New Bank of Namibia bonds expected to improve financial access

New Bank of Namibia bonds expected to improve financial access

The Bank of Namibia is preparing to introduce the country’s first retail bonds, allowing low to medium-income earners to invest in government debt. According to Max Rix, Head of Investments at Simonis Storm Securities, this initiative could broaden financial inclusion and promote financial literacy among Namibians.

August 29, 2024 98

Business / Economics

Market Watch – 12 March 2024

Michelle speaks to Catalyst Investment Managers' Head of Research, Cheryl Emvula, about government's debt burden. https://iono.fm/e/1415416

March 13, 2024 26

Africa

African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help

By Jonathan Munemo, Salisbury University Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures. These issues have become […]

February 1, 2024 4

Namibia

Minister of Sport denies City of Windhoek debt

Minister of Sport, Youth and National Service, Agnes Tjongarero has refuted allegations of the ministry owing the City of Windhoek for electricity at the Independence Stadium.

November 23, 2023 42