Allan Gray cuts ties with Global & Local

Allan Gray cuts ties with Global & Local

By Chris Steyn, via BizNews Africa’s largest privately owned investment management company, Allan Gray, has cut ties with Global & Local. That has been confirmed to BizNews in an email stating: “Considering the ongoing uncertainty around the investigation into BHI Trust, we took the decision to terminate our contract with Global & Local, with a notice period.” Global & Local has been under fire ever since it emerged that its founder […]

December 5, 2023 18

Namibia

FirstRand Namibia and Ohorongo Cement empower Opuwo youth

Twenty-five Opuwo youths have received brickmaking and business skills training, along with a starter pack to start their own businesses, from the FirstRand Namibia Foundation Trust and Ohorongo Cement. The two-day training was held at the Opuwo Urban Constituency office last week. In a statement issued on Monday, FNB Commercial Relationship Manager Kaarina Matheus highlighted the significant role skills development plays in Namibia’s economic growth agenda. “Namibia needs advanced technical […]

November 28, 2023 23

Opinion Pieces

Financial Literacy for the Next Generation: Preparing Our Youth for Economic Success

By Joachim (Joggie) van Schalkwyk In an era of unparalleled financial complexity, where managing money has become a critical life skill, it is critical to ensure that the next generation is well-equipped to navigate the economic landscape. For good reason, the term "financial literacy" has gained popularity in recent years. It is the foundation upon which our youth will be able to construct a secure and prosperous future. Young people […]

November 7, 2023 7

Business / Economics

The impact of collective contributions for Sustainable Development

By Bank Windhoek’s Sustainable Finance and Environmental, Social and Governance (ESG) Analyst, Joachim Komeheke The concept of sustainable development has evolved over the past decades. These changes are rooted in the global community’s numerous environmental and social awareness achievements. Namibia is an excellent example of how far we have come in driving sustainable development, particularly in ensuring the protection and conservation of our natural environment, an aspect enshrined in the […]

October 30, 2023 9

Opinion Pieces

Being financially prepared and resilient when facing a health challenge

By Mauriza Fredericks, Group Brand Manager, Old Mutual Namibia A health crisis can strike unexpectedly, putting a significant strain on not just our physical well-being but also our finances. Whether it's a sudden illness, a medical emergency, or a global pandemic like the one we experienced in recent years, building financial immunity against an unforeseen health challenge, will go a long way. Building Blocks of Financial Immunity Financial immunity can […]

October 30, 2023 9

Opinion Pieces

Namibia to End Raw Materials Export: Driver Economic Growth and Job Creation

By Josef Sheehama His Excellency Dr. Hage G. Geingob, President of the Republic of Namibia, has declared that the era of exporting raw materials from Namibia is over. This statement was made by the President during his address at the EU-Namibia Business Forum in Brussels, Belgium. The Article 100 of Namibia's Constitution stated that” Land, water, and natural resources below and above the surface of the land and in the […]

October 25, 2023 6