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Local

Partnering for prosperity: Nedbank Namibia’s commitment to strengthening Namibia’s agriculture sector

  Namibia's agricultural sector is a cornerstone of its economy, yet it faces a myriad of challenges that threaten its sustainability and growth. Agriculture contributes over 8% to Namibia’s gross domestic product (GDP), with about 70% of the population dependent on it for income and food security. Additionally, agriculture is the largest employer in the country, accounting for over a fifth of the local workforce. Despite its economic significance, the […]

todayJune 10, 2024 5

Africa

Tech-savvy Africans are hedging against inflation by going digital

    By Conrad Onyango, bird story agency   The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […]

todayFebruary 19, 2024 16

Business / Economics

Understanding the Financial Landscape of Namibia: Insights from the Old Mutual Financial Services Monitor

In a time of economic uncertainty, Old Mutual Namibia remains committed to gaining a deeper understanding of the financial behaviours and attitudes of Namibians. Yesterday Old Mutual Namibia launched its Old Mutual Financial Services Monitor (OMFSM), an annual study, which offers invaluable insights by focusing on a key cohort in society, namely employed Namibians, who account for about 28% of the Namibian population, aged between 18 to 65 with an […]

todayNovember 1, 2023 5

Opinion Pieces

Boost your credit score understanding

By Bank Windhoek’s Executive Officer of Credit, Eddie King. By Bank Windhoek’s Executive Officer of Credit, Eddie King. Imagine John, a 35-year-old professional. In his 20s, he juggled multiple credit cards, often reaching their limits and only managing minimum payments. By 30, he faced mounting interest, a declining credit score, and challenges securing a car loan. However, after seeking financial counselling, consolidating his debts and adopting disciplined repayment habits, John's […]

todayOctober 25, 2023 4

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