REDUCTION IN CHEQUE ITEM LIMIT FROM N$500,000 TO N$100,000 BY 1ST OF FEBRUARY 2016 AND PHASING OUT OF CHEQUES BY 31ST OF DECEMBER 2017
This notice serves to inform the public of the Reduction of the Item Limit for Cheque Payments within the National Payment System from the current N$500,000 (five hundred thousand Namibia Dollars) to N$100,000 (hundred thousand Namibia Dollars) effective 1st of February 2016.
According to the latest statistics from the Cancer Association of Namibia skin cancer remains the number one cancer amongst men and the third most common cancer amongst women in the country. Given the fact that Namibia has sunshine throughout the year and with the holiday season coming closer many Namibians will be enjoying themselves in the sun. It is therefore important that people are constantly reminded of the need to protect themselves against the sun by wearing a hat or using sunscreen.
Make sure you've signed up for this year’s MTN Kampala Marathon being run on 22 November.
By taking part you will be doing your bit to improve access to sustainable sanitation and safe water at KCCA primary school in poor communities around Kampala.
Get your entry in by the 21st. It is easy to enter: just dial *290# to transfer money from your Stanbic Bank account to your MTN Mobile Money account.
At Stanbic Bank we're proud to be part of this great race and the initiative to helping the schools.
Visit www.mtn.co.ug/marathon2015 for all the details.
Standard Bank is proud to have successfully partnered with the Namibian Government on its second Eurobond issuance in the international capital markets which closed on 29th October 2015.
Standard Bank acted as a Joint Lead Manager and Bookrunner on the transaction. The US$750m, 10 year transaction, issued in 144A / Reg S format was tightly priced at a yield of 5.375%. The notes were rated Baa3 and BBB- by Moody’s and Fitch respectively.
At Stanbic Bank Uganda we use various online social platforms to add value to the lives of people.
We invite you to join in and contribute to various conversations. We offer a broad spectrum of financial solutions and have interests in many issues. As such, we use various online social platforms, such as this blog, to - most importantly - allow you to share in these.