Category: Finance
Treasury Given Green Light to Start Spending the N$87.9bn Budget
By: Nghiinomenwa-vali Hangala The country treasurer, Ericah Shafudah, has been given the green light by Parliament and the President to start releasing the National Budget funds to various Offices, Ministries, and Agencies (OMAs) for the procurement and fulfilment of…
NADD Joins Continental WhatsApp Banking Wave
By: Peneyambeko Jonas Namibia Digital Dollar (NADD) has launched NADD Pay, a WhatsApp-based payment platform that allows users to send, receive and transact with the blockchain-backed stablecoin directly through the popular messaging application. The platform was announced in Oshakati…
More Than a Billion Switched From the GC27
By: Nghiinomenwa-vali Hangala The Bank of Namibia on Wednesday received 108 bids, worth N$950.9 million, as investors sought to switch their money from the GC27 bond. This comes after the Ministry of Finance invited various investors (individuals…
Why Local Realities Matter in Sustainable Finance
By: Joachim Komeheke As development challenges intensify, financial performance alone will not deliver durable outcomes. Investments across the public and private sectors must also generate measurable environmental or social benefits that support long-term economic stability. Why this…
Private Sector Knocks on Govt’s Door with Capital … treasury says no to unsolicited funding bids
By: Nghiinomenwa-vali Hangala The central government, through its treasurer, the Ministry of Finance, has indicated that the private sector has been knocking on its doors with unsolicited bags of capital to invest in infrastructure. In a press…
Ministers and EDs to Be Briefed on Where Money Comes From
The National Planning Commission, together with the Ministry of Finance, will be doing an official workshop on the structure of the budget, including how they make money. The workshop is scheduled for Thursday this week, and it aims to…
Capital is Not Scarce, but it is Selective, Structured, and Context-Sensitive
By: Baronice Hans The real constraint is structural, not often financial: capital avoids unmanaged uncertainty, not opportunity. Plans aren’t enough: investors look for an execution architecture, how delivery, risk and governance will work in practice. Capital types aren’t interchangeable: match risk to the right…
Govt Seeks to Switch N$6.6 Billion on Wednesday
By: Nghiinomenwa-vali Hangala On Wednesday this week, the Ministry of Finance, through the Bank of Namibia, will give a chance to various investors (individuals and institutions) to switch their N$6.6 billion investment in the GC27 Bond. According to…
GDP Too Shallow to Measure Economic Progress
By: Nghiinomenwa-vali Hangala Economic progress should be measured by the well-being of people and the planet, not just economic output, according to the United Nations Secretary-General’s Independent High-Level Expert Group on Beyond GDP. The experts develop recommendations for…
Njaba Seed Fund to Provide Capital to SADC From Namibia
By: Hee-Dee Walenga Bellatrix Investment Managers launched the Njaba Seed Fund in Windhoek yesterday evening. The fund will target startups that are beyond the idea stage but lack the capital needed to scale their operations. Speaking…