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FNB assumes BAN chair
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FNB assumes BAN chair

FNB Namibia CEO Erwin Tjipuka recently took over the chairmanship of the Bankers Association of Namibia (BAN) at an event held last week. The responsibility of chairing the association rotates annually among the managing directors or chief executive officers of commercial banks in Namibia. 

Growth in domestic money decreases
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Growth in domestic money decreases

The total amount of money, comprised of cash, checking accounts, saving accounts and other types of deposits, in circulation in the domestic economy actually decreased from 9.9% year-on-year (y/y) growth in April 2023, to 7.7% y/y growth in May 2023. According to a Private Sector Credit Extension report

Amushelelo turns to State amid legal woes
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Amushelelo turns to State amid legal woes

Following the withdrawal of Sisa Namandje in his fight against the prosecutor general’s decision to attach his properties, forex-trader-turned-activist Michael Saddam Amushelelo has now turned to the Directorate of Legal Aid to secure a new lawyer.