Arysteq, the largest independent, wholly-Namibian-owned asset management company, yesterday listed its first Actively-Managed Exchange Traded Fund (AMETF), the Arysteq Short-Term Income AMETF (ASIETF) on the Johannesburg Stock Exchange (JSE). Approved by the Namibia Financial Institutions Supervisory Authority (Namfisa), the Arysteq Short-Term Income AMETF is the first Namibian-based fund to list on the JSE. It is...
Landless People’s Movement (LPM) parliamentarian, Eneas Emvula, has called for urgent action to protect the rights of Namibia’s children, highlighting the realities faced by many young citizens who are forced to work for survival. He urged leaders to prioritise the needs of the most vulnerable and ensure that the nation’s progress benefits all. He recounted...
The African Export-Import Bank (Afreximbank) recently released its consolidated financial statements and those of its subsidiaries for the year ended 31 December 2024. These financials indicate that Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures and elevated interest rates, posting a net income of US$973.5 million...
The second Old Crocks fistball tournament took place over the long weekend in Swakopmund, with international teams dominating proceedings. In the women’s category, HeidGenossen proved their dominance, winning the tournament in that specific division, followed by Swiss team RiWi Alpenpower, who bagged a silver medal. Meanwhile, TK Hannover had to settle for a bronze medal,...
FNB Insurance has killed two birds with one stone by supporting a local business and promoting road safety at the same time. This is because the insurance arm of FNB has launched a partnership with LEFA Transportation Services Namibia. This is aimed at promoting responsible driving and enhancing road safety in Namibia. The agreement is...
Old Mutual Namibia reached a significant milestone on its Rewards Programme, where customers have to date redeemed more than 10.4 million, which is equivalent to N$1 million. The programme continues to grow as a key customer loyalty and engagement programme, with more than 25 000 members now participating in it. Old Mutual Namibia’s existing Rewards...
Hyphen Hydrogen Energy (Hyphen) has launched the Hyphen Hydrogen Energy Skills Census, which it describes as a groundbreaking initiative supporting Namibia’s first large-scale green hydrogen project. This census allows Namibians to submit their skills information and upload relevant documents to be included in a comprehensive job- seekers database. The Hyphen Green Hydrogen project in southern...
The Capricorn Eagles series came to a dramatic close with a nail-biting final game that had fans on the edge of their seats right up to the last ball on Tuesday. In what has been arguably the most entertaining showcase of international women’s cricket on Namibian soil, Uganda beat the Capricorn Eagles by six wickets...
Amid growing trade tensions, the International Air Transport Association (IATA) has reinforced its position that trade drives prosperity, and that any measures undermining the free flow of goods ultimately hurt businesses, consumers and economies. “Current trade tensions are deeply concerning. Trade drives prosperity. The more the world trades, the better off we all are. So,...
The Government Institutions Pension Fund (GIPF) has announced a pension benefit increase of 4%, effective 1 April 2025 for all GIPF pensioners, qualifying annuitants, spousal and child beneficiaries. Pensions in payment or deferment for less than a year as of 31 March 2025 preceding the increase date will receive an increase on a pro-rata basis. ...