Kelvin Chiringa unpacks the Bank of Namibia’s directive to scrap deposit payments for second-time homeowners with Namibia Housing action Group co-director Heinrich Amushila, economist Salomo Hei and labour and economic researcher Herbert Jaunch. The post The Conversation – dissecting bon’s exemption of deposit on second bonds appeared first on The Namibian. Source link
Chamwe Kaira The Government has successfully redeemed the JSE-listed Nam03 bond, which matured on the 1st of August with an outstanding balance of N$157 million. This is contained in the Fiscal Policy Statement for the Financial Year 2024/2025 to 2026/2027 released by the Ministry of Finance and Public Enterprises this week. The Government further rolled...
The Development Bank of Namibia (DBN) announced the successful full redemption of its DBN23 bond, which was the last of three fixed-rated bonds issued by the bank in 2018 and had an amortizing structure. DBN20A1, the first of the three, was issued in February 2018 raising N$140 million, DBN20B was issued in March 2018 raising...
In this edition, Namibian Stock Exchange CEO, Tiaan Bazuin gives an update on the green bonds listed on the NSX. CHAMWE KAIRA (CK): How many green bonds are listed on the Namibian Stock Exchange, is Namibia the second African country to issue a green bond after signing up to the United Nations’ (UN’s) sustainable stock...
Given the persistent rise in inflation, soaring interest rates and geopolitical turmoil, both shares and bonds struggled in 2022, but the outlook for bonds is positive and bonds still have an important role to play in multi-asset portfolios. Bonds are a type of financial instrument where investors lend money to either a company or a...