Finance

Finance (607)

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The Namibia Financial Institutions Supervisory Authority (Namfisa) says it is committed to enhancing its capacity for the implementation of the Consumer Credit Bill.

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First National Bank Namibia has partnered with Basecamp Namibia to support the development of the country's SME sector.

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The Retirement Fund Institute of Namibia (RFIN) says it is committed to making the sector more resilient and sustainable to continue serving and securing a financial future for its members.

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Nedbank Namibia has invested N$350,000 towards the realization of the country's goal of achieving self-sufficiency in the production of green hydrogen.

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Curiosity in children is endless. From birth they are interested in their surroundings. They explore by touching, looking, and observing objects and people. Asking questions such as “why”, “how” or “when” they obtain more information and continue their quest to discover more about their world. 

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The Bank of Namibia (BoN), in consultation with the Minister of Finance and Public Enterprises, Ipumbu Shiimi, announced on Friday the temporary suspension of Trustco Bank Namibia's (Trustco Bank) authorization to operate as a banking institution, effective immediately.

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Nedbank says its newly launched Avo Super application in Namibia will nurture digital financial innovation and bridge the gap between customers and businesses.

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In the realm of finance, alternative investments offer diversification and returns beyond traditional asset classes in finance, extending portfolios beyond equities, bonds, and cash.

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 The Virtual Assets Act of 2023 became operational last month, empowering the Bank of Namibia (BoN) to license and regulate Virtual Asset Service Providers (VASPs) and Initial Token-Offering Service Providers (ITOSPs).

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According to World Health Organisation, the life expectancy for men increased to just over 60 years, and for women, to just over 68 years.

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