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The European Commission defines Sustainable Finance as the “process of taking Environmental, Social and Governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and projects”.

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People's budgets in Namibia have been squeezed by rising food costs, and the recent repo rate increase by the Bank of Namibia has only made things worse.

The Namibia Competition Commission (NaCC) says it will keep a close eye on commercial banks to monitor anti-competitive practices on property valuation.

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The Bank of Namibia (BoN) says it is awaiting the amendment and implementation of the Banking Institutions Bill which is yet to be tabled in parliament to mitigate high rates and charges by commercial banks.

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The Bank of Namibia’s Monetary Policy Committee raised the repo rate by 50 basis points to 7.75% on Wednesday ahead of a 25 basis points increase forecasted by analysts.

The Namibian Stock Exchange (NSX) has been admitted as a Full Member of the World Federation of Exchanges (WFE) after being an Affiliate Member for over a decade.

The Namibia Financial Institutions Supervisory Authority (NAMFISA) has appointed Erich Gariseb as the General Manager: Insurance & Medical Aid Funds, effective from the 1st of May 2023.

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Parliamentarians in Namibia are ironing out 13 financial amendment bills set by the Financial Action Task Force (FATF) to avoid grey listing. 

Namibia has experienced a surge in companies delisting from its stock exchange as the wider macroeconomic environment remains dire forcing firms to pursue other capital raising options, a research firm has said.

The use or role of urea is widely not well understood, apart from it being labelled as a risk to livestock. Urea is a Non-Protein-Nitrogen compound used in animal feeding to improve rumen function.

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