Namibia: Financial Sector Given Clean Bill of Health

[Namibia Economist] The Deputy Governor of the Bank of Namibia, Mr. Ebson Uanguta this week gave the banking and non-banking financial sectors a clean bill of health when he presented the Financial Sector Financial Stability Report for 2016. He made the presentation to a packed audience in the Bank of Namibia's auditorium, highlighting that both sectors remained profitable and posed no systematic risks to the economy. Of concern to Uanguta however was the level of household and corporate indebtedness which he said required co
Source: AllAfrica News: Health and Medicine - Category: African Health Source Type: news