Author: Amos Kambonde

Opinion

OPINION: What Does an Unchanged Repo Rate Mean?

Written by Amos Kambonde on 22 February 2024

By: Amos Kambonde Recently, consumers received positive news with the announcement of an unchanged repo rate alongside an unchanged in fuel prices across Namibia. While these developments may seem distant from the average person’s daily concerns, they hold significant implications. Let’s delve into what these announcements mean for the purse. Repo Rate Stability: […]

Finance Opinion

Can I Borrow From My Pension?

Written by Amos Kambonde on 2 December 2023

By: Amos Kambonde The question of whether to borrow from one’s pension or not is one of the questions many members of pension funds ask regularly. Section 19(5) of the Pension Fund Act, 1956 (Act No. 24 of 1956) makes provision for members of pension funds to borrow either directly or against their pension fund […]