bank (KfW) through the Namibian Government has signed loan agreements with the City of Windhoek and Namwater to finance some of the country's priority water projects. 

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Bank Windhoek says it has granted its staff members an 8.5% increase on their salary, rental and transport allowances for the fiscal year 2023/2024, owing to an increase in revenue.

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Recent conversations have highlighted a recurring theme: the expectation of substantial returns from investments that may not align with their inherent risk profiles.

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A retirement arrangement is a plan used to set aside money for retirement and it is in most cases the only savings plan for retirement for many people.

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Nedbank Namibia has revealed that home loans worth N$500 million were disbursed last year, despite the tough economic climate. 

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