October 03, 2023
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Finance

Finance (570)

Sisedi launches Namibian financial sector diversity and inclusion initiative
Finance

Sisedi launches Namibian financial sector diversity and inclusion initiative

October 01, 2023
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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.

Low credit uptake raises economic growth doubts
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Low credit uptake raises economic growth doubts

September 29, 2023
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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. 

N$229m in pension benefits still unclaimed -Namfisa
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N$229m in pension benefits still unclaimed -Namfisa

September 29, 2023
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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.

NAMFISA raises red flags over medical aid sector
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NAMFISA raises red flags over medical aid sector

September 27, 2023
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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.

Investments in unlisted companies surge to N$5.09bn
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Investments in unlisted companies surge to N$5.09bn

September 27, 2023
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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.

KfW to spend N$3 billion on water projects
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KfW to spend N$3 billion on water projects

September 27, 2023
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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. 

Bank Windhoek awards employees 8.5% salary increment
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Bank Windhoek awards employees 8.5% salary increment

September 21, 2023
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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.

Unveiling the reality of investment returns and risks
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Unveiling the reality of investment returns and risks

September 21, 2023
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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.

What you need to know about a retirement arrangement
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What you need to know about a retirement arrangement

September 20, 2023
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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.

Nedbank Namibia advances N$500m in home loans
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Nedbank Namibia advances N$500m in home loans

September 19, 2023
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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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