What is collateral?

Every industry has unique words, terms and phrases. In the financial world, you may have encountered the word “collateral” or “security” when you visit your bank for a loan; but what exactly does this mean and why do banks ask for collateral? “Collateral refers to something of meaningful financial value which you as a borrower…

Community service announcement

The Cancer Association of Namibia (WO30) is hosting Programme 7 of the National Cancer Outreach in central to north-central Namibia: 19-Jun, Tuesday, from 10:00 at the Orwetoveni Clinic in Otjiwarongo 20-Jun, Wednesday from 8:00 at the State Clinic in Tsumeb town, and 14:00 from the private hospital in Tsumeb 21-Jun, Thursday from 9:00 at the…

Let’s do it for our Men!

Men generally don’t make their health a priority. All too often, wellness is put on the backburner in favour of work or other obligations. In Namibia we have experienced a rapid increase in male health conditions that include hypertension, diabetes, heart conditions and prostate cancer. “Male HIV infection rates remain on an incline, while we…