Bank of Namibia na DBN va shaina omukanda woku lo ngelakumwe mouwa we yo komesho le liko loshilongo.

Ombaanga yo shilongo(Bank of Namibia) opamwe no mbaanga yo mayambulepo oshilongo (DBN), onghela oda signa omukanda udafano twokumwe, oo ta ula la kanene oku mbwida mu mwe ovashiivi nawa needjo, mo uwa woku xwaxwameka omapendulepo neliko lo pashiwana. Olopota oyati omukanda udafano twokumwe owa ta lika uli efano loku eta pamwe eenghundafana de longelo kumwe opo kwee nde le lifwe oinyangadalwa oyo ta ila la kanene eyokomesho le liko no […]

June 18, 2024 37

Oshiwambo

Muni gwa Kaiti a mono omukuli goodola oomilion 12.5 okuza kombaanga yo Development bank of Namibia

Muni gwa Kaiti okwati okwa mona omukuli goodola oomilion 12.5 okuza kombaanga yomayambulepo goshilongo DBN-okupingenapo omakwatathano golusheno ngoka ga kulupa. Shika osha hololwa komukuluntu gomakwatathano nomayakulo gopautekinika Samuel Nashima ohela,pethimbo lyoshigongi shoshigwana shomomudhingoloko gwa Westdene. Nashima ta holola wo o budget ya Muni yili poomilion 308 yomumvo shimaliwa go 2024-2025,ndjoka ya pumbwa natango okuziminwa kuuministeli wehumitho komeho lyoondolopa nomikandi. Omanga koopopoleka dha thanekwa momumvo shimaliwa ngoka,Nashima a holola kutya omwa […]

May 16, 2024 28

Business / Economics

Fitch Ratings Rates Namibia’s Development Bank as Outlook Stable

Opinion Piece, By Josef Kefas Sheehama Fitch Ratings has affirmed DBN's Long-Term Issuer Default Ratings (IDR) at 'BB-' and it’s National Long-Term Rating at 'AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Namibian Development Bank (DBN) is the country's flagship and largest policy bank, contributing to economic and social development. Its strategy is in line with national development […]

March 26, 2024 27

Business / Economics

25 March 2024 Morning Biz News: Financial Insights: Updates from the Global Market

1. Fitch Ratings Affirms Development Bank of Namibia's Ratings Despite Losses Fitch Ratings recently announced its decision to maintain the Development Bank of Namibia Limited's Long-Term Issuer Default Ratings at 'BB-' and its National Long-Term Rating at 'AA+(zaf)', with a stable outlook. Despite facing a setback with a N$270 million loss in the 2023 financial year due to high loan impairment charges, Fitch remains optimistic about the bank's future. The […]

March 25, 2024 14

Namibia

Development Bank of Namibia and World Bank Explore Collaboration

The Development Bank of Namibia and the World Bank have initiated discussions to explore cooperation between the two development financiers. A senior team from the World Bank visited DBN to discuss potential avenues of collaboration. The primary focus of the discussions was the preparation of a technical background paper concerning the financial sector for the upcoming Namibia Climate Change and Development Report.

March 22, 2024 52

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 […]

November 30, 2023 46

Local

Development Bank 2023 Good Business Awards

The Development Bank of Namibia (DBN) hosted its prestigious 2023 Good Business Awards in Windhoek on the night of 28 November 2023, and was officiated over by the Minister of Finance and Public Enterprises, Hon Ipumbu Shiimi. Winner of the SME category, Brandplan Advertising, is a proudly Namibian branding and signage manufacturing company. The company offers a wide range of products and services such as fully fitted joinery, corporate and […]

November 29, 2023 40

DBN