insert_link NamibiaFinancial sector urged to embrace South Africa’s cybersecurity standards Financial Sector Conduct Authority, South Africa Local financial institutions have been encouraged to adopt South Africa’s newly introduced Joint Standard on Cybersecurity and Cyber Resilience Requirements, a comprehensive framework designed to bolster defenses against escalating cyber threats. The regulation, jointly issued by South Africa's Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA), mandates that banks, insurers, pension funds, and other financial service providers implement robust cybersecurity strategies. These […] today23 May, 2025
insert_link Business / EconomicsTrustco Bank Completes Voluntary Shutdown Trustco Bank has officially ceased operations, finalizing its voluntary closure process that began on 23 August 2024. Following extensive efforts to reimburse depositors, any unclaimed funds have been transferred to the Guardian Fund under the Master of the High Court, as directed by the Bank of Namibia. Trustco’s Deputy CEO, Quinton Van Rooyen Junior, confirmed the completion of the process. today4 March, 2025
insert_link Business / EconomicsMorning Biz News – 19 February 2025 The Namibian stock market recorded notable trading activity this month, with a total of 940,710 shares exchanged, valued at N$13.4 million across 53 deals. The financial sector led trading volumes, with 1,089,156 shares changing hands, amounting to N$2.6 million. Year-to-date, 8.4 million shares have been traded, totaling N$496.4 million across 660 deals. In South Africa, Statistics South Africa (Stats SA) has delayed the release of the January 2025 inflation report […] today19 February, 2025
insert_link South AfricaSA’s 2025 G20 Host Role a Key Business Opportunity According To Standard Bank Standard Bank says South Africa’s role as host of the 2025 G20 Summit and its associated B20 Summit, presents a significant business opportunity. South Africa assumed the G20 Presidency in December 2024, becoming the first African country to hold the presidency of the world’s premier economic cooperation grouping. Standard Bank’s, Oscar Siziba, says the B20 Summit, the official business engagement forum of the G20, will provide a platform for private […] today13 February, 2025
