Namibia: Namibia Needs More Entrepreneurial Thinkers in Finance – Business Home 4

Namibia’s financial system is modern, stable, and well-regulated. Our banks are highly profitable, our pension funds are the largest per capita in Africa, and our capital markets function reasonably well. On paper, this should place us ahead of many other economies.

Yet the structure of that financial system tells a different story.

For the last decade, lending has been directed mainly to households rather than businesses, showing how comfortable our institutions have become…