RMB Namibia has won World’s Best Treasury and Cash Management Bank Award in Namibia, awarded at the prestigious Global Finance magazine Best Treasury and Cash Management Bank Awards 2024.
Business
Cost of building up – First Capital
First Capital’s building cost index indicates a year-on-year increase of 2.4% in March 2024, compared to the same period in 2023.
Opinion – Navigating uncertainty: Gold’s enduring appeal in a fractured world
The global economic landscape is characterised by heightened geopolitical tensions, potential for conflict escalation, and ongoing environmental concerns.
MPs express dissatisfaction with FIMA regulations
Heated debates continue in the National Assembly regarding the Financial Institutions and Markets Act (FIMA) (Act No. 2 of 2021, which was gazetted on 30 September 2021 to replace the outdated Pension Fund Act of 1956.
Starlink officially applies for Namibian access…illegal to operate without CRAN approval
After expressing interest to operate in Namibia, Elon Musk’s low earth orbiting satellite communication company Starlink has officially submitted its application to Namibian authorities.
Nedbank commends top performers
Nedbank Namibia held its annual employee Top Achievers Awards 2022 ceremony on Wednesday evening under the theme, ‘Celebrating the success of your rhythm in harmony’.
Labour commissioner calls on annual returns
The labour ministry has called on all registered trade unions and employers’ organisations to submit their annual returns to the Labour Commissioner within six months after the end of their financial year.
BP profit slumps on falling energy prices
British energy giant BP on Tuesday announced a drop in second-quarter net profit as oil and gas prices retreated from peaks reached a year earlier following Russia’s conflict with Ukraine.
Namcor to address African Energy Week 2023
Namibia, an emerging exploration frontier in Africa, is filled with abundant opportunities for discovery, propelled by the influential role of its national oil company, the National Petroleum Corporation of Namibia (Namcor).
BoE: UK lenders can withstand major shock
Britain›s top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said yesterday.