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FNB Namibia

15 Results / Page 2 of 2

Background

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 41

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 29

Press Releases

FNB Partners with Harambe Entrepreneur Alliance to Transform Namibia’s Entrepreneurial Landscape

FNB Commercial Banking is pleased to announce a 1-year partnership agreement with the Harambe Entrepreneur Alliance, an alliance of African innovators known as Harambeans. This strategic partnership aims to unlock the entrepreneurial potential of Namibia and transform its entrepreneurial landscape. As part of this collaboration, FNB's SME clients will gain access to the Harambeans Lab, a comprehensive online learning platform that provides insights from Africa's leading innovators on starting and […]

todayOctober 26, 2023 7

Namibia

EFN thanks sponsors for supporting the 2023 Journalism Awards

The Editors’ Forum of Namibia (EFN) would like to congratulate all winners of this year’s EFN Journalism Awards for their exceptional work and unwavering professionalism. The EFN cannot overemphasise the importance of a free press in these trying times, when newsrooms are limping because of media viability issues exacerbated by the big internet companies and the devastation caused by the Covid-19 pandemic. The EFN wishes to remind Namibian journalists of […]

todayOctober 24, 2023 8

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