The Bank of Namibia has announced the appointment of  Dr. Emma Haiyambo as Director of Research and Financial Sector Development and Chief Economist, Florette Nakusera as Director of Financial Stability and Macroprudential Oversight.

Old Mutual Namibia has sealed a N$700 million deal to acquire a controlling 63.8% interest in Vukile Property Fund’s Namibian portfolio.

Namibia’s financial system is under threat from the impending COVID-19 fourth wave coupled with vaccination hesitancy and rising government debt, the central bank has warned.

South African businesses face a historic shortage of newly qualified Chartered Accountants (CAs) in 2022 as many take advantage of international opportunities while others work remotely in South Africa for US companies at very attractive salaries.

Former chair of Shoprite Holdings Christo Wiese has purchased 20 000 single stock futures contracts on the open market to a total value of R413.6 million. The announcement was made by the group on Friday.

South African Finance Minister Enoch Godongwana called for changes to the way the fuel price is calculated, after the cost of gasoline rose to a record this month.

The Anti-Money Laundering and Combatting the Financing of Terrorist and Proliferation Council chaired by Bank of Namibia Governor Johannes !Gawaxab has appointed Gerrit Eiman as Acting Director of the Financial Intelligence Centre (FIC) following the appointment of Leonie Dunn as Second Deputy Governor of BoN.

Mobile Telecommunications Limited (MTC) has announced its launch of a Service Delivery Platform (SDP) to build a fully functional Digital Shopping platform and facilitate service innovation to deliver a converged experience at a faster service time to the market. 

Eos Capital says it has so far raised N$90 million for its Euphrates Agri Fund, from a target of N$1 billion.

Trustco Group Holdings has been given the greenlight by its minority shareholders to delist from the Johannesburg Stock Exchange (JSE) and seek new listing elsewhere.