Month: February 2022

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Positive growth expected as economy rebounds
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Positive growth expected as economy rebounds

Director for research and financial sector development at the Bank of Namibia, Emma Haiyambo, said the bank estimates a positive growth from 2021. This is after the domestic economy performed very poorly in 2020, registering a negative growth of 8.5%. 

Borrowers must pay back the money – DBN… clarifies mutual responsibilities of lending and borrowing
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Borrowers must pay back the money – DBN… clarifies mutual responsibilities of lending and borrowing

In the wake of emerging calls for write-offs on loan repayments for small and medium enterprises issued with the purpose of enhancing Namibia’s development, economic activity and prosperity, DBN Executive for Marketing and Corporate Communication Jerome Mutumba, has amplified important aspects of mutual responsibility for lending and borrowing, which he stated must be factored into the concept of