insert_link Business / Economics Bank Windhoek Warns Against Poor Financial Planning Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions. today5 February, 2025
insert_link Business / Economics How to detect and prevent financial strain By Bank Windhoek’s Executive Officer of Credit, Eddie King For many, credit is the go-to financial resource for financial management. Grasping its far-reaching implications and mastering prudent management is crucial for safeguarding long-term financial wellness. Recognising the early signs of financial strain and adopting strategies to prevent sliding into a debt trap is paramount for maintaining financial stability. Before you take up any form of credit, keep […] today9 April, 2024
insert_link Africa Victims of Jammeh’s Barbaric Rule in Gambia Still Hope for Solace and Money Gambia, a tiny country of 2.6 million tightly knit people, located right in the middle of Senegal in West Africa, is still struggling to recover from the brutal 22-year authoritarian reign of Yahya Jammeh. He was the longtime former president who fled the country in 2016 to nearby Equatorial Guinea after he lost re-election and regional states forced him from power. A range of United Nations agencies and bodies […] today28 March, 2024
insert_link Business / Economics Financial Planning for Namibia’s Millennials By Ashante Manetti, Group Marketing Manager, Old Mutual Namibia Financial freedom. It's a term that conjures up images of early retirement, dream vacations, and unshakeable security. But for Namibia's millennial generation, this dream can often feel shrouded in uncertainty. With student loan burdens, a competitive job market, and a rising cost of living, achieving financial stability can seem like an uphill battle. Financial planning for millennials isn't […] today28 March, 2024
insert_link Opinion Pieces Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget Bomikazi Zeka, University of Canberra Every day seems to bring new headlines about rising costs. In Nigeria, unions are threatening to strike amid soaring fuel prices; the country’s inflation rate hit 25% in August. The amount it costs to fill a food basket in South Africa keeps climbing. Ghanaians took to the streets of Accra in late September to protest about the cost of living. A recent study by the […] today26 March, 2024
insert_link Uncategorized How spouses can manage finances together By Bank Windhoek’s Strategic Communication Manager, Samuel Linyondi. Research found that finances are one of the factors that can quickly become an issue in a relationship. In celebration of the month of love, couples can turn money matters into a positive experience by exploring the following money savings tips to increase their financial well-being. Bank Windhoek’s Digital Transformation Manager, Willie de Jager, said that as a couple, […] today13 February, 2024
