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A service for banking industry professionals · Wednesday, March 29, 2023 · 624,940,419 Articles · 3+ Million Readers
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Bank of Namibia News Monitoring

  • Published on Mar 28, 2023

    Don't use unemployment to score political points – Nekongo

    SWAPO Party Youth League (SPYL) secretary Ephraim Nekongo says the high youth unemployment rate should not be used to score political points by those who prey on the desperation of young people. Don't use unemployment to score political points – …

    Source: The Namibian - Neutral
  • Published on Mar 28, 2023

    Namcor board was set to discuss Mulunga's N$100m Angola transaction Board member's drug arrest stops

    THE National Petroleum Corporation of Namibia (Namcor) board was yesterday set to discuss possible action against managing director Immanuel Mulunga, who is accused of making an unauthorised N$100 million payment to an Angolan partner. Sources claim this …

    Source: The Namibian - Neutral
  • Published on Mar 27, 2023

    Don't be used as political pedestals – Nekongo

    The Swapo Party Youth League (SPYL) secretary, Ephraim Nekongo, has said young people must not allow themselves to be used as "political pedestals" by those who politicise issues like unemployment. Nekongo said this in his series of social media …

    Source: The Namibian - Neutral
  • Published on Mar 27, 2023

    No proof of illegal activities by Chinese lithium miner – Alweendo

    MINISTER of mines and energy Tom Alweendo says his ministry's records show no proof of illegal activities being perpetrated by Chinese lithium miner Xinfeng Investment. “The petition we received earlier, there was no proof of illegality. But you seem …

    Source: The Namibian - Neutral
  • Published on Mar 27, 2023

    I'm not interested in DBN job – Mnyupe

    PRESIDENTIAL economic adviser James Mnyupe says he is not interested in the position of chief executive officer at the Development Bank of Namibia (DBN). He says he is committed to staying in his current position as Namibia's green hydrogen …

    Source: The Namibian - Neutral
  • Published on Mar 24, 2023

    Namcor's power struggle exposes suspicious deals

    THE National Petroleum Corporation of Namibia (Namcor) is embroiled in a dirty power struggle between its board chairperson Jennifer Comalie and managing director Immanuel Mulunga over the control of the state-owned oil company. Comalie is accused of …

    Source: The Namibian - Neutral
  • Published on Mar 24, 2023

    Banks' government securities exposure at 34%

    DESPITE the Namibian commercial banks being 34% exposed to government securities, there is nothing pointing to a bank run, and depositors' money is safe, the Bank of Namibia has said. Some failed banks in the United States of America and Europe have …

    Source: The Namibian - Neutral
  • Published on Mar 23, 2023

    Namcor board investigates Mulunga for N$100m Angola oil blocks payment

    THE National Petroleum Corporation of Namibia (Namcor) board is investigating its managing director, Immanuel Mulunga, over his involvement in a payment of N$100 million for two Angolan oil blocks. Namcor will co-own the oil blocks with Angola's state- …

    Source: The Namibian - Neutral
  • Published on Mar 23, 2023

    Millions still flowing to Govt bonds

    THE last auction of government bonds for the 2022/23 fiscal year had investors flocking to buy more government bonds, despite the falling yields caused by high interest rates. When interest rates rise, a normal economic reaction would have investors …

    Source: The Namibian - Neutral
  • Published on Mar 22, 2023

    SMEs need financial support – Iindji

    SMALL businesses need support as they navigate the impacts of the Covid-19 pandemic, economic challenges, and the climate crisis, says First National Bank Namibia (FNB) commercial head Thomas Iindji. He says micro, small and medium enterprises (MSMEs) are …

    Source: The Namibian - Neutral
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