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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Banking Sector

7 Results / Page 1 of 1

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Business / Economics

Bank of Namibia Affirms Financial Stability Following Recent Review

      Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations, shared updates from the Bank of Namibia’s Macro Prudential Oversight Committee. After their December 5th meeting, she confirmed that the financial system remains stable, with both banking and non-banking sectors maintaining sufficient capital and liquidity to handle potential losses.  

todayDecember 13, 2024 17

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Business / Economics

Letshego Holdings Namibia Appoints New Head of Credit

Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as its new Head of Credit, effective 15 November 2024. With over a decade of experience in credit evaluation and financial management, Herwin will contribute to advancing financial inclusion and sustainable growth. His appointment strengthens the company’s efforts to empower customers and enhance its market position.

todayNovember 21, 2024 6

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Africa

African countries start business classification to shore up green investment

      By Conrad Onyango, bird story agency   Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […]

todayApril 17, 2024 20

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Local

Governor! Gawaxab champions economic resilience and financial innovation at 2024 Cirrus investor conference

  The Bank of Namibia, participated in the 5th edition of the Cirrus Investor Conference. Taking place in Swakopmund between 9-10 April 2024, the conference drew development finance institutions, institutional asset managers, listed companies, state-owned enterprises, and Government Ministries, offices and agencies together to connect Namibian securities issuers and potential issuers, with investors from around the world. Speaking at the event, the Governor of the Bank, Mr. Johannes !Gawaxab provided […]

todayApril 10, 2024 9

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Africa

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

    By Conrad Onyango, bird story agency   Ethiopia has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to […]

todayFebruary 14, 2024 13

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Business / Economics

The Bank of Namibia considers banking sector resilience buffer

The Bank of Namibia is considering adding a counter-cyclical capital buffer to improve resilience in the banking sector. This buffer, a macroprudential policy tool, recognises the dynamics of financial markets and economic activity. Its purpose is to strengthen banks against potential losses during economic stress periods. BoN Governor Johannes !Gawaxab says the central bank will begin consultations with the industry regarding the buffer's implementation.

todayDecember 18, 2023 13

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