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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial assistance

7 Results / Page 1 of 1

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South Africa

Deputy President Says Government Is Collaborating with Development Bank to Aid Indebted Municipalities

  S.A's Deputy president Paul Mashatile says the government is working with the Development Bank of Southern Africa to secure resources to assist municipalities that are in debt. Municipalities owe creditors 116.5-billion-rand, with 75.3-percent of this debt more than 90 days overdue. In turn municipalities in 2023/2024 were owed 339.9-billion-rand. Answering questions in the National Assembly yesterday, Mashatile said it is concerning that many municipalities are in financial stress:  

todayNovember 1, 2024 29

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Local

Namibia Shines at Africa Energies Summit 2024

    Managing Director of Monasa Advisory & Associates and Chairperson of the Economic Association of Namibia, Jason Kasuto, attended as a selected speaker the Africa Energies Summit 2024. The summit organised by Frontier Communications, now in its 10th year, is a cornerstone event that brings together leaders and innovators from across the continent to discuss the dynamic energy landscape of Africa. The Africa Energies Summit, hosted annually, serves as […]

todayMay 21, 2024 15

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Local

Bank Windhoek SME recovery loans assistance clocks N$ 200 million

      On Monday, 20 May 2024, Bank Windhoek’s Head of Small and Medium-sized Enterprises (SME), Financial and Data Analytics, Bianca Janse Van Vuuren, announced that the Bank has fully utilised the N$ 200 million allocated under the Small and Medium-sized Enterprises (SME) Economic Recovery Loan Scheme, of this amount N$ 192 million is already disbursed, with the remaining N$ 8 million approved pending disbursement. Van Vuuren said that […]

todayMay 21, 2024 49

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Local

Another N$2 million raised for the fight against cancer in Namibia

Bank Windhoek’s Executive Officer of Marketing and Corporate Communication Services, Jacquiline Pack, said that embracing social responsibility is not just a mere investment but a journey towards a sustainable and harmonious future for the Bank’s business, stakeholders, and the society it serves. She delivered this statement on Thursday, 30 November 2023, in Windhoek, announcing another two million Namibian Dollars raised by the annual Bank Windhoek Apple Cancer Project. This announcement […]

todayNovember 30, 2023 13

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World

Development aid cuts will hit fragile countries hard, could fuel violent conflict

Patricia Justino, United Nations University and Laura Saavedra-Lux, United Nations University Fragile and least developed countries have had their development assistance cut drastically, according to the Organisation for Economic Co-operation and Development. For instance, net official development assistance to sub-Saharan African countries has shrunk by 7.8% compared to 2021. And development aid for peace and conflict prevention has declined to its lowest in 15 years. These cuts will hit fragile […]

todayNovember 17, 2023 9

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