NAMIBIA SET FOR BIG INTEREST RATE HIKE IN OCTOBER
September 23, 2022 Economists are predicting the Bank of Namibia (BoN) will raise its benchmark interest rate by 0.75 percentage points in October, the second such rise in a row, and signal plans to raise rates again in the coming months. This was after the South African Reserve Bank’s Monetary Policy Committee (MPC) raised the […]
RMB WINS GLOBAL FINANCE MAGAZINE’S BEST TREASURY AND CASH MANAGEMENT BANK
2 February 2022: The prestigious Global Finance magazine has recognised RMB Namibia as the Best Treasury and Cash Management Bank and RMB as the Best Bank for Payments and Collections in Africa. The awards acknowledge excellence in treasury and cash management in relation to market share and reach, customer service, competitive pricing, product innovation and differentiation. […]
FIRSTRAND NAMIBIA LAUNCHES FIRST JOB INTERNSHIP PROGRAMME: Becoming globally competitive begins at home
Caption: ART1427: (f.l.t.r) Wiann Mans, Learning and Development Manager, Isdor Angula, FirstRand Namibia CHRO, Elzita Beukes, Group Communications Manager, Daisry Mathias, Presidential Advisor: Youth and Enterprise Development, and Conrad Dempsey, FirstRand Namibia CEO. 24 November 2021 FirstRand Namibia has launched the FirstJob Internship Programme in line with the leading financial services group’s purpose and broader Namibian […]
FRANS INDONGO TRUST SUPPORTS GOVERNMENT’S FIGHT AGAINST COVID-19
N$1 MILLION DONATION TO THE MINISTRY OF HEALTH AND SOCIAL SERVICES On October 13th, the Frans Indongo Group (FIG), through the Frans Indongo Trust, officially handed over a donation of One Million Namibian dollars to the Ministry of Health and Social Services as part of the Group’s contribution to the ongoing national response against […]
DEVELOPMENT BANK OFFERS FINANCE FOR CLIMATE CHANGE ADAPTATION
DBN CEO Martin Inkumbi The Development Bank of Namibia has announced a facility to finance climate change adaptation, bolstering its long track record of finance with beneficial environmental and social initiatives. Explaining the facility, DBN CEO Martin Inkumbi said it provides an affordable and tailored financing solution for climate and environmental friendly projects. The Bank […]
CULTURE LEAD: UNDERSTANDING ORGANISATIONAL CULTURE
By: Lorelle Viljoen Citizenship Architect: Sustainability (Capricorn Group Human Capital and Citizenship) Organisational culture is the underlying beliefs, assumptions, values, and ways of interacting that contribute to an organisation’s unique social and psychological environment. Basically, organisational culture is the personality of the organisation. Culture is one of those terms that is difficult to express distinctly, […]
FIRSTRAND NAMIBIA ANNOUNCES ANNUAL FINANCIAL RESULTS
Deeply invested in Namibia’s wellbeing 10 September 2021 FirstRand Namibia Limited announced its financial results for the year ending 30 June 2021, reflecting an extremely difficult operating environment, with normalised earnings decreasing. Oscar Capelao, FirstRand Namibia Chief Financial Officer commented: “Post the beginning of lockdown in March 2020, underlying customer income and affordability in all segments […]
DBN MOOTS NATIONAL EQUITY FUND AS BOOST FOR BUSINESS RECOVERY
DBN CEO Martin Inkumbi The onset of Covid-19, 18 months ago, has led to vulnerability on the part of some enterprises. Development Bank of Namibia (DBN) CEO Martin Inkumbi suggests that one solutions can be found in equity finance through a national equity fund for qualifying enterprises currently experiencing headwinds, but with potential for […]
5 ELEMENTS TO CONSIDER TO ENSURE YOUR ‘WORK FROM HOME’ DEVICES ARE ADEQUATELY COVERED
As the new normal requires people to continue working from home, one needs to take the time to review their portable work devices and ensure that they are adequately insured from theft or unforeseen damage. The awareness around the need for insurance, both in one’s professional and personal capacity has increased tenfold since the onset […]