How to detect and prevent financial strain

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 […]

April 9, 2024 6

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 […]

March 28, 2024 23

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 […]

March 28, 2024 15

Business / Economics

Financial Resilience: Strategies for Navigating Economic Uncertainty in the New Year

By Jo-Ann van Wyk, Client Relationship Consultant, Old Mutual Investment Group, Old Mutual Namibia Stepping into a new year requires more than normal financial planning in the ever-changing landscape of economic challenges. Financial resilience is a systematic strategy to navigating unpredictable market dynamics, geopolitical developments, and unanticipated global events. Building a strong financial foundation begins with the establishment of an emergency fund. Recent worldwide financial crises have highlighted […]

January 24, 2024 23