NNN calls for broader financial inclusion

Staff Writer President Netumbo Nandi-Ndaitwah has called for greater financial inclusion, improved financial literacy and broader access to investment opportunities, saying these will be key to the continued development of Namibia’s financial sector. Nandi-Ndaitwah made the remarks during the 30th-anniversary celebration of Namibia Asset Management (NAM) at Droombos. In an address read on her behalf by finance minister Ericah Shafudah, the President congratulated the company’s board, management, staff and stakeholders on reaching the milestone, describing the anniversary as a testament to resilience, innovation, discipline and trust.

“Thirty years is not merely a measure of time. It is a testament to resilience, discipline, innovation and trust,” the President said. She noted that Namibia’s asset management industry has evolved from modest beginnings into a key pillar of the economy, helping to mobilize domestic savings, deepen financial markets and support national development through prudent capital allocation.