As inflation increases, hard times definitely lie ahead for most Namibians. However, don’t despair as this is the time when you should think about investing your hard earned money in order to endure these challenging times. Q1. Why it is important to get into the habit of saving on a regular basis? A1. Savings should be regarded as a necessity …
Introducing good financial management for SMEs Proper financial management, recording both your historic performance and projecting the future cash flow and financial requirements of your business, can mean the difference between long term success or failure in the business world. Standard Bank is committed to support Namibia’s Small and Medium Enterprises (SMEs) in order to boost Namibia’s economic growth. When …
Get a head start in saving your money When you first start a formal job, nothing beats the feeling of having your salary in your bank account and imagining all the things that you can spend it on. It’s easy to live in the moment, because the future seems so far away. But it’s absolutely vital to start planning …
Get your finances on the right track for 2017 Get down to budgeting Plan how you are going to spend your money and stick to it. This is the key ingredient of budgeting in order to achieve financial success. It’s a fact that there are many people out there who have money, but are actually broke because of not …
Helpful saving tips for challenging times. This is the first post in our special series of financially-minded articles, bringing you tips on how to save, exclusive expert advice and sharp money know-how. Times are tough. With the cost of living rising amidst the tough economic conditions brought on by Namibia’s intense drought and rising inflation, it is challenging to get to the …