Bank of Namibia’s provisional licenses signal financial transformation

By: Hertha Ekandjo Simonis Storm’s Head of Investment, Max Rix, stated that the Bank of Namibia’s (BON) decision to grant provisional licenses to Fintech Technologies, United Paypoint, Mindex, Virtual Asset, and Landifa Bitcoin marks a pivotal moment for Namibia’s financial sector. “This move signals Namibia’s commitment to modernising its economy, embracing innovation, and aligning with global financial trends,” Rix said. However, he emphasised balancing opportunities with potential risks as this […]

January 17, 2025 12

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8 November 2024 Morning Biz News: Global Financial Trends: Inflation, Interest Rates, and Economic Shifts Impacting Namibia and Beyond

In the face of global economic challenges, key financial developments are shaping markets worldwide, from inflation trends to shifting interest rates, and changes in trade policies. Recent updates highlight how Namibia is positioned within these global trends, with a strong focus on inflation, exchange rates, and monetary policies that influence everything from local purchasing power to international trade dynamics. Here’s an overview of the most important financial updates […]

November 8, 2024 16