Finance

Finance (607)

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Savings and investments are both sourced from an individual’s disposable income. This may lead to a general confusion between the two concepts.

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Standard Bank Namibia has successfully raised N$400 million of funding in the debt capital markets, through a green bond issuance, with Standard Bank of South Africa acting as joint arranger. 

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The City of Windhoek Council has clashed with the management committee (MC) over the recruitment of a Chief Executive Officer.

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Finance minister Iipumbu Shiimi has appointed a 19-member Technical Committee to spearhead consultations on the protracted Financial Institutions and Markets Act (FIMA).

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The City of Windhoek cumulative losses for the past 10 years now amount to N$3.2 billion after it recorded a N$480 million loss for the 2021 financial year, latest figures have revealed.

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The Namibian Stock Exchange (NSX) closed one of its best weeks, after it recorded trade valued at over N$2.8 billion last week.

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The Namibia Financial Institutions Supervisory Authority (NAMFISA) says it will continue to roll out its five-year strategy despite a delay in the implementation of the Financial Institutions and Markets Act (FIMA).

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There is no relief in sight from rising interest rates, amid indications that the Bank of Namibia will announce a major hike come August after SA Reserve Bank Governor, Lesetja Kganyago on Thursday announced a 75-basis points hike, the biggest hike since September 2002. 

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For people to read the bible today in the comfort of their homes, somebody, somewhere kept custody of the scroll and preserved it using ancient preservation techniques for maximum protection, so that our generation can have the bible today.

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The Namibian Stock Exchange (NSX) registered a record trade for the first time in four years on Monday when shares worth N$971.84 million exchanged hands on the bourse in a single day.

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