As International Fraud Awareness Week underscores the global urgency to combat financial crime, FNB and RMB Namibia convened a high-level engagement focused on fraud awareness and cybersecurity. The event brought together senior decision-makers and risk officers to address the escalating threat of fraud and cybercrime, issues that compromise not only individual security but the resilience...
The social and economic ripple effects of the Universal Service Fund (USF) programme is expected to be substantial, including improved connectivity for schools that will benefit from reliable internet speeds of up to 35 Mbps. This is as the government continues to roll out the USF and has already allocated N$145 million to connect underserved...
As part of its commitment to protecting consumers and preserving the integrity of the financial system, Standard Bank Namibia has partnered with the Namibian Police to deliver targeted training on investigating digital fraud. This initiative forms part of the bank’s activities for International Fraud Awareness Week 2025, observed globally each November, and reflects the growing...
United Africa Group (UAG) launched the United PayPoint yesterday. A new FinTech company was created to make financial services simple and accessible for people across Namibia. United PayPoint, is a fully licensed Payment Service Provider with authorisation from the Bank of Namibia to issue e-money and provide payment intermediary services, alongside a Micro Lending License...
The Board of Directors of the Bank of Namibia yesterday praised the governor of the central bank Johannes !Gawaxab, for his dedicated leadership during his tenure. This follows an unexpected announcement that the governor will vacate his post at the end of this year. The board cited inflation that remained well contained during his tenure,...
Rosh Pinah Zinc Corporation (RPZC) and Namitvest have formalised a Payroll Deduction Agreement to allow Mine Workers Union of Namibia (MUN) members employed at RPZC to purchase Namitvest shares through automated salary deductions. Rosh Pinah Zinc is a long-established zinc mine located in the southwest of Namibia and employing a significant number of MUN members....
Ethiopian Airlines, Africa’s largest carrier, will soon purchase 11 additional 737 MAX jets from Boeing. The order for 11 B737-8s, signed at the Dubai Airshow on Monday, is intended for Ethiopian Airlines to expand its regional and international networks and grow its Addis Ababa hub. “We are thrilled to be announcing our agreement with Boeing...
Ministers and high-level government officials formally opened the World Telecommunication Development Conference (WTDC-25) this week with statements on how to ensure everyone around the world benefits from digital technologies. Organised by the International Telecommunication Union (ITU) and hosted in Baku by the Government of Azerbaijan, WTDC-25 focuses on the push for universal, meaningful and affordable...
An analysis conducted by the Bank of Namibia shows that a lower inflation target of 3% in South Africa will lead to low and stable long-term inflation in Namibia, which is beneficial for price stability. The Bank of Namibia states that the eventual decline in inflation is expected to cause a reduction in interest rates...
Thomas Kanime, the founder of Kaashi-o Printing Shop and Kaashi Café, built his business from simple beginnings, strong discipline, and a desire to serve his community. Although Kaashi-o Printing Shop opened just over three years ago, the idea started long before that. Kanime worked for more than six years in the printing and office environment....