Economics

Repo rate remains unchanged

6 days ago - 21 October 2020 | Economics

The Bank of Namibia (BoN) announced that the repo rate would remain unchanged at 3.75%, governor Johannes !Gawaxab said at the Monetary Policy Announcement in the capital on Wednesday.!Gawaxab said that it remains appropriate to...

GIPF invests in home-grown asset management companies

6 days ago - 21 October 2020 | Economics

The Government Institutions Pension Fund (GIPF) announced the introduction of its incubation assets management programme, which commenced in 2019.The programme aims to address the need for active beneficial participation of Namibian professionals in the asset...

GIPF says investments safe

1 month - 17 September 2020 | Economics

The Government Institutions Pension Fund (GIPF) said that it is aware of the de-registration of the Baobab Capital (Pty) Ltd (the fund manager) and Baobab Growth Fund (Pty) Ltd (referred to as Special Purpose Vehicle...

GIPF shares info on local investment ecosystem

1 month - 01 September 2020 | Economics

The Government Institutions Pension Fund (GIPF) recently held a half day workshop in the capital to educate media practitioners on the investment ecosystem and to create awareness on why pension funds invest members’ contributions.“The GIPF...

Home budgeting lessons from lockdown

3 months ago - 22 July 2020 | Economics

If lockdown has taught us anything, it is the importance of sticking to a budget and having emergency savings available should the unforeseen happen.This can be challenging for those whose credit extends beyond their monthly...

How agent fees can lead to a bigger profit

3 months ago - 08 July 2020 | Economics

The impact of Covid has been felt across all sectors of the economy, resulting in high levels of unemployment and reduced household income levels.Selling a...

Budget and more in the spotlight

4 months ago - 18 June 2020 | Economics

Finance minister Iipumbu Shiimi said that he is content with the response he has seen from all Namibians from both the private and public sector...

Rental market rebounds after two years

5 months ago - 18 May 2020 | Economics

The FNB Rental Index for the first quarter of 2020 shows that overall residential rent prices rebounded from a two-year negative growth territory.However, FNB Market...

Pay less for motor insurance

6 months ago - 17 April 2020 | Economics

In response to the Covid-19 pandemic, Hollard Namibia announced a 20% premium reduction to all motor policyholders for the month of May 2020.“This aims to...

Repo rate lowest yet

6 months ago - 16 April 2020 | Economics

The Monetary Policy Committee (MPC) of the Bank of Namibia (BoN) announced a reduction of the repo rate by 100 basis points to 4.25% in...

Another N$5 million for pandemic

6 months ago - 14 April 2020 | Economics

The Capricorn Group announced a N$5 million contribution to the nationwide efforts to help address some of the challenges posed by the Covid-19 pandemic.Specific areas...

Suspending income tax not an option – Shidhudhu

6 months ago - 14 April 2020 | Economics

Suspending income tax to ease the burden of Covid-19 is not an option at this stage, says ministry of finance spokesperson, Tonateni Shidhudhu.His statement comes...

Economics

‘Retain employees’ - Shinguadja

7 months ago - 26 March 2020 | Economics

The executive director in the ministry of labour, industrial relations and employment creation, Bro-Mathew Shinguadja, called on employers not to retrench, force employees to resign...

Retailers say no need to...

7 months ago - 24 March 2020 | Economics

Management of food stores in Namibia agree: There is no need to panic since there are various measures in place to ensure that the country...

Hope springs eternal

8 months ago - 26 February 2020 | Economics

The current weak economic situation can be turned around by making smart policy choices and appointing capable and competent leaders, High-Level Panel on the Namibian...

Housing market remains stable

8 months ago - 21 February 2020 | Economics

The rental market continues to bottom-out although at a moderate pace. In effect, the FNB Rental Index as at December 2019 shows a contraction of...

GIPF improves processing of claims...

11 months ago - 26 November 2019 | Economics

The Government Institutions Pension Fund (GIPF) announced the fund’s solution upgrade from the Horizon solution to the Document Management Solution (DMS).DMS is a workflow solution...

What Monopoly can teach us...

11 months ago - 11 November 2019 | Economics

Purchasing your first home can be very intimidating, which is why it can be helpful to think of the process in more familiar terms.According RE/MAX’s...

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