Category: Finance
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: What to Consider Before Taking a Loan This New Year
By: Herwin Tsowaseb The beginning of a new year often comes with exciting possibilities, but it also brings significant financial responsibilities. For many parents, January and February mark the time to prepare for university registration and tuition fees, purchase…
Opinion: The Year of Expectations: Reflecting 2024 Economic State, Building Future Growth
By: Josef Kefas Sheehama As 2024 draws to a close, Namibia’s economic outlook demonstrates tenacity in the face of adversity. This year brought to light the challenges of restoring stability in a world that is changing quickly, from the…
Opinion: Embrace the Festive Season with Financial Mindfulness
By: Wendy Naruses The festive season often comes with a double-edged sword of joy and financial strain. As we approach this special time, it’s worth reflecting on how we can embrace the season’s spirit of celebration without falling into…
Brazil Contributes N$2.1 Million to WFP’s Namibian Zero Hunger Efforts
By: Dolly Menas The Brazilian government has pledged N$2.1 million (US$120,000) to the United Nations World Food Programme (WFP) in Namibia to support integrated community-based food systems programs aimed at improving food security and livelihoods in the country….
Economists Predict Repo Rate to Remain Unchanged
By: Ludorf Iyambo Economists anticipate that the Bank of Namibia’s Monetary Policy Committee (MPC) will maintain the repo rate at its current level of 7.25% when it announces its decision on Wednesday. This follows consecutive rate reductions earlier…
BLNE Not Satisfied with Customs Union Revenue
By: Nghiinomenwa-vali Erastus The BLNE economies which are Botswana, Lesotho, Namibia, and Eswatini are concerned that they are not getting a fair share of customs union revenue. These countries are part of the Southern Africa Customs Union (SACU)…
Trump Threatens BRICS With Tariffs Over De-Dollarisation
By: Dolly Menas US President-elect Donald Trump has threatened to impose 100% tariffs to BRICS countries as well as bar them from selling into the US economy should they move ahead with plans to establish a BRICS currency….
Banking Sector Liquidity Rises to N$6.7 Billion
By: Staff writer The overall liquidity level for the banking sector in Namibia grew by N$800 million in two months after averaging N$6.7 billion in October 2024 from the N$5.9 billion recorded in September 2024. The Bank of…
946 GIPF Beneficiaries Owing NamRA Excluded from Refunds
By: Justicia Shipena The Government Institutions Pension Fund (GIPF) says approximately 946 beneficiaries with outstanding tax obligations to the Namibia Revenue Agency (NamRA) will not receive refunds unless the revenue agency provides updated tax directives. This follows an…