Covid

23 02, 2021

DEBT MANAGEMENT DURING TOUGH TIMES

2021-02-23T12:11:35+00:00 February 23rd, 2021|NEWS|

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 [...]

15 02, 2021

BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY

2021-02-15T09:00:49+00:00 February 15th, 2021|NEWS|

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 [...]

5 02, 2021

MTC NAMIBIA FINANCIALS FOR THE YEAR 2019/2020

2021-02-05T07:43:48+00:00 February 5th, 2021|NEWS|

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 [...]

25 01, 2021

MVA JOURNEY PREPAREDNESS: 60-SECOND TYRE CHECK CAN SAVE LIVES!

2021-01-25T12:32:18+00:00 January 25th, 2021|NEWS|

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 [...]

22 01, 2021

BANK OF NAMIBIA DONATES TOWARDS THE FIGHT AGAINST COVID-19

2021-01-22T07:49:48+00:00 January 22nd, 2021|NEWS|

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 [...]

25 12, 2020

NAMIBIA QUARTERLY BULLETIN DECEMBER 2020

2020-12-25T11:52:48+00:00 December 25th, 2020|NEWS|

PRESS RELEASE:  18 December 2020, Windhoek DOMESTIC ECONOMIC ACTIVITY REMAINED WEAK DURING THE THIRD QUARTER OF 2020 International economic and financial developments: The GDP data showed a notable rebound for major economies in the third quarter of 2020 compared to the previous quarter. Following the lockdown-induced [...]

14 09, 2020

MEAT FLASH – 4 September 2020

2020-09-14T10:13:47+00:00 September 14th, 2020|NEWS|

THE MEAT BOARD STATISTICS SHOWS AFTER 2019 DROUGHT The latest Meat Board of Namibia statistics shows disturbing consequences of the 2019 drought around livestock marketing during 2020. On a year to year basis ending July 2020, total marketing of cattle decreased by 39%. The export abattoirs slaughtered 56% fewer cattle, while live cattle exports [...]

8 09, 2020

RISK MITIGATION AS THE KEY TO UNLOCKING OPPORTUNITIES

2020-09-10T08:57:24+00:00 September 8th, 2020|NEWS|

Article By: Tuliikeni Ndadi, Mining Engineer at Standard Bank Namibia It is widely known that the mining industry is risky, faced with disruptions from both within and outside of the mine site boundaries. Along with the conventional risks such as identification and replacement of reserves, volatile commodity prices, and access to capital, [...]