Windhoek Observer

Chamwe Kaira  Old Mutual Limited has confirmed the finalisation of its interim dividend, with Namibian shareholders set to receive 37 cents per share.  The company, listed on the Johannesburg, London, Malawi, Zimbabwe and Namibian stock exchanges, declared the dividend on 10 September. The payment will be made on 6 October 2025 to all shareholders, except those on the London register, who will receive their dividends on 3 November.  For Namibian investors, the payout equals 37 cents per share, reflecting the 1:1 parity between the Namibian dollar and the South African rand. South African shareholders will be subject to a 20%…

Staff Writer  In response to a directive from the ministry of finance, Letshego Holdings Namibia and its subsidiaries, Letshego Bank Namibia and Letshego Micro Financial Services Namibia, have suspended all new deduction at source loans for government employees with immediate effect. The company said all new micro-lending loans will now be issued through debit order arrangements and subject to a credit affordability assessment to ensure responsible lending. “While this marks a significant shift in the business landscape, Letshego has been preparing for this transition. Since 2016, the company has strategically diversified its product offering beyond micro-lending to include banking services.…

Chamwe Kaira  The International Finance Corporation’s (IFC) portfolio exposure in Namibia amounted to US$3.08 million (N$53 million) in the financial year ended 30 June 2025, representing 0.01% of its global disbursed portfolio.  This was down from US$10.67 million (N$184 million) in 2024. IFC’s investments in Namibia focus on access to finance, SME support, and infrastructure development, with an emphasis on resilient markets and private capital. IFC, established in 1956 and part of the World Bank, aims to further economic development by encouraging private enterprise in member countries. The corporation reported a net income of US$2 billion in 2025, compared to…

Neville Ntema  Against the backdrop of global markets in flux, imagine an investor nervously scrolling through their phone, eyes darting over headlines filled with policy changes, geopolitical tensions, and consumer behaviour shifts. Each alert brings a fresh wave of anxiety, with tariff shocks, diplomatic standoffs, and rapid technological change shaking confidence. Volatility has become the norm, and uncertainty is likely to remain with us for some time. When faced with turbulence, many investors get distracted by the noise. Yet it is precisely in these moments that discipline matters most. At Momentum Investments, we believe uncertainty highlights the importance of outcome-based…