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 [...]
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. [...]
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 [...]
It is probably quite normal to first move into a state of panic when threatening things catch you by surprise. A potential next step, when the dust has settled and we can think more clearly, is to focus on what we can do. Finally, we sometimes find comfort in realising that we are not [...]
The world has seen many crises before. While each crisis is different, Ray Dalio (founder of Bridgewater Associates) reminds us that history has a tendency to teach us patterns that we can use as templates to assist us in successfully navigating through the storm. Covid-19 has caught the world by surprise, and although there [...]
On 28 May 1962 the Dow Jones average of thirty leading industrial stocks dropped by 34.95 points. At the time this was a drop bigger than on any other day in history, with the exception of the crash on 28 October 1928. On Tuesday 29 May 1962 the market suddenly changed direction with the [...]
