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

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 […]

November 12, 2024 3

Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

October 23, 2024 24

Local

FNB NAMIBIA ADDS SECURE CHAT FEATURE TO FNB APP – CHATPAY

22 October 2024 Windhoek, Namibia - In an innovative move, FNB Namibia has introduced a new chat feature to the FNB App. ChatPay enables FNB App users to initiate payments seamlessly without the need of a formal bank account number, whilst securely chatting via the App. The solution combines convenience, simplicity, and affordability, allowing customers to chat and make payments simultaneously and securely using their smartphone and banking App. A […]

October 23, 2024 7

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains.

October 2, 2024 29

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. This small drop suggests that, even though overall inflation might temporarily rise, inflationary pressures in the economy are gradually […]

October 2, 2024 31

Business / Economics

FNB Namibia expects inflation to tick up slightly in June

FNB Namibia expects headline inflation to rise by 0.1 to 5.0 percent year-on-year in June. The bank further anticipates a slight decrease in inflation on a month-on-month basis of 0.1 percentage points to 0.2% in June 2024, primarily influenced by a 0.7% reduction in transport costs compared to the previous month. FNB Namibia economist Helena Mboti. Mboti says the alcoholic beverages and tobacco category will significantly contribute to inflation, […]

July 2, 2024 65

Business / Economics

NIPDB hosts annual TechNovation social

The Namibia Investment Promotion and Development Board, in collaboration with FNB Namibia, hosted the third annual TechNovation Social-themed “Bringing creators and customers together.” This year's event featured an exhibition by 21 Micro, Small, and Medium Enterprises in the creative and culture industry. Here is Dino Ballotti, Executive Director for MSME Innovation and Acceleration at the NIPDB.

June 20, 2024 49

Local

Hileni Amadhila joins Old Mutual Namibia as Senior Public Relations, Stakeholder, and Communications Consultant

Old Mutual Namibia is pleased to announce the appointment of Hileni Amadhila as the new Senior Public Relations, Stakeholder, and Communications Consultant within the Group Marketing, Public Affairs, and Sustainability team. Hileni brings over 11 years of extensive experience in strategic marketing and communication to her new role at Old Mutual Namibia. With a proven track record in leading external and internal communication, PR, advertising, and brand management, […]

June 6, 2024 56

Namibia

Namibia Mourns Loss of Renowned Banker Tomas Koneka Iindji

Namibians are grieving the passing of Tomas Koneka Iindji, a prominent banker who played a significant role in the banking sector for decades. Iindji, aged 44, served with distinction at First National Bank of Namibia before becoming the Head of Business and Commercial Banking at Standard Bank earlier this year. His contributions were celebrated by both Standard Bank and the Namibia Chamber of Commerce and Industry, where he served as […]

April 25, 2024 127