insert_link Africa Gender Parity will unlock $287B for Africa’s Economy by 2030: Mastercard Foundation Report Tackling systemic barriers towards the participation of young women in Africa’s workforce will drive an estimated $287 billion to its economy by 2030, boosting GDP by five percent, a new report commissioned by the Mastercard Foundation reveals. Conducted in collaboration with McKinsey & Company, the study reinforces the crucial role of women’s economic empowerment in driving the continent into a new era of transformational growth. The report, Young […] todaySeptember 19, 2024 11
insert_link Local Bank Windhoek launches mass market solution, Selekt Red Recognising hard-working individuals of all ages and diverse cultures who want to lead better lives and aspire to success, Bank Windhoek will launch the Selekt Red offering on Friday, 20 September 2024. The launch of Selekt Red is the Bank’s value proposition within Namibia’s retail mass segment, emphasising that the Bank is mindful of Namibians and their financial challenges and needs. Backed up by the Bank’s research with […] todaySeptember 19, 2024 8
insert_link Local AU MSME gathering explores finance accessibility Namibia is currently hosting the third Annual African Union Micro, Small, and Medium Enterprises (AU MSME) Forum, running from Monday, 9 September 2024, to Friday, 13 September 2024, in Windhoek. This marks the first time the Forum is being held in Namibia and Southern Africa, with the Namibia Investment Promotion and Development Board (NIPDB) spearheading the event, alongside private sector sponsors. Entrepreneurs from all 54 African countries, along […] todaySeptember 12, 2024 18
insert_link Business / Economics New Bank of Namibia bonds expected to improve financial access The Bank of Namibia is preparing to introduce the country’s first retail bonds, allowing low to medium-income earners to invest in government debt. According to Max Rix, Head of Investments at Simonis Storm Securities, this initiative could broaden financial inclusion and promote financial literacy among Namibians. todayAugust 29, 2024 88
insert_link Business / Economics Letshego Bank Namibia Appoints Denver Beukes to Manage Home Loans Department Unlocking home ownership dreams one loan at a time, Letshego Bank Namibia is delighted to announce the appointment of Denver Beukes as its new Home Loans Manager. Beukes, a mortgage lending specialist with over 15 years of industry experience, joins Letshego Bank from 2020 Financial Solutions. This strategic appointment enhances Letshego Bank’s position in the mortgage lending industry, reinforcing its commitment to improving customer service. Beukes will manage […] todayJuly 25, 2024 17
insert_link Local Letshego Namibia Welcomes João Bismarck as Customer Experience Manager In a financial industry where customer needs evolve and a seamless customer journey is paramount, Letshego Holdings Namibia is pleased to welcome João Bismarck as its new Customer Experience Manager. Bismarck is a dynamic individual who stays abreast of recent news and industry trends. He enjoys challenges that require creative thinking and constant stimulation. In his spare time, Bismarck likes to spend time with his closest friends […] todayJuly 12, 2024 14
insert_link Local Bank of Namibia launches industry kick-off for instant payment programme The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […] todayJuly 1, 2024 20
insert_link Local Bank of Namibia hosts public lecture on financial inclusion in rural areas The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […] todayMay 31, 2024 12
insert_link Local NAMFISA to host third edition of the Fintech Square in Windhoek The Namibia Financial Institutions Supervisory Authority (NAMFISA) is proud to host the third edition of the FinTech Square event scheduled for 30 and 31 May 2024 under the theme FinTech Unleashed: Showcasing Innovation at the Square. FinTech Square, known as the NAMFISA Innovation Station, is a platform designed to explore the world of Financial Technology (FinTech) within the Namibian Non-Banking Financial Institutions (NBFI) sector. It connects NAMFISA with innovators, consumers, industry […] todayMay 29, 2024 29