insert_link 2 1 Business / Economics Four Entities Granted Provisional Licensing by Bank of Namibia The Bank of Namibia has granted provisional licences to Finatic Technologies, United PayPoint, Mindex Virtual Asset Exchange, and Landifa Bitcoin Trade under the 2023 Payment System and Virtual Asset Acts. BoN's Kazembire Zemburuka indicated in a press release that full licensing depends on meeting compliance conditions within six months. Stakeholder Engagement Officer, Strategic Communications and International Relations officer at the regulator Sonia Namadiko expands: today14 January, 2025 75 1 2
insert_link Local 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 […] today20 February, 2024 15
insert_link 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 […] today13 December, 2023 17
insert_link 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 […] today21 November, 2023 29