insert_link 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
insert_link 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
insert_link 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
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 Local Bank Windhoek launches mass market solution, Selekt Red Recognising hard-working individuals of all ages and diverse cultures who want to lead better lives and aspire to success, Bank Windhoek will launch the Selekt Red offering on Friday, 20 September 2024. The launch of Selekt Red is the Bank’s value proposition within Namibia’s retail mass segment, emphasising that the Bank is mindful of Namibians and their financial challenges and needs. Backed up by the Bank’s research with […] today19 September, 2024
insert_link Local Bank Windhoek maintains high customer satisfaction standards Bank Windhoek has again demonstrated its commitment to exceptional customer service by achieving outstanding results in an independent third party's annual Customer Satisfaction Survey exercise, which took place in July 2024. The survey revealed an overall satisfaction score and ease of doing business rating of 77%, while brand affinity reached an impressive 84%. In 2023, the Bank’s satisfaction survey rating was 76%. The survey results showed that Bank […] today2 September, 2024
insert_link Local Letshego Holdings Namibia Announces Reduction in Lending Rates In response to the recent decrease in prime lending rates, Letshego Bank Namibia and Letshego Micro Financial Services Namibia, subsidiaries of Letshego Holdings Namibia, have announced a reduction in their lending rates. The new rates will take effect from 22 August 2024. Letshego Bank • Prime rates reduce from 11,5% to 11,25% • Home loan rates reduce from 12,5% to 12,25% Letshego Micro Financial Services Namibia • The […] today23 August, 2024
insert_link Local Groundbreaking ceremony marks a milestone in Capricorn Group’s journey of positive change Capricorn Group marked a historic milestone on August 20 with the commencement of construction for a significant new development in Windhoek's central business district. Located next to the Capricorn Group building at the corner of Independence Avenue and Kasino Street, the groundbreaking ceremony represents a transformative journey for the Group’s employees, customers, and the surrounding business community. It also signifies Capricorn Group’s commitment to contributing meaningfully to the […] today20 August, 2024
insert_link Local Bank of Namibia launches industry kick-off for instant payment programme The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […] today1 July, 2024
