CAPRICORN GROUP HANDS OVER THE FIRST 21 TONNES OF A TOTAL DONATION OF 63 TONNES OF MEDICAL OXYGEN
Caption from left to right: Jaco Esterhuyse, Financial Director of Capricorn Group and Marlize Horn, Group Executive: Brand & Corporate Affairs, at the Afrox Bulk Medical Oxygen facility in Windhoek 7 July 2021 On 7 July 2021, Capricorn Group received the first truck with 21 tonnes of medical oxygen, at [...]
AFRICAN LEADERSHIP INSTITUTE BRINGS TRANSFORMATION, INSPIRATION AND HOPE
Caption left to right: Dr. Dina Katoma, Revonia Kahivere, Herodiana Kandjeke, and Robert De Celestino Robert. 10 June 2021: The African Leadership Institute (ALI) has completed its sixth training for health officials in Namibia and this has led to another twelve-healthcare professionals now being able to register for, and graduate [...]
PRIVATE SECTOR CONTRIBUTES TO VACCINES FOR HOPE COALITION
Caption from left to right: Mr. Ben Nangombe: Executive Director - MHSS, Hon. Esther Muinjangue: Deputy Minister of Health and Social Services, Mr. Jason Hailongo: Chief Executive Officer of NaSIA, Ms, Petronella Masabane: Deputy Executive Director – MHSS. 30 April 2021: On 29 April 2021, an amount [...]
Benchmark Retirement Fund – Early Bird 2021-04
The Newsletter for the Pension Fund Industry & Pension Fund Investors: The Early Bird fund performance indicators for April 2021 have been released. To get an early feel for what to expect of the month in terms of returns on your pension investment, the market gained 0.68% (Allshare Index ex div), ranging between 7.55% [...]
STANDARD BANK JOINS CREDIT GUARANTEE SCHEME, OFFERS 60% COLLATERAL REDUCTION FOR QUALIFYING SMES
Photo Caption: Standard Bank’s Enterprise Direct Manager, Felicia Jooste, has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60% for qualifying SMEs. Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of [...]
HINTS TO GET YOUR MORTGAGE APPROVAL
By: Bank Windhoek’s Market Research Analyst, Loide David Attempting to purchase a house without a plan in place can be a challenging situation. As a first-time homebuyer, you will need to prepare in advance. The steps below can help you buy a home more conveniently and reach the best outcome possible. Preparation: Before you [...]
ECONOMIC OUTLOOK UPDATE – February 2021
THE NAMIBIAN ECONOMY IS EXPECTED TO GROW BY 2.7 PERCENT IN 2021 1. Introduction The Bank of Namibia released the Economic Outlook update for February 2021 with the domestic economy expected to recover to a growth rate of 2.7 percent in 2021, from a deep contraction of 7.3 percent [...]
DEBT MANAGEMENT DURING TOUGH TIMES
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 [...]
BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY
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 [...]