financial

20 10, 2022

NAMIBIA SET FOR BIG INTEREST RATE HIKE IN OCTOBER

2022-10-20T12:12:14+00:00 October 20th, 2022|NEWS|

 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 [...]

7 10, 2022

RMB WINS GLOBAL FINANCE MAGAZINE’S BEST TREASURY AND CASH MANAGEMENT BANK

2022-10-07T08:35:15+00:00 October 7th, 2022|NEWS|

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. [...]

29 08, 2022

COURTESY VISITS TO THE NAMIBIAN PORTS AUTHORITY (NAMPORT)

2022-08-29T12:35:26+00:00 August 29th, 2022|NEWS|

NEW BRAZILIAN AMBASSADOR PAID A COURTESY VISIT TO THE PORT OF WALVIS BAY The new Brazilian Ambassador to the Republic of Namibia, Her Excellency Vivian Loss Sanmartin paid a courtesy call to Namport last Friday, 19 August 2022. The purpose of the visit is a result of the Excellency’s roadmap focusing on maritime, agricultural and industrial cooperation [...]

29 11, 2021

FIRSTRAND NAMIBIA LAUNCHES FIRST JOB INTERNSHIP PROGRAMME: Becoming globally competitive begins at home

2021-11-29T10:34:09+00:00 November 29th, 2021|NEWS|

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 [...]

28 10, 2021

NAMIBIA’S GREEN HYDROGEN FUTURE: BRIGHT STARS ARE ALIGNING

2021-10-28T09:05:36+00:00 October 28th, 2021|NEWS|

About the author:  Ekkehard Friedrich is a Partner at Eos Capital, Namibia’s premier private equity fund management firm and an active supporter of developing Namibia’s Green Hydrogen future. The Namibian government has done a sterling job at positioning Namibia as a premier producer of Green Hydrogen and Ammonia, and has recently accepted nine bids for [...]

28 10, 2021

FRANS INDONGO TRUST SUPPORTS GOVERNMENT’S FIGHT AGAINST COVID-19

2021-10-28T07:24:32+00:00 October 28th, 2021|NEWS|

  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 [...]

8 10, 2021

DEVELOPMENT BANK OFFERS FINANCE FOR CLIMATE CHANGE ADAPTATION

2021-10-08T10:32:17+00:00 October 8th, 2021|NEWS|

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. [...]

8 10, 2021

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

2021-10-08T10:38:22+00:00 October 8th, 2021|NEWS|

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 [...]

14 09, 2021

CULTURE LEAD: UNDERSTANDING ORGANISATIONAL CULTURE

2021-09-14T09:04:55+00:00 September 14th, 2021|NEWS|

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 [...]

14 09, 2021

FIRSTRAND NAMIBIA ANNOUNCES ANNUAL FINANCIAL RESULTS

2021-09-14T08:48:17+00:00 September 14th, 2021|NEWS|

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 [...]