financial services

5 Results / Page 1 of 1

Business / Economics

Bank Windhoek first to accept upgraded banknotes at ATMs

Bank Windhoek has become the first financial institution in Namibia to allow cash deposits of the newly upgraded Namibia Dollar banknotes through its ATMs. This milestone supports the Bank of Namibia’s ongoing currency modernisation efforts introduced in 2025. Customers can now deposit the enhanced N$200, N$100, N$50, N$20, N$10, and commemorative N$30 banknotes at select Bank Windhoek ATMs across the country. The upgraded banknotes feature advanced security elements, including colour-shifting […]

today29 January, 2026

Business / Economics

Domestic Economy Expands 1.9 Percent in Q3

The domestic economy grew by 1.9 percent in the third quarter, slightly below last year’s 2.1 percent, driven mainly by a 4.1 percent rise in the services sector. Financial services and wholesale and retail trade supported growth, reflecting continued but moderate economic momentum. Economist Almandro Jansen commented on the latest figures.     

today23 December, 2025

Business / Economics

Q3 Economic Growth Slows to 1.9%

Economic growth for the third quarter slowed to 1.9 percent from 2.1 percent last year, driven by the services sector—including financial services, trade, education, and health—and supported by strong electricity and water output, as per the Statistics Agency. Agriculture and mining fell, investment declined, but household and government spending increased, while faster export growth narrowed the trade deficit, the NSA’s Mirjam Shihepo:   

today19 December, 2025

Namibia

Namibia Statistics Agency launches nationwide financial inclusion survey

The Namibia Statistics Agency (NSA) has launched a nationwide Financial Inclusion Survey to map how Namibians access and use financial services. Running until 4 November, the survey covers all 14 regions, collecting data on banking, insurance, loans, and savings practices across the country. Dr. Paula Ingo, Executive for Demographic and Social Statistics and Financial Inclusion Project Manager at the NSA, highlighted the importance of the survey in supporting evidence-based planning […]

today7 October, 2025

Business / Economics

Alexforbes Namibia names new managing directors

Alexforbes House, Windhoek Alexforbes Namibia has announced leadership changes across its group of companies to strengthen its operational efficiency and its position as a leading investment destination. The information was disclosed in a media release dated 9 May 2025. According to the statement, the new appointments, which took effect on 1 April 2025, are part of an organisational restructure designed to deliver better outcomes for clients. These changes include the […]

today10 May, 2025