Source: Business Express In a landmark address delivered last week, President Netumbo Nandi-Ndaitwah launched Namibia’s national campaign under the African Union’s “End Learning Poverty for All in Africa” initiative, placing a massive economic wager on foundational education as the cornerstone of the nation’s future prosperity. The launch, backed by a record N$24.8 billion education [...]
Economic Pulse Namibia’s annual budgetary process is a crucial aspect of the country’s economic planning and fiscal management. In previous years, the government has presented comprehensive budgets aimed at addressing key national priorities, fostering economic growth and ensuring the wellbeing of its citizens. This year, the Namibian FY2024/25 budget is anchored on three policy pillars: [...]
By: Bank Windhoek’s Market Research Analyst, Loide David Attempting to purchase a house without a plan in place can be a challenging situation. As a first-time homebuyer, you will need to prepare in advance. The steps below can help you buy a home more conveniently and reach the best outcome possible. Preparation: Before you [...]
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28 January 2021: The new year is upon us and brings new energy and opportunity for us to put in place or relook our financial plan for the year ahead. Unfortunately, COVID-19 is still very much our reality and continues to put a heavy strain on people’s wellbeing and [...]
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 [...]
The evolution of Old Mutual offerings and engagements with customers is centred around targeted solutions where the needs, aspirations and behaviour of customers take centre stage. This is why Old Mutual Namibia launched its new personal cover solution, which allows each customer to build their cover to suit their lifestyle and their budget. This [...]
