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The Bank of Namibia (BoN) is expected to raise its repo rate next month after the South African Reserve Bank on Thursday raised its repo rate by 25 basis points to 4%, 25bps above that of Namibia.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) says it recorded a 34% increase in complaints from financial services consumers in the third quarter of 2021.
The GIPF has taken note of articles circulating on social media regarding the “death after retirement” benefits offered by the GIPF, and more so as it affects members who are single at the time of their death.
The holidays and fun have left many facing the New Year with financial hangovers, a long January, and the reality that their money problems could last well into 2022. But taking ten steps to get personal finances back in shape could make things look a lot better.
In my previous article we looked at what to consider when setting up a pension fund from scratch. In this article we will touch on what to consider when the employer already has an existing pension/provident fund.
The Bank of Namibia (BoN)’s Interbank Settlement System has, for the first time since its inception in 2002, recorded a settlement value of over N$1 trillion in 2021 due to high volumes.
Agribank’s newly appointed Chief Executive Officer, Dr Raphael Karuaihe, on Wednesday said he will focus on operational efficiency during his first 100 days at the helm of the financial institution.
A second home in a great location can serve as the perfect getaway, especially in one of the Southern African neighbouring countries given the easy access for SA property buyers, says the Seeff Property Group.