The Government Institutions Pension Fund (GIPF) is ready to implement the much anticipated and fund-initiated Pension Backed Home Loan Scheme (PBHLS) following the public announcement by finance minister Ericah Shafudah. “The GIPF has been proactively seized with this matter since 2016 when the Board of Trustees approved a proposal to amend its rules to allow...
In the sphere of financial planning, few actions are as straightforward yet significant as routinely updating the beneficiaries of your retirement annuity (RA). This simple step ensures that your hard-earned assets are distributed in line with your wishes, offering peace of mind for you and security for your loved ones. Beneficiaries matter Life is ever-changing...
Bank Windhoek is offering a Business Banking Masterclass series, with the tagline ‘Where Business Makes Sense’. The initiative is a ten-video educational programme designed to equip individuals, small and medium enterprises (SMEs) as well as corporate customers with the knowledge and tools needed to thrive in today’s complex financial landscape and refresh their business knowledge. ...
The Ministry of International Relations and Trade has announced the official launch of Namibia’s first export consignment under the African Continental Free Trade Area (AfCFTA) framework. The event is scheduled to take place today, at Walvis Bay and will be officiated by the Minister of International Relations and Trade, Selma Ashipala-Musavyi. This historic event will...
The Namibia Investment Promotion and Development Board (NIPDB) has welcomed the strategic alignment by President Netumbo Nandi-Ndaitwah for it to resort under the Ministry of International Relations and Trade. NIPDB’s chief executive officer Nangula Uaandja, said the move is part of a broader effort to streamline government’s economic development agenda and to enhance coordination across...
Despite extreme volatility of international oil prices coupled with under-recoveries in the domestic market, local fuel prices will remain unchanged for July 2025. This is as the Ministry of Industries, Mines and Energy provides relief to consumers by keeping fuel prices for all products unchanged until the next review. The National Energy Fund (NEF) will...
Telecom Namibia has acknowledged recent service quality challenges that have left some customers frustrated with mobile and fixed data services, as well as roaming. “We assure our customers that we are actively working to stabilize network performance through continuous traffic optimisation and technical enhancements,” Telecom said about the service challenges over the past few weeks. ...
WASHINGTON – President Donald Trump said on Friday he was calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week. Trump was referring to Canada’s digital services tax, which was passed last year and forecast to bring in...
At a critical juncture for the world economy, over 1 700 global leaders from government, business, academia, civil society, international organisations and media gathered at the World Economic Forum’s 16th Annual Meeting of the New Champions 2025. The event concluded in Tianjin, China, yesterday. Through high-level dialogues and action-oriented discussions, the meeting helped leaders navigate...
Despite extreme volatility of international oil prices coupled with under-recoveries in the domestic market, local fuel prices will remain unchanged for July 2025. This is as the Ministry of Industries, Mines and Energy provides relief to consumers by keeping fuel prices for all products unchanged until the next review. Other factors that impacted the international...