FNB Namibia launched its Exchange Traded Note (ETN) this week, which the bank said will allow Namibians to participate and access listed instruments in international companies like Apple, Amazon, Berkshire Hathaway, and Microsoft for as little as N$10. The ETN is listed on the Namibia Stock Exchange (NSX), allowing it to be purchased directly from...
By Christoff Bauernschmitt, Head of Alternative Investments, Old Mutual Investment Group, Old Mutual Namibia In a world increasingly focused on sustainability and environmental responsibility, the concept of “green investing” has gained significant traction. It signifies a shift away from traditional investing techniques and towards a broader commitment to environmental and social well-being. Green investing is...
African leaders and global policymakers recently gathered in Kenya for the inaugural Africa Climate Summit to discuss the challenges of funding climate solutions. The summit showed that private sector investments, in particular, could go a long way toward accelerating the continent’s energy transition.Efforts are already underway to attract more foreign capital, especially from the United...
Uranium hopeful Bannerman Energy is hoping to take a final investment decision on its Etango project, in Namibia, in the first half of next year. The company on Monday said overall front-end engineering design activities for the Etango project were progressing to plan and on budget, and that all environmental clearance certificates and national heritage...
Namibia has enacted the country’s first legislation to license and regulate Virtual Asset Service Providers (VASPs) and Initial Token-Offering Service Providers (ITOSPs), the central bank announced this week. Namibia became the 3rd Sub- Saharan African country to take bold legislative steps to regulate this sector and fully protect the public against potential risks the Bank...
By Staff Reporter WINDHOEK, July 31 — The World Food Programme (WFP) is actively engaged in enhancing food security and nutrition in Namibia through a range of impactful initiatives. In June 2023, WFP provided vital assistance to more than 19,000 individuals, deploying its Home-Grown School Feeding Programme, Integrated Community-based Food Systems Projects, and Cash Based...
STEPHEN BAARD The average person on the street has had a difficult year as central bankers continued to battle stubbornly high inflation. This has resulted in rising interest rates with no end in sight. Equally, we have had to deal with a weak currency that has provided no relief as oil prices rose as well....