Business / EconomicsNon-Bank Financial Sector Shows Resilience with $474 Billion in Assets. The non-bank financial sector proved resilient in 2024, with total assets climbing 14.3% to $474.2 billion, NAMFISA CEO Kenneth Matumola reported. Overseeing 132 financial institutions and more than 14,700 intermediaries, the sector continues to underpin fiscal stability. Joanette Eises of NAMFISA: today26 September, 2025
Business / EconomicsCredit Growth Holds Steady at 5.7% Private sector credit growth stayed unchanged at 5.7% year-on-year in July 2025, the fastest pace since early 2020. Simonis Storm analyst Thazwill Thompson says this stability points to a consolidating credit cycle, with corporate demand easing while household uptake shows modest recovery. today4 September, 2025
insert_link South AfricaWhy SA’s spending boom isn’t what it seems South African consumers remain under financial strain, despite data that may suggest a rebound in spending, according to a new strategy research report by Simonis Storm Securities, a 100% Namibian-owned stockbroker and wealth management company. Titled “The Illusion of Rebound: Underneath the Spend, the Strain Persists”, the May 2025 report indicates that a year-to-date consumer spend increase of just 0.6% year-on-year is being misinterpreted as economic recovery. When compared to […] today20 May, 2025
insert_link Business / EconomicsBanking Leaders Chart the Future at CEO Roundtable The banking sector CEOs gathered for a strategic roundtable discussion this week, focusing on pressing challenges such as climate risk, cybersecurity, and regulatory policies. The event, hosted by the Bank of Namibia, carried the theme "Setting the Scene and Driving Impact for 2025," as highlighted by Ms. Naufiku Hamunime, Technical Expert in International Relations & Sustainability. today21 February, 2025
