Finance

Finance (607)

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Namibia’s banking sector asset base grew to N$173.2 billion during the first quarter of 2023, after showing a 5.3% growth, an official has said.

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Namibian financial technology start-up FundRoof was recently awarded N$74,000 in investment readiness support by the World Bank.

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Oryx Properties has reached a debt financing agreement with RMB, which will see the bank lending the listed company N$500 million over a four-year term.

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Retirement planning is of paramount importance for individuals to secure their financial future and to maintain a comfortable lifestyle after they stop working.

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FNB Namibia has employed an additional 30 consultants in its contact centre as part of  efforts to enhance its points of contact with its customer base of over 700,000 individuals in Namibia.

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The Bank of Namibia (BoN) says the passing of the Virtual Asset Bill does not provide any form of validation for the regulation or legalisation of virtual currencies.

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Have you ever wondered why everything from cars to sweets alongside the road is suddenly getting expensive?

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The Bank of Namibia (BoN) has thrown its support around proposed measures to reduce foreign ownership in commercial banks, saying decision making at financial institutions should resort with locals.

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 FNB Namibia says private sector credit uptake is projected to average 2.9% in 2023 as consumers are anticipated to forgo luxuries and downsize their expenditures due to the declining spending power.

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The Government Institutions Pension Fund (GIPF) has expressed concern over the moratorium placed by the state on the recruitment of civil servants.

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