insert_link Business / Economics Swakopmund Hosts Global Policy Forum on Inclusive Finance Over 700 policymakers, regulators, and partners are set to convene in Swakopmund for the this year's Global Policy Forum, co-hosted by the Bank of Namibia. The four-day summit will focus on promoting inclusive finance across the region. Anielle Von Finckenstein, head of FNB Fiduciary at FirstRand Group Namibia: today29 August, 2025
insert_link Business / Economics Interview: Erastus Cautions Against Rushed Nationalisation, Urges Strategic Preparation Economist Gabriel Erastus has urged lawmakers to proceed with caution on proposals to nationalise Namibia’s strategic sectors, warning that such decisions must be guided by strategy, skills, and solid research. Speaking in response to a recent proposal by National Assembly member Mr. Kaaronda on the nationalisation of key sectors and resources, Erastus acknowledged that the call “comes from a good place” — especially in light of limited national benefits […] today23 June, 2025
insert_link Local Old Mutual hosts talk on how to invest in tough times From left to right: Hein Davids, Business Development Manager at M&G Investments, Tassius Chigariro, Old Mutual Namibia Group Chief Executive Officer, Izak Odendaal, Chief Investment Strategist at Old Mutual Wealth SouthAfrica, Otto Makemba, Managing Director of Old Mutual Namibia Personal Finance, Wikus Fourie, Old Mutual Namibia Wealth Chief Executive Officer and Isaack Veii, Head of Distribution and Retention at Old Mutual Namibia Corporate Segment. Old Mutual Wealth Namibia recently convened […] today12 June, 2025
insert_link Namibia Government eyes more exports to Africa under new trade roadmap The Ministry of International Relations and Trade has launched a strategic planning workshop to shape a five-year plan to advance trade and investment goals. The workshop brings together stakeholders to define the ministry’s broader mandate, which now includes both trade and investment. According to Executive Director Penda Naanda, the plan will pay attention to the African Continental Free Trade Area (AfCFTA) and explore ways to deepen trade relations with countries […] today20 May, 2025
insert_link Business / Economics Trustco forms committee for delisting plans Trustco Group Holdings Limited has announced the establishment of an independent committee to manage its proposed de-listing from the Johannesburg Stock Exchange, the Namibian Stock Exchange, and the OTCQX Market in the United States. This move aligns with the company’s plans to pursue a direct listing on the Nasdaq stock market. Quinton Van Rooyen Junior, Trustco’s Deputy CEO, explained that the formation of this committee is in accordance with […] today5 February, 2025
insert_link Business / Economics Saving for retirement in South Africa? Four tips to navigate the new pension rules By Adrian Saville, University of Pretoria South Africa is changing its pension laws. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire in the case of dire need – or even in case of desire. To an extent, this makes sense, given the low savings rate in the country. It forces individuals […] today31 July, 2024
insert_link Local Trustco Group announces NAD 4.4 billion (USD 235 million) transaction with founding family. Trustco Group Holdings Limited (TTO.SJ) today announced a landmark agreement to convert NAD 4.4 billion (USD 235 million) of debt into equity, paving the way for a planned USD 100 million capital raise in the US markets. The agreement is expected to increase Trustco's net asset value by approximately NAD 1.5 billion (USD 79 million). "This recapitalization is a crucial step towards achieving our growth ambitions […] today12 June, 2024
