insert_link 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, […] todayJuly 2, 2024 20
insert_link 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. todayJune 20, 2024 18
insert_link 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, […] todayJune 6, 2024 30
insert_link 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 […] todayApril 25, 2024 84
insert_link Business / Economics FNB Namibia economist forecasts April inflation Following the release of the Consumer Price Index for March 2024, which shows the annual inflation rate stood at 4.5% compared to 7.2% recorded in March 2023, by the Namibia Statistics Agency, we contacted Helena Mboti an economist at FNB Namibia to get the bank's inflation forecasts for April 2024. todayApril 10, 2024 30
insert_link Namibia FNB House Price Index: Diverse Growth Trends Across Segments and Regions The FNB Namibia House Price Index for Quarter 4 of 2023 showed 1.5% 12-month average growth, down from the previous quarter. Segments varied, with declines in small and medium segments, while large and luxury segments surged. Ruusa Nandago, FNB Namibia Economist, provided insights. todayApril 10, 2024 33
insert_link Business / Economics Economists break down revised tax reforms and national budget With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […] todayFebruary 29, 2024 34
insert_link Business / Economics FNB Namibia warns against cyber fraud As online shopping continues to grow, FNB Namibia is advising customers to be wary of cyber criminals when purchasing goods or online services. Here is FNB Namibia Risk Manager, Vernon Husselmann with more. todayFebruary 6, 2024 34
insert_link Business / Economics Rising interest rates drive demand for extended rental agreements The FNB Rent Price Index has remained positive for two consecutive quarters, reaching a 12-month average of 4.7% in quarter three of 2023. The average rent price on a 12-month rolling basis is N$7 177. The bank’s Economist Ruusa Nandago says individuals are delaying property purchases and choosing extended rentals due to higher interest rates and affordability challenges. todayJanuary 29, 2024 22
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
