Category: Banking And Finance
AFDB loan support to Namibia exceeds N$9.6 billion
STAFF WRITER
African Development bank AfDB Deputy Director General for Southern Africa, Moono Mupotola says the bank has funded projects in excess [...]
Nedbank to localise Namibia operations, eyes oil and gas boom
TIRI MASAWI
Nedbank Group says it will soon roll out a plan to localise its operations in Namibia, creating opportunities for local people and supp [...]
Bank of Namibia says oil and gas discoveries to reshape economy
Imelda Ambondo
Bank of Namibia governor Ebson Uanguta said recent oil and gas discoveries will bring “significant structural change” to [...]
One in every four people who borrow from DBN, don’t repay
TIRI MASAWI
Nearly one in four people who borrowed money from the Development Bank of Namibia (DBN) is not paying it back.
The bank’s own figur [...]
Capricorn Group profits dip to N$920 million
STAFF WRITER
Capricorn Group shareholders will smile all the way to the bank after the financial institution posted N$920 million profit [...]
Namibians to pay for goods using phones by May
IMELDA AMBONDO
Namibia is preparing to roll out a national instant payment system between April and May, allowing citizens to make real- [...]
Bank of Namibia appoints Steytler, Fillipus to serve on the monetary policy committee
STAFF WRITER
The Bank of Namibia has appointed economists, John Steytler and Helvi Fillipus to its Monetary Policy Committee (MPC).
In a statem [...]
Banc BIC banks on Hoveka to increase footprint in Namibia
STAFF WRITER
Chairman of the Bank BIC Board of Directors, Jaime Pedro Galhóz Pereira says the appointment of Etrastas Hoveka as the Chief Executi [...]
Top executives compete for NamPost’s N$2 million CEO job
IMELDA AMBONDO and TIRI MASAWI
The vacant NamPost chief executive officer role has attracted interest from some of Namibia’s m [...]
Major shift in African banking
Reginald Ntomba
Africa’s banking sector is undergoing a structural shift as longstanding multinational banks exit the continent, creating space for [...]