MEDIA RELEASE 18 September 2019 The Bankers Association of Namibia hereby informs the public that, due to a directive by the CMA CPOC, clients from our member banks will no longer be able to receive money from, or make Electronic Fund Transfer (EFT) payments to, certain banks in South Africa as of 23 September [...]
Namibian private equity firm, Eos Capital, on Thursday launched the Nambob brand in the Namibian funeral services industry after acquiring and rebranding Namibia’s leading funeral services provider, AVBOB Namibia. Eos Capital obtained the requisite regulatory approval to acquire AVBOB Namibia Holdings (Pty) Ltd, through its N$460 million Allegrow Fund on [...]
28 August 2019 Many potential investors are discouraged from offshore investing due to various perceptions that exist around it, ranging from high investment minima to weak returns. Also, too many Namibians are still shell-shocked from 2001 when millions of Namibia dollar were invested offshore at N$20 to [...]
20 August 2019 In Namibia, 44% of young people are unemployed and there is mounting pressure on Government institutions and departments to provide employment opportunities for them. Over the past few years, Namibia has produced record numbers of skilled graduates from local educational institutions, who then enter a non existent; or full job market. [...]
This is the first edition of the Drought Relief Bulletin, an initiative of the Namibian Chamber of Environment (NCE). The purpose of this Bulletin is to improve communications between and create synergy among institutions supporting or carrying out drought relief efforts in Namibia. It will also summarise research and reports on drought relief efforts [...]
MEDIA RELEASE 6 September 2019 Transforming old costs into new opportunities, Creating shared prosperity for all stakeholders FirstRand Namibia, in its 2019 end-year results, reported an increase in profit before tax by 2.2% to N$1.58 billion (2018: N$1.55 billion). The group’s revenue performance demonstrates that the investment in digitisation and customer-centric service is bearing [...]
ARTICLE BY: Mbo Luvindao: Bank Windhoek’s ESME Finance Branch Manager MEDIA RELEASE: 4 September 2019 Turning contacts into quality relationships takes effort. It is not enough to send a sporadic email or call or connect on social media. You need to invest in relationships to strengthen and grow them over time. Effort, [...]
