Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

December 11, 2024 12 2

Opinion Pieces

THOUGHT LEADERSHIP ARTICLE

Buying a car? Consider these hints and tips By Bank Windhoek’s Branch Manager of Vehicle and Asset Finance Branch, Amanda Von Wielligh. The best time to purchase a vehicle is mainly towards the end of the year. Although buyers might find sales throughout the year, October through December is the sweet spot for landing a good deal. After considering various aspects, deciding which car to purchase may be one of […]

December 6, 2024 12

Opinion Pieces

AI offers hope for quantitative investing

Wednesday, 20 November 2024 - The future of quantitative investing is going to be shaped by Artificial Intelligence. Quantitative investment strategies can identify better opportunities and leverage into those using mathematical models with the use of sophisticated algorithms. Quantitative investing applies a mathematical model and algorithms to determine investment opportunities. About half of quantitative investors have implemented AI in their processes for investing. However, just 10% of those are actually […]

November 21, 2024 13

Opinion Pieces

Understanding Financial Default By Bank Windhoek’s Credit Executive Officer, Eddie King.

Financial default occurs when an individual or small business fails to meet the agreed-upon payments on a debt, meaning they fail to service their instalments on the approved loan or facility, such as a home loan, personal loan, overdraft facility, or credit card. Defaulting on payments can have significant consequences, affecting one's credit rating (credibility with a financial institution) and access to future credit. Firstly, default typically starts when payments […]

November 21, 2024 8

Opinion Pieces

Trump’s Triumph to Benefit US Economy First, Then World Economy

Josef Kefas Sheehama It is crucial to remember that whether a Democrat or a Republican holds the White House tends to have little impact on American policy. Remember that President Trump will prioritize strengthening the U.S. economy during the first two years of his administration. To accomplish this, President Trump will assess the country's financial situation and closely monitor the successful reduction of $35.95 trillion in gross national debt. […]

November 14, 2024 19

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Opinion Pieces

Estate Planning: Expenses to Be Considered for a Deceased Estate

By Bank Windhoek’s Trust and Estates Manager, Letitia Du Plessis. A deceased estate refers to the property and money left behind by a person after they pass on. A critical part of estate planning is ensuring that there is sufficient cash in your estate to meet various obligations. Unfortunately, what seems like a straightforward process is actually a complex and time-consuming task that requires planning while you are still […]

November 12, 2024 23 2

Opinion Pieces

Russia-Africa Partnership Under Scrutiny: Draft Joint Statement Of On-going Forum Sparks Concerns Over Neocolonialism and Deceit

By Khwima Nkhonjera The first Ministerial Conference of the Russia-Africa Partnership Forum has kicked off in Sochi, Russia, amid headlines about the gathering not just being about strengthening bilateral ties. A joint statement drafted for the summit has raised eyebrows, with claims of cooperation which pro-democracy supporters argue are “misleading” or “downright false.” This two-day gathering, organised by Roscongress Foundation, seeks to implement decisions made at the 2023 summit […]

November 12, 2024 38

Opinion Pieces

Bridging the Artificial Intelligence Skills Gap: Equipping Namibia’s Workforce for a Digital Future

Wednesday, 6 November 2024 - We are living in a world of rapid change. Artificial intelligence is continuously changing how we do our jobs, and Namibians need to upskill to adapt to the changes stemming from this transformation. AI is no longer something of the future; it's very real and very present in today's work environments, which, especially in fields such as financial services, are heavily reliant on the automation of […]

November 6, 2024 13

Opinion Pieces

Affordable Housing: A Key Driver for Sustainable Development

Monday, 4 November 2024 - Affordable housing is one of the key aspects for development in Namibia. In response to the country's pressing housing needs, Old Mutual Namibia launched its Housing Fund in August 2024. With an initial capital of N$50 million, the initiative is set to provide critical financial support for affordable housing projects, aimed at addressing the growing demand for accessible and affordable housing in the […]

November 4, 2024 18