News By Category Banking

Being unapologetically you

1 day - 19 July 2019 | Banking

Mariselle Stofberg Adriano Visagie went from playing in the dusty streets of Katutura to becoming a powerhouse in the entertainment industry and has created a successful career as a private banker analyst for First...

Understanding economic jargon

1 day - 19 July 2019 | Banking

Evany van Wyk This year the annual economic workshop, hosted by the Bank of Namibia (BoN), took place from 8 to 9 July.It hosted 20 reporters and media students from the capital. Jargon is special...

Riding a competitive and dynamic wave

1 month - 19 June 2019 | Banking

B7: How would you describe the prevailing business landscape in Namibia?BdP: Looking at the current economic condition and the lack of economic growth drivers in 2019, the Namibian economy remains in a downturn, which could...

A mutual love for kapana

2 months 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

2 months 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...

Category

No more minting of 5c coins

2 months ago - 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...

Standard Bank awards bursaries

3 months ago - 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...

SME Bank: Asset seizures coming

3 months ago - 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...

Longrich ordered to cease operations

3 months ago - 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’

3 months ago - 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

4 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'

4 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...

Agribank chases defaulters

4 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...

5 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...

Surge in use of digital...

5 months ago - 11 February 2019 | Banking

FNB Namibia says customers are increasingly embracing digital banking channels in order to bank in a convenient and affordable manner.The highest number of customers migrated...

Banks sued for rand manipulation

5 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

5 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

6 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...