Risk Management

Namdia recovers N$40.6 Million in stolen diamonds as investigation continues

Namib Desert Diamonds (NAMDIA) has given an update on the armed robbery at its premises, confirming that diamonds worth N$40.6 million have been recovered out of the N$314.9 million stolen. The Namibian Police Force is leading the investigation, with two suspects arrested and scheduled to appear in court on 23 May 2025. The diamond marketing and sales company has reaffirmed its commitment to increasing security measures to prevent future incidents. […]

6 March, 2025 41

Namibia

Experts Warn of Holiday Risks, Including Theft and Burglary

The festive season is associated with a higher likelihood of theft and accidents. Many people leave their homes unoccupied, making them more vulnerable to criminal activity. Johannes Hesekiel from Old Mutual emphasizes the need for vigilance during the holidays.

26 November, 2024 27

Local

Letshego Holdings Namibia Welcomes Herwin Tsowaseb as Head of Credit

Letshego Holdings Namibia is delighted to announce the appointment of Herwin Tsowaseb as Head of Credit, effective 15 November 2024. Herwin brings a wealth of expertise in credit evaluation and financial management, with over a decade of experience in senior roles at some of Namibia’s leading financial institutions. Herwin’s academic credentials further underscore his capability. He holds a Master of Philosophy in Development Finance from the University of Stellenbosch […]

21 November, 2024 14

Opinion Pieces

AI offers hope for quantitative investing

Wednesday, 20 November 2024 - The future of quantitative investing is going to be shaped by Artificial Intelligence. Quantitative investment strategies can identify better opportunities and leverage into those using mathematical models with the use of sophisticated algorithms. Quantitative investing applies a mathematical model and algorithms to determine investment opportunities. About half of quantitative investors have implemented AI in their processes for investing. However, just 10% of those are actually […]

21 November, 2024 13

Opinion Pieces

Stakeholder contribution towards pension fund operational efficiency

Pension funds are essential for the responsible management and safeguarding of members' retirement savings, providing peace of mind through robust communication and awareness efforts. These savings offer financial security, independence, and stability upon retirement, disability, ill-health, and death, while also serving as a cushion in cases such as retrenchment. For pension funds to operate efficiently, contributions must be managed responsibly within regulatory and legislative frameworks, with a focus […]

17 September, 2024 17

Africa

Nigerian farmers lack insurance: payouts triggered by weather data offer a solution

By Ifedotun Aina, University of Cape Town and Opeyemi Ayinde, University of Ilorin Agriculture is hugely important to Nigeria. It makes up about a quarter of the country’s economy, and almost half of the population are smallholder farmers. Most farm on less than 10 hectares of land. It can be a tough way to make a living. Smallholder farmers in Nigeria regularly lose crops and livestock to floods […]

17 September, 2024 63

Business / Economics

Short-Term Insurance: A Vital Shield for Small Business Owners Against Potential Risks

Small companies experience various challenges in the constantly evolving business landscape of the present day. There are numerous uncertainties that arise during the journey, ranging from managing daily tasks to navigating the intricacies of market demands. Small business owners are most concerned about unforeseen incidents that could interrupt their operations and put their assets at risk. Short-term insurance serves as a safeguard, protecting assets and ensuring business operations continue […]

2 September, 2024 31

Science & Technology

Cybersecurity expert warns of common cybercriminal tactics

Cybercriminals employ various tactics to target individuals, often using common techniques. Cornelia Shipindo, the Cyber Security Manager at the Communications Regulatory Authority of Namibia, says there is an importance in understanding these methods to protect yourself and your organisation.

17 July, 2024 37

Namibia

Namibia eyes Artificial Intelligence for increased productivity

Artificial Intelligence can increase productivity in Namibia's agriculture, manufacturing sectors, healthcare, and transportation industries. However, Manager of Cyber Security at the Communication Regulatory Authority of Namibia, Cornelia Shipindo says that while AI promises progress and innovation, it also introduces new risks and challenges.

14 May, 2024 117