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FNB Namibia has invested N$3.03 million in the Harambean entrepreneurship programme, which aims to promote innovation, mentorship and help build a competitive Namibia, particularly for MSMEs in the country.
The Bank of Namibia on Wednesday decided to leave rates unchanged after the Monetary Policy Committee (MPC) met for the fifth time this year. The repo rate remains at 7.75%, and the prime rate at 11.50%.
Imagine John, a 35-year-old professional. In his 20s, he juggled multiple credit cards, often reaching their limits and only managing minimum payments. By 30, he faced mounting interest, a declining credit score, and challenges securing a car loan. However, after seeking financial counselling, consolidating his debts and adopting disciplined repayment habits, John's credit score improved dramatically, enabling him to secure a mortgage for his dream home.
In a world increasingly focused on sustainability and environmental responsibility, the concept of "green investing" has gained significant traction. It signifies a shift away from traditional investing techniques and towards a broader commitment to environmental and social well-being.
The Namibia Revenue Agency (NamRA) vows to increase efforts to address revenue leakages to facilitate seamless trade following the piloting of the Southern African Development Community (SADC)'s Regional Customs Transit Guarantee (RCTG) scheme.
The gig economy has transformed the way we work, providing freelancers and contractors with unparalleled freedom and opportunities. However, this newfound independence is sometimes accompanied by financial difficulties and uncertainty.