Banking

A mutual love for kapana

1 week ago - 17 May 2019 | Banking

Ester KamatiThe 2019 edition of the Nedbank Kapana Cook-off was launched on 10 May.The launch was hosted by Matthew Kapofi and included demonstrations by kapana vendors who have been in the business for years. Wanaheda...

Standard Bank: Investing in economic progression

3 weeks ago - 30 April 2019 | Banking

Standard Bank Namibia is fully committed to boosting investment and job creation through facilitating win-win smart partnerships that speak to managing economic headwinds, delivering on developmental infrastructure, promote social transformation, investing in education, health care...

No more minting of 5c coins

1 month - 24 April 2019 | Banking

The Bank of Namibia (BoN) has discontinued the minting of 5c coins as from the beginning of the year, the central bank said in a statement.The coin will, however, remain legal tender in the country...

Standard Bank awards bursaries

1 month - 18 April 2019 | Banking

Standard Bank recently awarded bursaries to four students studying cybersecurity, forensic science and actuarial science, as part of its annual bursary programme.The bank awarded bursaries to Namalwa Amakali, a second-year bachelor’s in forensic science student...

SME Bank: Asset seizures coming

1 month - 17 April 2019 | Banking

Enock Kamushinda and other Zimbabweans implicated in the raiding of the SME Bank have until 14 June to explain why the deputy sheriff of the High Court should not attach certain of their Namibian assets....

Longrich ordered to cease operations

1 month - 15 April 2019 | Banking

The Bank of Namibia (BoN) has declared Longrich Bioscience an illegal pyramid scheme and ordered all involved to cease operations immediately.A statement issued by the...

Longrich Bioscience an ‘illegal financial scheme’

1 month - 13 April 2019 | Banking

The Bank of Namibia (BoN) has issued a statement saying Longrich Bioscience is an illegal financial scheme and has warned the public not to engage...

Going, going, gone

2 months ago - 14 March 2019 | Banking

The sole director of Transparency.com, which was housed in a non-descript office in Centurion, Johannesburg, has given a first-hand account of how the millions raided...

'Ask no questions, hear no lies'

2 months ago - 12 March 2019 | Banking

The liquidators of the SME Bank, David Bruni and Ian McLaren, have applied to the Gauteng High Court in South Africa to freeze five bank...

How SME Bank was looted

2 months ago - 07 March 2019 | Banking

Advocate Raymond Heathcote, acting on behalf of SME Bank liquidators David Bruni and Ian McLaren, said in court this week that the case read like...

Agribank chases defaulters

3 months ago - 21 February 2019 | Banking

Embattled farmers defaulting on their loans are increasingly being dragged to court in an effort by Agribank Namibia to recover outstanding debts. Last...

BoN, Bundesbank to further bolster ties

3 months ago - 18 February 2019 | Banking

The Bank of Namibia (BoN) and the central bank of Germany, the Deutsche Bundesbank, want to strengthen existing ties, particularly in the areas of combating...

Banking

Banks sued for rand manipulation

3 months ago - 07 February 2019 | Banking

The Competition Commission of South Africa says Standard Chartered Bank has pleaded guilty to currency manipulation, including of the South African rand, citing a consent...

Peace of mind

3 months ago - 01 February 2019 | Banking

Bank Windhoek, Auto Armor Namibia and Amber Connect have forged an amazing partnership that gives customers peace of mind on the road.Bank Windhoek, Auto Armor...

LongRich model under investigation

4 months ago - 18 January 2019 | Banking

The Bank of Namibia is assessing the activities of LongRich to establish whether it is legitimate or a pyramid scheme, BoN spokesman Kazembire Zemburuka has...

IT glitch leaves bank customers...

4 months ago - 09 January 2019 | Banking

OGONE TLHAGEAn IT glitch left hundreds of FNB Namibia customers at Oshikango stranded yesterday.The customers, who were queuing outside the bank from 08h30, thought that...

Lower banking fees for 2019

5 months ago - 21 December 2018 | Banking

Pensioners will no longer pay monthly management fees for their accounts with Standard Bank Namibia as from the beginning of 2019.The bank said in a...

Cheques phased out by Bank...

5 months ago - 14 December 2018 | Banking

Bank Windhoek’s final cut-off date for processing of cheques as a means of payment will be 30 June 2019. “This is to meet the Namibian...

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