Banking

Bigger project funding, tighter rules

21 hours ago | Banking

The Development Bank of Namibia has built its capacity to fund bigger development projects, along with smaller start-up companies, viewing itself as a vehicle for development and attainment of the NDP and Harambee goals. Development...

Be wary of malware

5 days ago - 17 May 2017 | Banking

FNB Namibia's IT risk manager Holger Bossow is cautioning the public to take extra precaution about the WannaCry malware that recently caused a ruckus.“On 12 May 2017, a malware began infecting computers worldwide. This was...

US$120 million for Hwange, Kariba

5 days ago - 17 May 2017 | Banking

Standard Bank has finalised a US$20 million debt package with Zimbabwe Power Company (ZPC) for the rehabilitation of existing power infrastructure at Kariba South Hydro Power Station and Hwange Thermal Power Station.As lead arranger for...

Prioritise debit payments

6 days ago - 16 May 2017 | Banking

In an effort to consistently educate customers, FNB Namibia shares some advice with customers about honouring debit orders. “It seems as if some customers are unaware of the financial implications of not having enough...

Barclays pulls out of Africa

6 days ago - 16 May 2017 | Banking

Barclays Plc is weighing selling a 16% stake in its Africa unit on the market once it gets regulatory approval to separate from the business, according to people with knowledge of the plans. The...

Capricorn acquires Cavmont, Bank Gaborone

1 week ago - 12 May 2017 | Banking

OGONE TLHAGECapricorn Group Holdings, owners of Bank Windhoek, this week announced the conclusion for the purchase of Zambian bank Cavmont Bank.This follows a cautionary issued...

No urgency, says court

3 weeks ago - 26 April 2017 | Banking

The High Court has refused to grant urgency to an application involving the suspended executives and directors of the SME Bank who are claiming that...

Nampost signals banking aspirations

1 month - 20 April 2017 | Banking

Standard Bank and Nampost recently signed a banking relationship agreement.The agreement will provide NamPost and its customers with access to the National Payment System, which...

Nampost signals banking aspirations

1 month - 18 April 2017 | Banking

Nampost this week signalled its banking aspirations when it announced Standard Bank as its sponsor bank, marking the end of an almost year-long procurement process....

Repo rate static

1 month - 18 April 2017 | Banking

The Monetary Policy Committee of the Bank of Namibia last week kept the repo rate unchanged at 7%. The central bank said the decision was...

FNB introduces renewable energy loan

1 month - 12 April 2017 | Banking

FNB Namibia is now granting loans for the installation of renewable energy equipment.Jerome Namaseb, manager for product, pricing and profitability at FNB Namibia, explains the...

Pay for petrol with GoPay

1 month - 11 April 2017 | Banking

Bank Windhoek has introduced GoPay, a mobile payment solution for fuel purchases.“We have encapsulated innovation and customer centricity in our strategy to ensure we remain...

Banking

EBank to continue as before

1 month - 07 April 2017 | Banking

FNB Namibia Holdings recently strengthened its offerings to the banking public with the acquisition of branchless commercial bank EBank. FNB Namibia spokesperson Elzita Beukes...

BoN hands over N$68 million...

1 month - 04 April 2017 | Banking

The Bank of Namibia (BoN) has paid a dividend of N$68 million to the treasury for its recently concluded financial year, marking an improvement in...

SME Bank plot thickens

1 month - 31 March 2017 | Banking

The governor of the Bank of Namibia, Ipumbu Shiimi, on Wednesday wrote a letter to suspended board members of the beleaguered SME Bank in which...

Satisfactory results for Standard Bank

1 month - 31 March 2017 | Banking

STAFF REPORTER “During 2016, Standard Bank not only reaffirmed our commitment to understanding and meeting our customers’ needs, but we...

From Windhoek to Capricorn

1 month - 31 March 2017 | Banking

In line with the name change of its holding company Capricorn, its asset management business recently announced a change in name for its unit trust...

Swipe and win with FNB

1 month - 28 March 2017 | Banking

In their latest promotion, FNB Namibia and Pick 'n Pay Namibia partner to educate Namibians about the advantages of using credit or debit cards for...

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