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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial services

24 Results / Page 1 of 3

Background

South Africa

ANC has expressed concern over the potential liquidation of Ithala Bank

  In South Africa, the ANC has expressed concern over the potential liquidation of Ithala Bank, warning that it could threaten over 400 jobs and disrupt financial services for rural communities, small businesses, and churches in KwaZulu-Natal. During the national executive committee meeting in Boksburg over the weekend, the party reaffirmed its commitment to financial inclusion and economic justice. ANC secretary general Fikile Mbalula urged the government to expedite efforts […]

today21 January, 2025 23

Local

BANK OF NAMIBIA AND COMMUNICATIONS REGULATORY AUTHORITY OF NAMIBIA SIGN MEMORANDUM OF UNDERSTANDING TO ENHANCE REGULATORY COOPERATION

  The Bank of Namibia (BoN) and the Communications Regulatory Authority of Namibia (CRAN) have formalised their cooperation with the signing of a Memorandum of Understanding (MoU) in Windhoek. This MoU strengthens collaboration between the two regulators, reinforcing their commitment to the effective regulation of the telecommunication and financial sectors in Namibia. BoN, established under the Bank of Namibia Act, (No. 1 of 2020), is tasked with promoting monetary stability, […]

today6 December, 2024 17

Business / Economics

Letshego Holdings Namibia Appoints New Head of Credit

Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as its new Head of Credit, effective 15 November 2024. With over a decade of experience in credit evaluation and financial management, Herwin will contribute to advancing financial inclusion and sustainable growth. His appointment strengthens the company’s efforts to empower customers and enhance its market position.

today21 November, 2024 12

Local

Old Mutual Rewards Partners with MTC: Members Can Now Redeem Points for Airtime

  Wednesday, 20 November 2024 - Old Mutual Namibia is pleased to announce a revolutionary partnership with MTC whereby members of the Old Mutual Rewards programme will be able to redeem their Rewards points for airtime. This is a significant step in Old Mutual Namibia’s drive to add value and convenience to their Rewards membership by integrating day-to-day needs seamlessly into the rewards experience. The Old Mutual Rewards programme is […]

today21 November, 2024 9

Local

FNB First to Launch Enhanced Cross-Border Payments with BankservAfrica’s TCIB Solution

11 November 2024 WINDHOEK, NAMIBIA – Cross-border payments are a lifeline for many people and businesses in Africa. These customers rely on fast, secure, and cost-effective payment offerings to manage the daily transfer of funds to friends, associates, and family members in other countries. To meet the evolving needs of its customers, FNB has partnered with BankservAfrica for its Transactions Cleared on an Immediate Basis (TCIB) system. This solution will […]

today12 November, 2024 21

Local

Letshego Namibia Welcomes Mbo Mena Luvindao as Chief Commercial Officer

    Letshego Namibia is pleased to announce the appointment of Mbo Mena Luvindao as its Chief Commercial Officer (CCO), effective 1 November 2024. Luvindao brings a wealth of expertise and a dynamic vision to the role. As CCO, Luvindao’s mandate is to drive Letshego’s commercial strategy, enhancing growth, profitability, and deeper customer engagement across Namibia. With an impressive 18 years in the financial services sector, Luvindao’s career is marked […]

today4 November, 2024 37

Local

Bank Windhoek’s Selekt Sales Awards Celebrate Excellence in Vehicle Financing

  Fostering a sense of community and collaboration within the vehicle financing industry, Bank Windhoek hosted a night of celebration and recognition for the hard work and achievements of salespersons and car dealerships in central Namibia. Bank Windhoek’s annual Vehicle and Asset Finance (VAF) Selekt Sales Awards took place on Thursday, 31 October 2024, in Windhoek. In its previous financial year, Bank Windhoek financed over 2000 personal and commercial vehicles […]

today4 November, 2024 15

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 40