Finance

Finance (607)

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The Finance Ministry says Namibia will not be issuing a Green Bond this year as previously announced, as the government is still identifying projects that will benefit from funds raised, The Brief can exclusively reveal.

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Sisedi Investment Group, previously known as Euboea Investment Group, is proving to be one of the best women-owned and managed investment managers in the country after its investment portfolio grew to approximately N$902 million as at mid-January 2022.

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The Bank of Namibia (BoN) is expected to raise its repo rate next month after the South African Reserve Bank on Thursday raised its repo rate by 25 basis points to 4%, 25bps above that of Namibia.

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The Namibia Financial Institutions Supervisory Authority (NAMFISA) says it recorded a 34% increase in complaints from financial services consumers in the third quarter of 2021. 

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Namibians are turning to debt to supplement their income in the face of the raging coronavirus pandemic that has impacted economic activity, a new survey from Old Mutual has revealed.

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The GIPF has taken note of articles circulating on social media regarding the “death after retirement” benefits offered by the GIPF, and more so as it affects members who are single at the time of their death.

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The Capricorn Group has announced the appointment of Gerhard Fourie as Chairperson of the board with effect from the 1st of January 2022.

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Hellen Amupolo has been appointed Head of the Development Bank of Namibia’s (DBN) Investments Department.

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The holidays and fun have left many facing the New Year with financial hangovers, a long January, and the reality that their money problems could last well into 2022. But taking ten steps to get personal finances back in shape could make things look a lot better.

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Namibia’s Non-Bank Financial Institutions (NBFIs) registered a 2% growth in assets to N$354.2 billion, latest industry figures show.

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