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FNB Namibia

11 Results / Page 1 of 2

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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 24

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 75

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 30

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 16

Business / Economics

GDP growth to slowdown to 3.3% in 2023

FNB Namibia Economist, Ruusa Nandago has revealed that the country’s Gross Domestic Product growth is expected to moderate to 3.3% in 2023 and 2.8% in 2024, from 4.6% in 2022, mainly due to the dry weather conditions which will be compounded by a slowdown in consumption. Nandago explains how inflationary pressures have impacted consumers.

todayNovember 27, 2023 9

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