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Letshego Bank Namibia
Letshego Bank Namibia is a commercial bank in Namibia. It is licensed by the Bank of Namibia, the central bank and national banking regulator. History The institution was established in 2002 as ''Edu Loan Namibia''. In August 2008, Letshego Holdings Limited (LHL), a Botswana Stock Exchange (BSE) listed entity, acquired majority shareholding in Edu Loan. The company re-branded to ''Letshego Financial Services Namibia'', to reflect its shareholding. In July 2014, Letshego Namibia was awarded a provisional banking license, which allowed them to make ''salary loans'', with installment loan payments deducted directly from the borrower's paycheck by the employer. In July 2016, the bank was granted a full unrestricted banking licence. Location The headquarters of the bank are located at 18 Schwerinsburg Street, in Windhoek, the capital and largest city in Namibia. The bank maintains a total of 15 branches in various urban centers in the country, as at August 2016. Overview LBN is 100 pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salary Loans
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis. From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary. Salary is typically determined by comparing market pay rates for people performing similar work in similar industries in the same region. Salary is also determined by leveling the pay rates and salary ranges established by an individual employer. Salary is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Windhoek
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Namibia
The economy of Namibia has a modern market sector, which produces most of the country's wealth, and a traditional subsistence sector. Although the majority of the population engages in subsistence agriculture and herding, Namibia has more than 200,000 skilled workers and a considerable number of well-trained professionals and managerials. Overview Namibia is a higher-middle-income country with an estimated annual GDP per capita of US$5,828 but has extreme inequalities in income distribution and standard of living. It has the second-highest Gini coefficient out of all nations, with a coefficient of 59.1 as of 2015. Only South Africa has a higher Gini coefficient. Since independence, the Namibian Government has pursued free-market economic principles designed to promote commercial development and job creation to bring disadvantaged Namibians into the economic mainstream. To facilitate this goal, the government has actively courted donor assistance and foreign investment. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Namibia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Namibia ...
Licensed commercial banks in Namibia : # Bank Windhoek Limited # First National Bank Namibia Limited # Nedbank Namibia Limited # Standard Bank Namibia Limited # Trustco Bank Namibia Limited # Banco Atlantico # Bank BIC Namibia Limited # Letshego Bank Namibia Limited EBank, a bank with electronic presence but no branches, operated between 2015 and 2017. It is now part of FNB. See also * List of banks in Africa * Economy of Namibia References External links Bank PHB Granted Provisional LicenseBank PHB Provisional License Withdrawn {{Economy of Namibia Banks Namibia Namibia Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gaborone
Gaborone ( , , ) is the capital and largest city of Botswana with a population of 246,325 based on the 2022 census, about 10% of the total population of Botswana. Its agglomeration is home to 421,907 inhabitants at the 2011 census. Gaborone is situated between Kgale Hill and Oodi Hill, near the confluence of the Notwane River and Segoditshane River in the south-eastern corner of Botswana, from the South African border. The city is served by the Sir Seretse Khama International Airport. It is an administrative district in its own right, but is the capital of the surrounding South-East District. Locals often refer to the city as ''GC or Motse-Mshate''. The city of Gaborone is named after Chief Gaborone of the Tlokwa tribe, who once controlled land nearby. Because it had no tribal affiliation and was close to fresh water, the city was planned to be the capital in the mid-1960s when the Bechuanaland Protectorate became an independent nation. The centre of the city is a lon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Botswana
Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label=Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. It is connected to Zambia across the short Zambezi River border by the Kazungula Bridge. A country of slightly over 2.3 million people, Botswana is one of the most sparsely populated countries in the world. About 11.6 percent of the population lives in the capital and largest city, Gaborone. Formerly one of the world's poorest countries—with a GDP per capita of about US$70 per year in the late 1960s—it has since transformed itself into an upper-middle-income country, with one of the world's fastest-growing economies. Modern-day humans first inhabited the country over 200,000 years ago. The Tswana ethnic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwerinsburg
Schwerinsburg (''Schwerin's castle'') is the biggest of three castles in Windhoek, Namibia. Today it is the private residence of the Italian ambassador in Namibia. History During the time of the construction of Alte Feste in 1890 the tower of Schwerinsburg was built by Curt von François, commissioner of German South-West Africa. In 1904 Schutztruppe (the German colonial forces) sold it to architect Wilhelm Sander who converted it into a beer garden and named it ''Sperlingslust'' (lit. "Sparrows' delight"). In 1913 Hans Bogislav Graf von Schwerin, governor of the Gobabis District of German South-West Africa, bought Sperlingslust from Sander and engaged him to convert it into a castle. It was later named ''Schwerinsburg'' after the new owner. See also * Heinitzburg * Sanderburg Sanderburg (''Sander's castle'') is the smallest of three castles in Windhoek, Namibia. It was built between 1917 and 1919 by architect Wilhelm Sander who designed it as his own place of reside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Botswana Guardian
The ''Botswana Guardian'' is an English language weekly newspaper published in Gaborone.The paper was started in 1982. It is published by CBET Ltd. on Thursdays. See also * ''Azhizhi'' * '' The Voice Botswana'' * ''Mmegi'' * ''The Botswana Gazette'' * Yarona FM Yarona FM is an urban broadcaster targeting young adults. The radio station is a private commercial entity that has existed since 1999. It is regulated by Botswana Communications Regulatory Authority, BOCRA and attracts a unique weekly audience of 2 ... References External links * English-language newspapers published in Africa Newspapers published in Gaborone Publications established in 1982 Weekly newspapers 1982 establishments in Botswana {{Africa-newspaper-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Botswana Stock Exchange
The Botswana Stock Exchange (BSE) is a stock exchange located in Gaborone, Botswana. The Botswana share market was established in 1989 and became the Botswana Stock Exchange in 1994. It is governed by thBotswana Stock Exchange Act The BSE has 36 market listings and three stock indices: the Domestic company index (BSE DCI); the Foreign company index (BSE FCI), incorporating companies which are dual listed on the BSE and another stock exchange; and the All Company Index, which is a weighted average of the DCI and FCI. As well as equities, bonds and Floating Rate Notes are traded. Private investors are estimated to account for under 10% of the total market capitalisation. Foreign-based mining companies make up over 90%. The exchange's normal trading sessions are from 10:00 to 14:00 on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance. The licensing authority for brokers in Botswana is the Ministry of Finance. Membership may be corpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Windhoek
Windhoek (, , ) is the capital and largest city of Namibia. It is located in central Namibia in the Khomas Highland plateau area, at around above sea level, almost exactly at the country's geographical centre. The population of Windhoek in 2020 was 431,000 which is growing continually due to an influx from all over Namibia. Windhoek is the social, economic, political, and cultural centre of the country. Nearly every Namibian national enterprise, governmental body, educational and cultural institution is headquartered there. The city developed at the site of a permanent hot spring known to the indigenous pastoral communities. It developed rapidly after Jonker Afrikaner, Captain of the Orlam, settled there in 1840 and built a stone church for his community. In the decades following, multiple wars and armed hostilities resulted in the neglect and destruction of the new settlement. Windhoek was founded a second time in 1890 by Imperial German Army Major Curt von François, whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
