By Absalom Uushona The future of quantitative investing is going to be shaped by Artificial Intelligence. Quantitative investment strategies can identify better opportunities and leverage into those using mathematical models with the use of sophisticated algorithms. Quantitative investing applies a mathematical model and algorithms to determine investment opportunities. About halfContinue Reading
Old Mutual Namibia has announced a revolutionary partnership with MTC whereby members of the Old Mutual Rewards programme will be able to redeem their Rewards points for airtime. This is a significant step in Old Mutual Namibia’s drive to add value and convenience to their Rewards membership by integrating day-to-dayContinue Reading
Anchored by the telecommunications giant MTC, the Institute of People’s Management (IPM) Conference hosted its 14th edition under the theme, “Namibia Decides – Managing Hopes and Fears.” The two-day conference, highly popular among Human Resource practitioners in Namibia was held in Windhoek on the 18th to 19th November 2024 andContinue Reading
Letshego Holdings Namibia has announced the appointment of Herwin Tsowaseb as Head of Credit, effective 15 November 2024. Herwin brings a wealth of expertise in credit evaluation and financial management, with over a decade of experience in senior roles at some of Namibia’s leading financial institutions. Herwin’s academic credentials furtherContinue Reading
By Eddie King Financial default occurs when an individual or small business fails to meet the agreed-upon payments on a debt, meaning they fail to service their instalments on the approved loan or facility, such as a home loan, personal loan, overdraft facility, or credit card. Defaulting on payments canContinue Reading
PSG Wealth Namibia, a leading financial services provider, and the Institute of Chartered Accountants of Namibia (ICAN), the premier accounting institute in Namibia, have joined forces in a groundbreaking partnership to advance financial planning education for chartered accountants. The collaboration aims to enhance the skills and expertise of accounting professionals,Continue Reading
Switzerland-based Blue Earth Capital provided N$198 million (about US$11 million) in debt to Rhino Park, a private hospital in Windhoek. This is the first African health investment by Blue Earth’s private credit team, Business Express understands. “Our private credit strategies finance growing businesses that have an intentional footprint in impact,Continue Reading
The Roads Authority (RA) has announced that, according to a survey done by Statista, Namibia has the best quality road infrastructure in Africa for 2024. In terms of road conditions and extensiveness, the country reached an index rating of 5.57 on a scale from 1 (lowest) to 7 (highest). EgyptContinue Reading
BW Energy has committed to drill a well on the Kharas prospect offshore Namibia on the northwest of the Kudu Formation. The company has secured long-lead items for a program that it hopes to start in the second half of next year. It is reviewing offers for rig capacity viaContinue Reading
Bank Windhoek secured second place at the Battle of the Banks competition hosted by ICAP Training Solutions South Africa. Bank Windhoek’s Managing Director Baronice Hans said this achievement underscores the exceptional talent within Bank Windhoek. “It highlights the value of investing in initiatives that build local expertise while strengthening ourContinue Reading
