Namibia’s international reserves reach N$60.8bn
Namibia's international reserves have surged to an all-time high of N$60.8 billion, marking a significant 5.5% ...
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Tag: finance
Namibia seeks speedy greylist removal with early FATF report
The Financial Intelligence Centre (FIC) says it is taking a proactive step towards Namibia exiting the ...
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FIMA clause mandates minimum N$200,000 is retained for beneficiaries despite policy claims
A clause in the Financial Institutions and Markets Act (FIMA) aims to protect beneficiaries of insurance ...
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Medical aid funds pay out N$1.24bn in claims for Q1 2024
The Namibia Financial Institutions Supervisory Authority (NAMFISA) reports that medical aid funds paid out N$1.24 billion ...
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Insurance policy uptake surges by 22.6% in Q1, down 45.3% y/y
Namibia recorded a 22.6% increase in new insurance policies during the first quarter of 2024, according ...
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GCR upgrades ratings of Letshego Namibia to A+(NA)
GCR Ratings (GCR) has upgraded the Namibian national scale long-term issuer ratings for Letshego Holdings Namibia, ...
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Namibians need to earn N$36K monthly to afford N$1m bond on house
Namibians require a monthly income of N$36,000 to afford a N$1-million home loan, according to Salomo ...
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Letshego Holdings Namibia records N$199m after-tax profit
Letshego Holdings Namibia reported a 16% increase in profit after tax to N$199 million for the ...
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Old Mutual Namibia launches N$50m Affordable Housing Fund
Old Mutual Namibia has launched a new Affordable Housing Fund with an initial investment of N$50 ...
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