Bank Windhoek appoints Ngula as its e-Money Head

Bank Windhoek appoints Ngula as its e-Money Head

Bank Windhoek’s Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, recently announced the appointment of Candy Ngula as the Bank’s Head of Electronic Money (e-Money), effective Thursday, 1 February 2024. Chapman said that, in her new role, Ngula will focus on driving the value of e-Money and will be responsible for the growth and optimisation of e-Money across Bank Windhoek’s Retail Banking Services. Ngula joins […]

February 20, 2024 7

Business / Economics

Scramble in SA crypto market ahead of licensing round

By Conrad Onyango, bird story agency South Africa is witnessing an expansion in cryptocurrency offerings as the country gets closer to issuing its first operational licenses to financial service providers. Payment firms and fintech companies are driving the move, with commercial banks expected to follow suit. One of the latest offerings enables users to purchase goods and services using cryptocurrency, while another allows them to withdraw digital currency as cash […]

December 13, 2023 10

Business / Economics

Ministry of Mines and Energy concerned over sale of licenses

The Ministry of Mines and Energy on Monday cautioned individuals and entities that are selling licences and certificates issued by the ministry, indicating that they are doing so in contravention of the law as they are non-transferable. “The ministry has observed with deep concern the proliferation of advertisements on social media platforms wherein individuals or entities are offering to sell wholesale fuel licences and retail fuel licences and are marketing […]

November 21, 2023 24