07
Dec
Chamwe Kaira Alexander Forbes Namibia (Alexforbes) reported 2% growth for the six months ended 30 September, driven by higher administration, consulting and advice fee revenue. The company said the increase was partly offset by lower asset-based income following the implementation of direct asset management fees from South Africa. Alexforbes has initiated a process to decommission legacy fund administration platforms and consolidate its administration systems throughout South Africa, Namibia and Botswana. The company said the project, launched in mid-2025, is progressing on schedule and is expected to improve client experience, deliver cost efficiencies and support scalability over the medium to long…
