Bank Windhoek scoops second place at ICAP’s Battle of the Banks Africa Competition

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 […]

November 20, 2024 5

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 […]

November 6, 2024 16

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.

October 29, 2024 13

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 […]

April 18, 2024 41

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 […]

April 17, 2024 46

Africa

Guyana Deserves to Develop its Oil and Gas, and so does Africa

At a time when both African and Caribbean nations are making great strides towards developing recently discovered oil and gas reserves, countries whose development was driven by hydrocarbons are accelerating efforts to transition to a renewable energy future. This transition has seen wealthy nations establish a ‘green agenda,’ one which does not take into consideration Africa’s economic needs. The African Energy Chamber (www.EnergyChamber.org), therefore, strongly calls for an end to […]

November 2, 2023 6