
The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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The Bankers Association of Namibia (BAN) recently unveiled its latest version of the Code of Banking Practice, aiming to bolster sound banking practices and strengthen the relationship between banks and their customers.
Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes. The immediate financial outlook for Namibia is examined in this article. Additionally, the potential that green hydrogen as an emerging business provides, as well as the current changes in the oil industry.
SMEs play an important role in the country’s economic stability and should receive more support to enable them to keep contributing to job creation in the country, especially given the current high unemployment numbers among the Namibian youth.
The Old Mutual Foundation is seeking to empower 42 entrepreneurs in all 14 regions by the end of 2025 through the Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED).
The Namibia Industrial Development Agency’s (NIDA) debtors book currently stands at N$89 million as a result of non-compliant tenants from its approximately 46 facilities, including industrial and SME parks, an official has revealed.
The Environmental Investment Fund (EIF) of Namibia says it has to date disbursed N$578.5 million (US$30.9 million) of the N$732.1 million (US$39.1 million) in approved funding from the Green Climate Fund (GCF) for project implementation in the country.
The average person on the street has had a difficult year as central bankers continued to battle stubbornly high inflation. This has resulted in rising interest rates with no end in sight. Equally, we have had to deal with a weak currency that has provided no relief as oil prices rose as well.
We frequently find ourselves caught up in a constant quest of success in the fast-paced and demanding world of work. Our mental and emotional health may suffer because of the pressure to perform, to meet deadlines, and accomplish goals.