Bank Windhoek was recently recognised as the Best Foreign Exchange (FX) Bank in Namibia by London-based Global Finance, a leading international financial portal and print magazine. Global Finance covers various areas such as banking, trading, technology, tax and legal, and asset and wealth management. The bank also scooped the Small and Medium Enterprises’ (SME) Bank...
The Development Bank of Namibia (DBN) has announced the appointment of its chief executive officer John Steytler to the board of trustees of the Southern African Development Community’s Development Finance Resource Centre (SADC-DFRC). The appointment was confirmed at the SADC DFI Network meeting held on 29 November 2024 in Mbombela, South Africa. The SADC-DFRC is...
The Namibia Employers Federation (NEF) has been actively advocating the deferment of the National Minimum Wage (NMW) implementation, which is currently set for 1 January 2025. Despite extensive engagement with unions and government stakeholders, no agreement to postpone the date has been reached. Many union offices have already closed for the holiday season, leaving consultations...
The Namibian senior women’s hockey team successfully defended their Nkosi Cup in Cape Town on Tuesday night, crushing South Africa 3-1 in an intense final at the Wynberg Military Base. The victory marked another milestone for Namibia, securing their second consecutive Nkosi Cup. Namibia took control early in the match, with Jivanka Kruger scoring the...
The United States of America’s International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation Ltd (Finnfund) and Google LLC on Monday announced an initial equity investment of US$90 million into Cassava Technologies Limited. Cassava is a market-leading and diversified information and communications technology (ICT) platform in Africa. Operating in over 30 countries, Cassava provides...
Organisers of the third edition of the 2024 Nedbank Volley first Tournament, scheduled for 21 December at the Mole in Swakopmund, say it’s all systems go for the highly-anticipated social event. Dave Hammond of Connect People to People (CPTP), said they have partnered Nedbank Namibia to organise the tournament, which moves from northern Namibia to...
The Bank Windhoek Kehat Beukes Chess Tournament hosted in conjunction with the Namibia Chess Federation (NCF) attracted 70 participants over the past weekend. The tournament, which was sponsored by Bank Windhoek, was held from Saturday, 14 to15 December in Swakopmund. It was dominated by Namibian players who travelled from across the country, and had an...
A training on facilities’ management, held from 18 to 22 November 2024, in Windhoek, has been described as a resounding success, bringing together key industry leaders and professionals to enhance their skills. The training was facilitated by experts from CEA (South Africa), ensuring a high-quality learning experience for all delegates. This was the first training...
After acknowledging reports of a data exfiltration attack on Telecom Namibia, one of the country’s telecommunications operators, the Communications Regulatory Authority of Namibia (Cran) has underscored the critical importance of robust cybersecurity measures to safeguard vital infrastructure and consumer data. Through the Namibia Cyber Security Incident Response Team (NAM-CSIRT), Cran promptly responded upon identifying the...
The Council of Ministers responsible for sport in the Africa Union Sports Council (AUSC) Region 5 has announced a change of dates for the 2025 youth games. Initially scheduled to take place from 6 to 15 June, the games will now be from 4 to 13 July 2025. The change of dates was necessitated to...