Despite the introduction of the credit guarantee scheme for Small Medium Enterprises (SMEs), the Namibia Chamber of Commerce and Industry (NCCI) feels more can be done to relax collateral and security requirements against loans. In August 2020, Finance Minister Iipumbu Shiimi announced the commencement of the scheme providing a collateral cover of 60 per cent to qualifying SMEs applying for

The Bank of Namibia (BoN) has announced that it will vigorously defend its supervisory actions to ensure that the country’s financial system remains sound and stable. This follows an approach by Trustco Group Holdings (TGH) to the High Court of Namibia to seek recourse against BoN’s decision to deny TGH’s N.dollars 1 billion investment into the Namibia banking industry. BoN’s

Despite the introduction of the credit guarantee scheme for Small Medium Enterprises (SMEs), the Namibia Chamber of Commerce and Industry (NCCI) feels more can be done to relax collateral and security requirements against loans. In August 2020, Finance Minister Iipumbu Shiimi announced the commencement of the scheme providing a collateral cover of 60 per cent to qualifying SMEs applying for

The Bank of Namibia (BoN) has announced that it will vigorously defend its supervisory actions to ensure that the country’s financial system remains sound and stable. This follows an approach by Trustco Group Holdings (TGH) to the High Court of Namibia to seek recourse against BoN’s decision to deny TGH’s N.dollars 1 billion investment into the Namibia banking industry. BoN’s

58 million people employed. 214 million tonnes produced. 20.2 kg consumed per person each year. These statistics, from the Food and Agriculture Organization’s 2022 State of World Fisheries and Aquaculture, demonstrate the formidable impact and breadth of the global fisheries sector. However, the immense scale and growth of the fisheries sector has also led to actors committing crimes in the