Nedbank Namibia, one of the country’s leading banks, is set to play a pivotal role in supporting small and medium enterprises (SMEs) through a pioneering programme initiated by the Namibia Special Risks Insurance Association (Nasria). Participating financial institutions seek to address a significant hurdle faced by SMEs – the lack of collateral to secure business…
Millions are missing out on vital nutrients due to overfishing New figures from the international not-for-profit, the Marine Stewardship Council (MSC), show that ending overfishing could provide nutrition for millions of additional people, helping to prevent serious and life-threatening health conditions. Seafood is one of the most-nutrient rich foods, packed with vitamins, and already provides…
Over the past few years, the insurance industry has experienced tremendous change as various challenges erupted, such as declining economic conditions, which were worsened by the Covid-19 pandemic. As is the case with facing difficult circumstances, we usually witness considerable innovation when overcoming hurdles like these. Traditionally, the insurance industry has been conservative, but lately…
Introduction Our previous article clarified the term “credit” and the scenarios under which banks grant it. This article is more detailed and explains how customers apply for credit and what banks look for before extending credit to their customers. Once credit is extended to customers, they must comply with the terms and conditions of the…
For people to read the bible today in the comfort of their homes, somebody, somewhere kept custody of the scroll and preserved it using ancient preservation techniques for maximum protection, so that our generation can have the bible today. Similarly, institutions preserve records and data through their records and information management divisions. To effectively manage…