Local Archives - Page 18 of 46

Old Mutual Foundation empowers communities

Media Release: Old Mutual Foundation Empowers Communities Through Staff Community Builder Initiative Kamutjonga Primary School in the Mukwe Circuit Kavango East Region 2 October 2024, Windhoek – In line with Old Mutual’s vision to empower communities, the Old Mutual Foundation’s Staff Community Builder initiative continues to demonstrate impactful community support. Over the past three years (2022-2024), this flagship initiative has enabled 30 Old Mutual staff members to actively […]

2 October, 2024

Local

GIPF investments: Why we do what we do

By Conville Britz, General Manager, Investments - Government Institutions Pension Fund The Government Institutions Pension Fund (GIPF) stands as the single largest investor in Namibia's economy, significantly contributing to socio-economic development across the country’s 14 regions. By injecting capital into sectors beyond the traditionally dominant mining industry, GIPF plays a crucial role in enhancing Namibia's economic landscape. Central to GIPF's investment philosophy is a commitment to creating tangible […]

23 September, 2024

Local

Africa Specialty Risks Receives BBB+ Credit Rating with a Positive Outlook from Fitch

Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, is pleased to announce that Fitch Ratings has assigned a BBB+ long term insurance financial (IFS) rating with a positive outlook to ASR Re Limited (ASR Re). Fitch’s rating reflects ASR Re’s very strong capitalisation and low leverage. The positive outlook reflects ASR Re’s improving franchise and business profile as it continues to grow business volumes […]

23 September, 2024

Local

The Bank Windhoek Sustainability Bond completes N$407 million allocation

On Thursday, 19 September 2024, Bank Windhoek’s Chief Treasurer, Claire Hobbs, announced the release of the Bank’s third annual Sustainability Bond Impact Report, highlighting the ongoing commitment to responsible business practices and environmental stewardship for the 2023-2024 Financial Year. The Bank Windhoek Sustainability Bond was issued based on the Sustainable Bond Framework, with the first tranche issued in June 2021, raising N$227 million, and the second in December […]

23 September, 2024

Africa

The Moroccan Association of Exporters (ASMEX) and the Ministry of Industry and Commerce of Morocco are co-hosting the first edition of the ZLECAF Business Forum – Morocco 2024

The Ministry of Industry and Commerce and the Moroccan Exporters' Confederation (ASMEX) are co-organizing a Business Forum aimed at raising awareness and providing information on the opportunities presented by the African Continental Free Trade Area (AfCFTA). The event, titled "Intra-African Trade: Perspectives and Opportunities," will take place on November 5, 2024, at the Hyatt Regency Hotel in Casablanca. This inaugural edition of the AfCFTA-Morocco Business Forum aims […]

23 September, 2024

Local

Bank Windhoek launches mass market solution, Selekt Red

Recognising hard-working individuals of all ages and diverse cultures who want to lead better lives and aspire to success, Bank Windhoek will launch the Selekt Red offering on Friday, 20 September 2024. The launch of Selekt Red is the Bank’s value proposition within Namibia’s retail mass segment, emphasising that the Bank is mindful of Namibians and their financial challenges and needs. Backed up by the Bank’s research with […]

19 September, 2024

Local

DHPS Kindergarten and Pre-school Renamed

Since 1999, the DHPS Pre-school and later the DHPS Kindergarten have been indispensable parts of Windhoek’s early childhood education offerings. This will continue in the future, but under a new name. As a newly merged department of the Deutsche Höhere Privatschule Windhoek (DHPS) and an important part of the entire school community, the kindergarten and pre-school of Namibia’s only German International School Abroad now present themselves as the “DHPS […]

19 September, 2024

Local

Nedbank Namibia embraces storytelling to boost financial literacy

In a world where financial tools and services are more accessible than ever, one question looms large: why are so many people struggling with financial health? Despite the abundance of financial services, platforms, and tools available in the marketplace, consumers are more vulnerable than ever. As life increasingly gets busier, these impacts are compounded, considering the sheer speed at which one often must take decisions that may have […]

18 September, 2024

Local

Germany supports Namibia with a EUR 3 million grant toestablish a Sustainable Financing Mechanism for Namibia’sstate-protected areas

On 13 September 2024, the National Planning Commission (NPC) of Namibia together with the Ministry of Environment, Forestry and Tourism (MEFT) and KfW Development Bank (KfW), on behalf of German Development Cooperation, signed a grant agreement to the value of EUR 3 million (equivalent to approx. NAD 60 million) to establish a Sustainable Financing Mechanism to support Namibia’s state-protected areas (national parks). The financial contribution complements the MEFT’s […]

17 September, 2024