Monthly Archives: September 2024

18 09, 2024

FINANCIAL INDICATORS

2024-09-18T10:18:32+02:00 September 18th, 2024|NEWS|

The Bank of Namibia's fourth monetary policy announcement of the year took many by surprise, as the central bank opted to reduce the interest rate by 25 basis points, lowering the repo rate to 7.50% and the prime rate to 11.25%. This marks the first rate cut since the hiking cycle began in June 2022, [...]

18 09, 2024

AFRICA ONLINE ANNOUNCES NEW SHAREHOLDER AND ENHANCED PRODUCT OFFERINGS

2024-09-18T09:54:00+02:00 September 18th, 2024|NEWS|

Africa Online (Africa) (Pty) Ltd is excited to announce a transformative partnership between Utande Internet Services Botswana and Africa Online Namibia. Africa Online has incorporated Utande Internet Services Botswana as a new shareholder that will inject capital into Africa Online in exchange for a significant equity stake, providing a significant boost to the company’s growth [...]