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The Institute of Chartered Accountants of Namibia (ICAN) and the Chartered Institute of Management Accountants (CIMA), have signed a five-year dual-designation agreement, allowing their members to hold both the Chartered Accountant, Namibia (CA(NAM)) and Chartered Global Management Accountant (CGMA) designations.
Namibian Fund Managers remain optimistic about the outlook for trading on the Namibian Stock Exchange (NSX) in 2023, with 56% of respondents in a recent Simonis Storm survey anticipating higher activity compared to 2022.
The global economy is facing a new set of challenges in 2023, as inflation, geopolitical tensions, and the ongoing signs of the COVID pandemic continue to affect countries worldwide.
The Government Institution Pension Fund (GIPF) says it will soon start implementing a real-time payment system on deceased people’s claims, a development that will ease the burden on bereaved family members.
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.