Category: Finance
4 Creatives, 13 Million Views, N$0 Earned…Content Creators Call for MICT To Deliver on Content Monetisation
By: Hee-Dee Walenga As the Namibian government strives to achieve digitalisation in several sectors, content creation on various platforms and its monetisation is particularly important in empowering a youthful nation. Around 70% of Namibia’s population consists…
Govt Seeks to Keep N$1.5 billion in Treasury Bills Auction
By: Nghiinomenwa-vali Erastus On Thursday this week, the government will auction four of its Treasury Bills borrowing instruments as it seeks to borrow N$1.5 billion, according to a tender invite released by the central bank. These are…
What Are We Funding?
By: Curtis Akunfu Another African startup has shut down after raising millions of dollars. This time, it’s Okra — the Nigerian fintech that pioneered open banking across the continent. They raised $16 million. Built a cloud platform….
Domestic Capital Mostly Invested in Listed Equities and Debt
By: Nghiinomenwa-vali Erastus Most of the country’s N$289.9 billion capital that is deployed domestically through investment managers is invested in listed equities (shares) and debt instruments as of 31 March 2025, according to the Namfisa 2025 First Quarter…
Will Millennials in Namibia Retire Comfortably?
By: Elanie Rossouw As Namibia’s millennial generation approaches their mid-career, the question of financial readiness for retirement is becoming a concern. Against a backdrop of rising living costs, high unemployment, and limited access to formal pension vehicles, this cohort…
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…
Resettled Farmers to Access Loans through Agribank
By: David Shoombe The nine resettled generational farmworkers will have access to agricultural loans through the state-owned Agribank. This was confirmed by the Deputy Executive Director of the Ministry of Agriculture, Fisheries, Water and Land Reform, Peter Nangolo, last week….
Financial Sector is Encouraged to follow SA’s Cybersecurity Standards
By: Nghiinomenwa-vali Erastus It has been recommended that Namibian companies in the financial sector follow South Africa’s latest legal standard for cybersecurity in the financial sector. The South African Financial Sector Conduct Authority and the Prudential Authority, have…
60 Out of 121 Constituency Youth Enterprise Proposals Ready for Financing
By: Nghiinomenwa-vali Erastus A report by the National Council Standing Committee on Education, Science, ICT, and Youth Development has revealed that 60 out of 121 proposals under the Constituency Youth Enterprise Initiative are ready for financing. The…
Rundu Town Council Proposes N$284 Million Budget for 2025/2026
By: Annakleta Haikera The Rundu Town Council has proposed a capital project budget of N$284,1 million for the 2025/26 financial year, marking a 15% increase from the previous year’s budget of N$245,995,825. This was announced during a…