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FNB Namibia clients will no longer use domestic payment channels for cross-border EFTs
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FNB Namibia clients will no longer use domestic payment channels for cross-border EFTs

Clients of the First National Bank of Namibia (FNB) who receive cross-border electronic fund transfer (EFT) payments within the Common Monetary Area (CMA) will no longer be permitted to use domestic payment methods and channels. These cross-border payment changes take effect next month. This means all cross-border payments to an individual or a business in...

Channels for Change Guide launched
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Channels for Change Guide launched

Setting up a civil society organisation has been made easier with the launch of Channels for Change, “A Guide to Setting Up Civil Society Organisations in Namibia.” The guide aims to explain different ways of setting up civil society organisations, highlight some of the advantages and disadvantages of each type of structure, and discuss issues...

Local institutions’ readiness tested to become onlending channels for climate change funding
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Local institutions’ readiness tested to become onlending channels for climate change funding

An inception meeting was recently held in Windhoek with targeted local institutions, to determine their readiness to receive funding directly from the Green Climate Fund, and then to act as onlending agents for climate projects. The meeting was facilitated by the Environmental Investment Fund of Namibia. Under the Readiness and Preparatory support programme of the...