DEBT MANAGEMENT DURING TOUGH TIMES
By: Bank Windhoek’s Market Research Analyst, Loide David In August, the Bank of Namibia (BoN) cut its benchmark interest rate by another 25 Basis Points (BPS), a standard unit of measure for interest rates, to a record low of 3.75 percent, after the South African Reserve Bank’s interest rate was cut by the same margin in July. […]
THE GOVERNMENT INSTITUTIONS PENSION FUND CELEBRATED FEMALE TRAILBLAZER
By: Marilize van Schalkwyk, Information Systems Auditor: Internal Audit I officially became a Certified Internal Auditor (CIA) during January 2020. The CIA is a globally recognized flagship designation by the Institute of Internal Auditors (IIA). The work of an internal auditor is guided by IIA standards. These standards are mandatory requirements and provide a framework […]
NAMPOWER HANDS OVER ENERGY EFFICIENT LIGHT BULBS TO MINISTRY OF HEALTH AND SOCIAL SERVICES
WEDNESDAY, 10 FEBRUARY 2021, WINDHOEK Director of Ceremonies, Honourable Dr. Esther Utjiua Muinjangue, Deputy Minister of Health and Social Services, Ms. Petronella Masabane Deputy Executive Director – Ministry of Health and Social Services Dr. David Uirab, Chief Medical Superintendent, Windhoek Central Hospital Members of the Stakeholders Relations Committee, Windhoek Central Hospital Management of the Ministry […]
BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY
PRESS RELEASE: 11 February 2021, Windhoek BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY In line with its mandatory obligation to provide sound advice that informs robust and agile policy making, the Bank of Namibia on Thursday, 11 February 2021, hosted an economic roundtable with Chairpersons of Board of Directors and CEOs […]
MTC NAMIBIA FINANCIALS FOR THE YEAR 2019/2020
MTC Namibia presented strong financials for the year 2019/2020 and are proud to have maintained a leadership position and track record of consistent growth of 2.66% revenue despite economic contraction amidst a global pandemic. The increase is attributed to MTC’s strategic response to the market’s evolving needs; cost containment; and improved customers’ experience, resulting in […]
MVA JOURNEY PREPAREDNESS: 60-SECOND TYRE CHECK CAN SAVE LIVES!
The MVA Fund reminds drivers to do a 60-second check on their vehicle tyres as part of journey preparedness during the upcoming Festive Season. This call was made at the tyre-safety activation held on Wednesday, 4 November 2020 at Kapps Farm Roadblock in Windhoek. The activation held with Namibian Police, Private Road Safety Forum (PSRSF) […]
BANK OF NAMIBIA DONATES TOWARDS THE FIGHT AGAINST COVID-19
PRESS RELEASE: 21 January 2021, Windhoek BANK OF NAMIBIA DONATES TOWARDS THE FIGHT AGAINST COVID-19 In solidarity with the Namibian nation fighting the second wave of the COVID-19 pandemic, the Bank of Namibia has donated medical equipment of about N$3 Million worth to the Ministry of Health and Social Services. The donation took place on […]
BANK WINDHOEK IS PSG’S BANKING REVIEW BEST BANK FOR 2020
Proudly Namibian: Bank Windhoek’s Managing Director, Baronice Hans MEDIA RELEASE Bank Windhoek is PSG’s Banking Review Best Bank for 2020: PSG Namibia’s 2020 Banking Review has again ranked Bank Windhoek as the Best Bank in the country for the second consecutive year. The PSG Banking Review study provides a detailed time series and financial […]
DEVELOPMENT BANK OF NAMIBIA TO LAUNCH KFW-SUPPORTED COVID-19 BUSINESS RELIEF LOANS
Development Bank of Namibia (DBN) has announced that it will launch Covid-19 business relief loans on 18 January 2021. The Bank will provide finance equivalent to 3 months up to a maximum of 6 months working capital for enterprises affected by Covid-19. The term of the loan will be a maximum of 60 months. These […]
