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…

Namibia and LEFA goes to Vivatech Paris

Getting a start-up off the ground is difficult, its especially difficult as money is always an issue. However, sometimes something amazing comes along exactly because I decided not to take the easy route when creating a technology and innovation driven start-up. Our Namibian ride-hailing web-based application, LEFA, gave us the opportunity to attend the epitome…