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 […]

FIM & NAMFISA ACTS GAZETTED: LEGISLATIVE REFORMS SEEKS TO BENEFIT INDUSTRY & CONSUMERS

MEDIA RELEASE: 05 OCTOBER BER 2021 NAMFISA’s Chief Executive Officer, Mr. Kenneth S. Matomola says, the Financial Institutions and Markets (FIM) and the NAMFISA Acts have officially been signed off by the Head of State and have been published in the Government Gazette. Now that the FIM Act is published in the Government Gazette, the […]

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 […]