insert_link Business / Economics EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […] today29 May, 2024
insert_link Local Gobabis and Rundu chess open tournaments conclude In separate chess tournaments held over the weekend on Saturday, 25 May, players participated in the Bank Windhoek 2024 Gobabis and Rundu Open Tournaments. The two events, facilitated by the Namibia Chess Federation (NCF) and supported by Bank Windhoek, took place in Gobabis and Rundu. Seventy-one participants competed in chess battles to prove their skill and excellence. With a mix of experienced players and promising newcomers, […] today29 May, 2024
insert_link Local Prohibition of placement of advertisement and posters on public roads The (RA) has noted with great concern the placement of advertisements within proclaimed road reserves without the necessary approvals. In some instances, advertisements are placed on road traffic signs, a practice that may lead to traffic accidents. Placement of any advertisements or posters on proclaimed road reserves is prohibited in terms of the Roads Ordinance 17 of 1972, which states that: • No person shall infringe any proclaimed […] today29 May, 2024
insert_link Local NAMFISA to host third edition of the Fintech Square in Windhoek The Namibia Financial Institutions Supervisory Authority (NAMFISA) is proud to host the third edition of the FinTech Square event scheduled for 30 and 31 May 2024 under the theme FinTech Unleashed: Showcasing Innovation at the Square. FinTech Square, known as the NAMFISA Innovation Station, is a platform designed to explore the world of Financial Technology (FinTech) within the Namibian Non-Banking Financial Institutions (NBFI) sector. It connects NAMFISA with innovators, consumers, industry […] today29 May, 2024
insert_link Business / Economics Wild Africa Fund and OneAfrica partner to Increase Awareness About Wildlife Conservation in Namibia Wild Africa Fund, an organisation dedicated to popularising wildlife conservation across Africa, is excited to announce its strategic partnership with OneAfrica in Namibia. This collaboration, officially launching on May 30th 2024, has already commenced with the broadcast of ‘Music for Wildlife’ concerts from Saturday 25 May 2024. This multifaceted partnership spans both television and radio, leveraging the extensive reach and influence of OneAfrica to amplify Wild Africa […] today29 May, 2024
insert_link Local Under 21 soccer tourney exceeds players expectations After 176 competing players, 1,126 playing minutes, 90,963 reach, and 24,371 engagements on social media, the Bank Windhoek Ramblers Under 21 Soccer Tournament third edition crowned Sport Klub Windhoek (SKW) as this year’s champions. SKW emerged as champions after a hard-fought battle against Kasaona Football Academy (FA). The game started with Kasaona FA taking an early lead, stunning SKW supporters with George Gaweseb's goal that sent […] today28 May, 2024
insert_link Local Small businesses big impact: Boosting SMEs to drive economic growth In the face of a recovering economy, soaring inflation, and high interest rates, small business owners in Namibia are navigating challenging times. Now more than ever, supporting Small and Medium Enterprises (SMEs) is imperative, given their significant contribution to the Namibian economy. It is estimated that there are over 40 000 SMEs in Namibia, supporting the livelihoods of more than 200 000 people and contributing approximately […] today28 May, 2024
insert_link Local Agra and Agra Staff Initiative Fund (ASIF) Heartfelt Contribution to the Droogte Hulp Namibia Fund In the heart of our beloved country, we all feel the weight of the drought that grips our land. Every conversation seems to circle back to the desperate need for rain. Each day, we hear the stories of our treasured clients—our farmers—caught in the grip of this relentless natural disaster. They face an unyielding reality: animals perishing, school fees unpaid, and the constant struggle to […] today28 May, 2024
insert_link Local Bank Windhoek grows northern property financing In 2023, Bank Windhoek sold 142 properties through estate agents in northern Namibia valued at N$188 million. Bank Windhoek Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, announced this substantial increase compared to properties sold at N$88 million in 2021. Chapman was speaking at the Bank Windhoek Annual Northern Estate Agent Awards held on Thursday, 23 May 2024, in Oshakati. The awards recognise residential […] today27 May, 2024
