News By Category Banking

Local banks drop digital fees

4 days ago - 31 March 2020 | Banking

Both FNB Namibia and Standard Bank Namibia this weekend lowered fees on their digital platforms to encourage the public to stay at home during the lockdown.From 1 April to 30 June, all transactions done on...

Struggling borrowers can apply for payment holidays

5 days ago - 30 March 2020 | Banking

OGONE TLHAGEWINDHOEKBank customers will be able to apply for payment holidays, the Bank of Namibia (BoN) announced last week.This is being done to resuscitate an already flagging economy amidst the coronavirus pandemic, which has seen...

New note for 30 years

1 week ago - 23 March 2020 | Banking

The Bank of Namibia (BoN) on Saturday launched a N$30-note to mark three decades of independence. BoN governor Iipumbu Shiimi (left) said the central bank has a long-standing tradition to celebrate significant events in Namibia...

DBN, Nkurenkuru sign development agreement

2 weeks ago - 18 March 2020 | Banking

The Development Bank of Namibia has signed an agreement with the Nkurenkuru town council for a feasibility study of N$2.58 million for the proposed Extension 6.The feasilibilty study will be financed by the DBN's project...

Women thrive in SME business

2 weeks ago - 16 March 2020 | Banking

Staff Reporter - The small and medium-sized enterprise (SME) sector has seen an influx of women taking up opportunities in franchising, and experts expect this trend to continue over the next five years. The chief...

Category

Simplicity is satisfaction

3 weeks ago - 13 March 2020 | Banking

Mariselle Stofberg Roeline Nell believes that the secret to a life of purpose, significance and satisfaction is simplicity. “Simplified living requires more than just...

Bank Windhoek and Capricorn Group induct new staff

1 month - 28 February 2020 | Banking

Bank Windhoek and Capricorn Group officially welcomed 27 new employees on Tuesday, 11 February, at a two-day new employee orientation programme held at Bank Windhoek's...

BoN: ‘Crowd1 must stop business immediately’

1 month - 24 February 2020 | Banking

Jo-Maré Duddy – The business model of Crowd1 Network Limited is not sustainable and will result in members of the public, especially those at the...

New banknote to celebrate independence

1 month - 18 February 2020 | Banking

The Bank of Namibia (BoN) will introduce a new banknote in commemoration of the country’s 30th Independence anniversary celebration on 21 March 2020, but said...

Nedbank Nam’s clients ‘insulated’ against data risk

1 month - 17 February 2020 | Banking

Nedbank Namibia has “categorically confirmed” that no client of the financial institution has been impacted by the data security issue that occurred at the premises...

Dos Santos assets still safe in Namibia

1 month - 17 February 2020 | Banking

The Bank of Namibia (BoN) says it has not received any instructions regarding the freezing of accounts held by Angola's beleaguered former first daughter Isabel...

N$60m in SA worker funds looted in SME Bank...

2 months ago - 24 January 2020 | Banking

A whopping N$60 million belonging to the South African Municipal Workers Union National Provident Fund was among the so-called investments that have gone missing as...

More loan options coming

2 months ago - 08 January 2020 | Banking

The Bank of Namibia plans to introduce securitisation, which will allow investors to design debt instruments that it will be able to repackage and sell.Securitisation...

Bank Windhoek ranked best bank

3 months ago - 03 January 2020 | Banking

Bank Windhoek has been rated as the best Namibian bank by stockbroking firm PSG in their annual Banking Review report, occupying the spot for the...

Bank of the Year

3 months ago - 06 December 2019 | Banking

One of the biggest financial publications, The Banker, recently announced Bank Windhoek as its bank of the year 2019. At the event hosted in London...

Black Friday, Cyber Monday and...

4 months ago - 29 November 2019 | Banking

Riaan Viljoen With Black Friday enticing shoppers worldwide, and its online equivalent, Cyber Monday, a few days later, the number of online deals during this...

A step towards a better...

4 months ago - 29 November 2019 | Banking

The Capricorn Group has donated N$120 000 to the organisation Step out of Poverty through Education, Encouragement and Support (SPES), a charity established to serve...

Embracing the power of knowledge

4 months ago - 22 November 2019 | Banking

Evany van WykTaleni Nengola wakes up each morning ready to eat challenges for breakfast. Not literally, but you challenges better sleep with one eye open...