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Nedbank Namibia has appointed Stuart Main as the new Executive: Treasury.

BoN hits back at survey

January 17, 2022
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The Bank of Namibia (BoN) has hit back at the rating of its Governor, Johannes Gawaxab by Global Finance magazine in its Central Bank Governors in 2021 survey, raising rating inconsistency concerns.

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For most Namibians pension savings is one of the largest, if not only, investment at retirement. To encourage us to save towards retirement, the government has implemented various tax incentives and protections for pension fund savings.

Auditing firm Ernst &Young has completed an investigation into the affairs of TransNamib with the report now with Public Enterprises minister Leon Jooste, The Brief has established.

Canadian-based international gold mining company Dundee Precious Metals says its Namibian operations, Dundee Tsumeb processed approximately 189,700 tonnes of complex concentrate in 2021.

Italy on Friday lifted an entry ban on people who had visited any of eight southern African states including Namibia, which it imposed in November as the Omicron variant of COVID-19 began to spread.

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Bank of Namibia (BoN) Governor Johannes Gawaxab has been lowly rated after he scored a D+ in a survey conducted by Global Finance magazine of Central Bank Governors in 2021.

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The Namibia Financial Institution Supervisory Institutions (NAMFISA) is cautioning the public against the practice of microlenders retaining possession of bank cards and PIN codes, original identification documents, original passports, and original driver’s license of borrowers.

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Letshego Holdings Namibia has become the first company in the country to introduce a mandatory vaccine policy, as Namibia battles a fourth wave of COVID-19 and the new Omicron variant.

Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio in Namibia and South Africa, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition.

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