BON CELEBRATES 35 YEARS AMID ECONOMIC TRIUMPHS AND PERSISTENT INVESTMENT CHALLENGES

BON CELEBRATES 35 YEARS AMID ECONOMIC TRIUMPHS AND PERSISTENT INVESTMENT CHALLENGES Source: Business Express The Bank of Namibia (BoN) marked a signifcant milestone last week, celebrating 35 years of steering the nation’s monetary policy and safeguarding financial stability. A high-profile event in the capital, officiated by President Dr. Netumbo Nandi-Ndaitwah and hosted by Governor Johannes […]

TRAVEL MADE EASIER AS NAMIBIA UNVEILS NEW VISA POLICIES

TRAVEL MADE EASIER AS NAMIBIA UNVEILS NEW VISA POLICIES In a significant step towards enhancing border efficiency and streamlining immigration processes, the Ministry of Home Affairs, Immigration, Safety, and Security (MHAISS) has officially launched the online application for visa on arrival, along with a newly designed visa-on- arrival form, marking a major milestone in the […]

NAVIGATING NAMIBIA’S ECONOMIC CROSSROADS

As Namibia approaches the end of a decade marked by stagnant GDP growth, we invite you to reflect with us on the present economic climate, the factors that have brought us here, and where we might be headed. While we make no predictions, we aim to extrapolate some loosely held expectations about the future from […]

FINANCIAL INDICATORS

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, […]

NAVIGATING 2024

Global economic normalisation, electoral crossroads, and Namibia’s path to recovery With 2024 well underway, now seems to be an opportune time to look at what the year is expected to have in store in terms of the larger global economic outlook and what it means for Namibia. Looking at current forecasts for the year, it […]

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, […]

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 […]