BoN and NAMFISA’s FSR indicates Namibian financial system remained sound and resilient

The Bank of Namibia (BoN) and Namibia Financial Institutions Supervisory Authority (NAMFISA)’s Financial Stability Report (FSR) for 2023 indicates that the Namibian financial system remained sound and resilient in 2022. Projected vulnerabilities in the global financial system could, however, potentially impact the domestic financial system. Domestic economic growth improved from 3.5% in 2021 to 4.6% […]

Kavango East Region records high cases of GBV

Despite efforts by various organisations to curb the scourge of Gender-Based Violence (GBV) in the country, the Kavango East Region continues to record high cases of GBV. According to statistics from the GBV Unit in Rundu, on average, the region records over 5,000 cases of GBV annually and over 400 cases every month. A senior […]

Standard Bank Namibia commits to gradually move low-income earners to modern houses

Standard Bank Namibia, through its corporate social responsibility programme, has reaffirmed its commitment to gradually move low-income earners from shacks to modern houses. The bank pledged N$2,6 million towards the Shack Dwellers Federation of Namibia project for this year. Standard Bank Namibia Senior Copywriter Khadijah Mouton says the bank has a significant role to play […]