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FROM ACCESS TO IMPACT OUR EVOLVING JOURNEY IN FINANCIAL INCLUSION

When I reflect on our financial inclusion journey in Namibia, I'm struck by how much our understanding has evolved. What started as a mission to get more people banked has transformed into something much more complex and challenging. Today, as we prepare to welcome the world to Swakopmund for the 2025 AFI Global Policy Forum this September, I find myself thinking not just about how far we've come but about how much further we still need to go.
 

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24/07/2025 | Sesilia Nekwaya

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The Namibia Deposit Guarantee Authority Launches Its 2024 Annual Report And Celebrates 5 Years of Existence

The Namibia Financial Sector Strategy (2001 – 2021), a ten-year transformative strategy which was developed by the country’s financial authorities and stakeholders advocated for a safety net to be put in place to protect small depositors in Namibia. This was necessitated by global developments, where countries have responded to bank failures by establishing deposit guarantee schemes.  In order to achieve this objective, the NFSS called for a study to be conducted to determine the feasibility and appropriate format of a deposit guarantee and resolution scheme for Namibia. A feasibility study was concluded and recommended that, in line with international practice as well as developments in the region, Namibia should consider establishing a Deposit Guarantee Scheme.

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29/04/2025 | Petrus Shifotoka

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