How spouses can manage finances together

By Bank Windhoek’s Strategic Communication Manager, Samuel Linyondi. Research found that finances are one of the factors that can quickly become an issue in a relationship. In celebration of the month of love, couples can turn money matters into a positive experience by exploring the following money savings tips to increase their financial well-being. Bank Windhoek’s Digital Transformation Manager, Willie de Jager, said that as a couple, […]

February 13, 2024 9

Environment

Building a resilient farming business

By Hanks Saisai, Technical Advisor: Crops & Poultry Farmers in Namibia face numerous challenges including climate change. This is evident in the form of erratic rainfall, recurring droughts, crop, and livestock losses, which have continuously led to financial losses for farmers across the country. As we navigate through the early days of 2024, farmers are encouraged to create resolutions that can transform their farming businesses into resilient enterprises. […]

February 1, 2024 28

Business / Economics

Financial Resilience: Strategies for Navigating Economic Uncertainty in the New Year

By Jo-Ann van Wyk, Client Relationship Consultant, Old Mutual Investment Group, Old Mutual Namibia Stepping into a new year requires more than normal financial planning in the ever-changing landscape of economic challenges. Financial resilience is a systematic strategy to navigating unpredictable market dynamics, geopolitical developments, and unanticipated global events. Building a strong financial foundation begins with the establishment of an emergency fund. Recent worldwide financial crises have highlighted […]

January 24, 2024 23

Business / Economics

Thought Leadership: Plan your bonus to last the long run

By Samuel Linyondi, Bank Windhoek’s Strategic Communication Manager In October, the Bank of Namibia (BoN) left the repo unchanged at 7.75%, the highest in the past 14 years. If a repo rate increases, borrowing becomes more expensive, and product and service prices increase for consumers. The repo rate is one of the monetary tools to either control inflation or stimulate demand. Conversely, inflation is the rate of price increase over […]

November 23, 2023 18

Environment

A Basic understanding of farm enterprise diversification

By Erastus Ngaruka, Technical Advisor: Livestock Agricultural production involves growing crops and rearing livestock, in order to produce a range of commodities or end-products. Farm enterprise diversification is simply the practice of producing a range of commodities as opposed to a single commodity on farmland. Diversification constitutes the process of allocating farm resources or the factors of production land, labor and capital) to different enterprises. This process identifies valuable or […]

November 22, 2023 25

Opinion Pieces

Being financially prepared and resilient when facing a health challenge

By Mauriza Fredericks, Group Brand Manager, Old Mutual Namibia A health crisis can strike unexpectedly, putting a significant strain on not just our physical well-being but also our finances. Whether it's a sudden illness, a medical emergency, or a global pandemic like the one we experienced in recent years, building financial immunity against an unforeseen health challenge, will go a long way. Building Blocks of Financial Immunity Financial immunity can […]

October 30, 2023 9