Tech Support - 5 May 2026

In the Alexforbes Lead Story: The Financial Institutions and Markets Act (FIMA) has come into operation. The Finance Minister, Ericah Shafudah, announced the commencement in a government gazette issued on 30 April. The gazette states that some provisions of the act have been excluded from the commencement. Angie Scholtz is joined by Namifisa CEO Kenneth Matomola. 

Coming up in the Market Watch — Michelle van Wyk and Helena Mboti from Standard Bank, speak about the global uncertainty and Middle East conflict driving oil and fuel price increases. Namibia remains vulnerable, with rising transport, food, and housing costs expected to push inflation higher through 2026.

In the Alexforbes Lead Story: The Bank of Namibia has kept the repo rate unchanged at 6.50 percent. The Monetary Policy Committee says the move is based on the latest economic indicators. Angie Scholtz is joined by Oliver Diggle, an Economist from Cirrus Capital.

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: • Anglo American – Lab-grown diamonds are disrupting the market, and the pressure on De Beers is only getting worse. • CMH – Strong results as the group adapts to shifting demand in the automotive market. • Mondi &…

Coming up in the Market Watch — Michelle van Wyk speaks to Oliver Diggle from Cirrus about rising oil prices, global tensions, and the impact on inflation and interest rates.