Author: Eddie King
Key Strategies for SMEs Lasting Financial Stability
By: Eddie King As the backbone of Namibia’s economy, Small and Medium Enterprises (SMEs) fuel job creation and innovation and bring vital diversity to our markets. Effective financial management within these businesses is beneficial and essential for sustaining…
Understanding the legal consequences of default
Understanding the legal consequences of financial default is essential for anyone managing personal or business-related debt. Default occurs when a debtor fails to meet the legal obligations of a loan, typically by not making the required payments. This failure can…
Avoiding financial default for SMEs
By: Eddie King Preventing default is vital for small and medium-sized enterprises (SMEs) that aim to maintain a healthy financial status and sustain long-term growth. The following are a few strategic approaches businesses can adopt to avoid financial distress: Business…
Strategies to Prevent Default for Individuals
By: Eddie King Preventing financial default is essential for maintaining long-term financial stability. Several strategies, such as budgeting, debt management and maintaining an emergency fund, can help individuals manage their finances effectively. Effective budgeting forms the foundation of good…
Opinion: Early Signs of Financial Trouble
By: Eddie King Early signs of financial trouble often go unnoticed until they escalate into more severe issues. Recognising these signs can help individuals and small businesses take proactive steps to mitigate financial distress and avoid potential defaults. One…
Opinion: How to Control the Urge to Splurge
By: Eddie King What gives you the urge to splurge? Facing spending habits can be uncomfortable, but it may be the only way to get financial control and avoid the debt trap. Understanding our spending behaviours is essential for achieving…
Boost your credit score understanding
By: Eddie King Imagine John, a 35-year-old professional. In his 20s, he juggled multiple credit cards, often reaching their limits and only managing minimum payments. By 30, he faced mounting interest, a declining credit score, and challenges securing a car…