insert_link Namibia Interview: Blue Growth Series Attracts Over 340 Entrepreneurs, Spotlight on Informal Sector Standard Bank’s latest entrepreneurship initiative — the Blue Growth Series — has received over 340 applications within two weeks, with close to half coming from the local informal economy. This was revealed by Arinze Okafor, the founder of the Namibia Investment and Finance Academy (NIFA), during an interview on Fresh FM earlier today. “The response has been overwhelming,” Okafor said, noting that approximately 170 applicants are informal traders such as […] today28 July, 2025
insert_link Business / Economics Young South Africans navigate financial pressure with savvy choices – Standard Bank youth barometer South Africa’s youth are feeling the financial pinch, but they’re not taking it lying down. The inaugural Standard Bank Youth Barometer reveals that while young adults aged 18 to 35 are under mounting financial pressure, they are also making financially astute decisions in response to economic constraints. The report, which offers a detailed snapshot of financial behaviours and trends among South Africa’s younger generation, highlights a growing pattern of […] today12 June, 2025
Uncategorized Unemployment in Namibia – A call for multi-sectoral action Sydwill Scholtz By: Sydwill Scholtz, Labour Analyst The Namibia Statistics Agency (NSA) released the latest 2023 unemployment statistics for the country in January 2025, and, needless to say, the results are nothing shy of shocking. The results indicate that unemployment remains a significant social challenge in the country with the inherent ripple effect of poverty and social unrest detracting from the country's economic growth and development as […] today26 February, 2025
Local NSX Unveils New Brand Identity and Celebrates Scholars Competition Winners Windhoek, Namibia — It is with great excitement and pride that the Namibia Securities Exchange (NSX) announces its official rebranding and the conclusion of this year’s Scholars Competition, NSIC 2024. The event, held on 15 November 2024, marks a pivotal transformation for the NSX, as it not only unveiled a fresh new look but also celebrated the exceptional achievements of Namibia’s brightest young minds. NSX Rebrand: A Bold Step Toward […] today20 November, 2024
insert_link Business / Economics Bank of Namibia Issues Warning on Fraudulent Investment Schemes The Bank of Namibia has raised alarms about an increase in fraudulent investment schemes that falsely promise financial support for the nation’s development initiatives. These scams primarily target high-ranking government officials and traditional leaders, exploiting their reputations to gain credibility. The Bank has also observed that religious and traditional leaders are being approached to promote these deceptive schemes within their communities, further misleading the public. The regulator's Josefina Oskar: today23 October, 2024
insert_link Business / Economics Survey finds that 37% of Namibians avoid investment risks The 2023 Old Mutual Financial Services Monitor shows that many Namibians are not investing. About 37% are not willing to take any risks, especially the youth. Jo-Ann van Wyk from Old Mutual Investment Group revealed that 30% of people prefer safe, low-risk options like savings accounts. Van Wyk further explains that on the other end of the spectrum, those who are more inclined to take risks understand that achieving […] today30 September, 2024
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. today29 August, 2024
insert_link Opinion Pieces Letshego Namibia and FLI Empowers Communities Through Financial Literacy at OATF Letshego Holdings Namibia, in partnership with the Financial Literacy Initiative (FLI), is set to make a significant impact at the 2024 Ongwediva Annual Trade Fair (OATF) by offering free financial literacy sessions to the public. From 24 to 29 August 2024, visitors to the Letshego stand will have the opportunity to learn essential money management skills, explore various financial products, and gain insights into achieving their financial goals. Recognizing […] today22 August, 2024
insert_link Opinion Pieces Breaking Down Barriers to Life Insurance By Dinah Tjahere, Broker Consultant, Old Mutual Namibia Life insurance is generally perceived as a matter designated for the financially savvy. However, it is a key tool for financial stability that provides everyone with peace of mind. Unfortunately, many people, particularly those in underprivileged communities, struggle to obtain life insurance. These hurdles can stem from a combination of misunderstandings and constraints on traditional financial resources. A […] today25 July, 2024
