insert_link Business / Economics Letshego reports 14% revenue growth in 2024 For the first half of 2024, Letshego Holding Namibia recorded a strong growth of 14% year-on-year increase in total revenue, driven by a 21% rise in interest income. Net interest income grew by 15% to N$251 million, strengthened by a 3% increase in net advances to customers and strategic repricing of low-interest loans. CEO of Letshego Holdings Namibia, Dr Ester Kali says the bank has maintained a stable cost-to-income ratio […] todayAugust 29, 2024 20
insert_link Local Bank Windhoek appoints Shivute as Sales and Bancassurance Executive On Friday, 31 May 2024, Bank Windhoek’s Managing Director, Baronice Hans, announced the appointment of Saara Shivute as the Bank’s Executive Officer of Sales and Bancassurance, effective 1 June 2024. Hans said that since joining Bank Windhoek in 2018 as Head of Specialist Finance, Shivute has been instrumental in driving the Bank’s success as part of its Growth Strategic Pillar. As the Sales and Bancassurance Executive Officer, […] todayJune 4, 2024 6
insert_link Africa Nigeria suspends cybersecurity law Nigeria has suspended a planned levy on electronic transfers to fund cybersecurity. The Central Bank of Nigeria had in a circular last week directed all banks and mobile money operators to charge 0.5% of the value of electronic transfers as a cybersecurity levy. Ajeck Mangut reports. todayMay 15, 2024 20
insert_link Business / Economics Standard Bank’s Thomas Koneka Iindji dies aged 44 Renowned banker and former Namibia Chamber of Commerce and Industry Northern Branch Chairperson, Thomas Koneka Iindji, has died aged 44. This, according to the Namibia Press Agency, was confirmed by a family member, saying that Iindji died on Tuesday in Windhoek. At the time of his death, he held the position of Head of Business and Commercial Banking at Standard Bank, a position he assumed in February this year. He […] todayApril 23, 2024 96
insert_link Business / Economics The Alexforbes Lead Story – 14 March 2024 With the Capricorn Group having recently released their interim financial results, Gary caught up with CFO, Johan Maas. https://iono.fm/e/1416361 todayMarch 15, 2024 24
insert_link Africa Economic reforms propel Ethiopia to world’s third fastest growing nation brand status By Conrad Onyango, bird story agency Ongoing economic reforms that are also seeing Ethiopia opening up its traditionally closed sectors to private investment are helping to lift the country’s image, globally, according to a new report. UK-based Consultancy, Brand Finance in its Global Soft Power Index 2024 ranked Ethiopia the third fastest-growing nation brand in the world. In the ranking of the most valuable nations, Ethiopia’s brand […] todayMarch 13, 2024 17
insert_link Business / Economics Exploring the future of digital transactional banking By Nedbank Namibia’s Head of Transactional Banking, Reginald Obaking The ongoing digital transformation has sparked several trends that have influenced the way Nedbank Namibia’s Corporate and Investing Banking (CIB) division revolutionises its solutions for businesses, corporations, and other large entities. CIB recognises the pivotal role of technology in transforming transactional banking services to enhance the overall client experience. ‘The fascinating way transactional banking continues to evolve day by day is […] todayFebruary 27, 2024 117
insert_link Africa The growing role of telco operators in driving financial inclusion through accessible mobile-first financial services. By Robert van Breukelen, COO at Itemate Solutions Africa remains a hotbed of mobile innovation. Telco operators across the continent are stepping in to fill gaps left by lower levels of development in key areas, including banking and financial services. A 2022 report estimated that just over half of Africa's population remained unbanked. The same report found that banks across the continent are investing in digital transformation […] todayFebruary 8, 2024 20
insert_link Local Development Bank of Namibia (DBN) Appoints Nicky Katapa Mutenda as Chief Financial Officer The Bank announces the appointment of Nicky Katapa Mutenda as the new Chief Financial Officer (CFO) with effect from December 18, 2023, for a period of 5 years. Nicky’ appointment follows a meticulous selection process conducted by a panel of six distinguished individuals drawn from the DBN Board and by external experts. Commenting on Nicky’ appointment, John Steytler, DBN CEO, expressed unwavering confidence in Nicky as a capable candidate with […] todayNovember 30, 2023 36
