insert_link Business / Economics Non-Bank Financial Sector Shows Resilience with $474 Billion in Assets. The non-bank financial sector proved resilient in 2024, with total assets climbing 14.3% to $474.2 billion, NAMFISA CEO Kenneth Matumola reported. Overseeing 132 financial institutions and more than 14,700 intermediaries, the sector continues to underpin fiscal stability. Joanette Eises of NAMFISA: today26 September, 2025
insert_link Business / Economics NAMFISA CEO Raises Alarm Over Low AGM Turnout Financial Institutions Supervisory Authority CEO Kenneth Matomola has urged members of medical aid funds to take Annual General Meetings more seriously, citing consistently low attendance. He emphasized that AGMs are essential governance platforms for influencing how members’ contributions are managed, especially amid rising healthcare costs. Victoria Raimond is the Manager for Corporate Communications and Consumer Education at NAMFISA. today18 June, 2025
insert_link South Africa SA Govt Explores New Funding for Water Infrastructure Water and Sanitation minister in S.A Pemmy Majodina says her department is developing innovative ways of funding both national water resource infrastructure and water services infrastructure. The government is engaging local and international financial institutions and investors to unlock 100-billion-rand in infrastructure financing. Majodina says to date, the Infrastructure Fund has secured 23-billion-rand for seven large water infrastructure projects: today3 March, 2025
insert_link Local Bank Windhoek scoops second place at ICAP’s Battle of the Banks Africa Competition On Saturday, 16 November 2024, Bank Windhoek secured second place at the Battle of the Banks competition hosted by ICAP Training Solutions South Africa. Bank Windhoek’s Managing Director, Baronice Hans, said this achievement underscores the exceptional talent within Bank Windhoek. “It highlights the value of investing in initiatives that build local expertise while strengthening our competitive edge in the banking sector. This achievement reflects more than just recognition for […] today20 November, 2024
insert_link Local Bank Windhoek Partners with Afreximbank on Trade Finance Bank Windhoek’s Chief Treasurer, Claire Hobbs, announced the bank’s excitement in partnering with Afreximbank for the Trade Finance Seminar and Workshop. “We look forward to learning, exchanging views, and ideas with subject matter experts, and exploring areas for collaboration as trade finance is a strategic focus for the Bank,” Hobbs stated. Bank Windhoek’s Head for Investment Banking, Gideon Vos, will be a panellist, discussing the theme: “Sustaining Financing […] today6 November, 2024
insert_link Environment Bank of Namibia Orders Financial Relief for Drought-Stricken Farmers The Bank of Namibia has directed local financial institutions to establish relief measures designed to support farmers and agricultural businesses facing severe financial difficulties caused by the ongoing drought. BoN’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, explained that this move follows a state of emergency declaration in response to what is described as the worst drought Namibia has experienced in a century, according to The Brief. today29 October, 2024
insert_link Business / Economics Verime and ReferredBy lead Namfisa’s financial Sandbox initiative The Namibia Financial Institutions Supervisory Authority has signed testing agreements with Verime and Referred By, making them the first participants in its Regulatory Sandbox programme for the non-bank financial institution sector. NAMFISA's Regulatory Sandbox is a pioneering initiative demonstrating its commitment to fostering a vibrant, secure, and inclusive financial landscape that empowers both consumers and innovators. NAMFISA spokesperson Victoria Muranda. The programme serves as a controlled environment for live tests […] today18 April, 2024
insert_link World Development finance: how it works, where it goes, why it’s needed By Abdul Latif Alhassan, University of Cape Town and Bomikazi Zeka, University of Canberra Development finance is the invisible glue that connects public and private financing for projects that have social, economic and environmental outcomes. These include improved infrastructure, better waste management and sanitation, financial inclusion, clean energy and sustainable agriculture. The goal of development finance is to create positive social, economic or environmental outcomes through […] today17 April, 2024
