Africa Links 24 with Shania Lazarus
Published on 2025-01-12 06:00:00
There is little motivation for South African banks operating in Namibia to extend services to entrepreneurs and small businesses.
This is according to the World Bank’s Country Partnership Framework for Namibia report.
Released yesterday, the report says Namibia’s banking sector is heavily concentrated and uncompetitive, with four large financial groups holding 98% of total bank assets.
“While these major banks are highly liquid, they typically serve large firms and have…
Read the Full article on The Namibian
