Murorua: ‘Align with government initiatives’

Staff Reporter - All players within the Namibia economy should align their efforts with government initiatives for reviving the economy.

This was the message of the managing director of Nedbank Namibia, Martha Murorua, at an economic discussion in Swakopmund on Wednesday which centred around finance minister Iipumbu Shiimi’s recent budget statement.

“As we are all players in the Namibian economic environment, it is integral for us to familiarise ourselves with what our government, through the ministry of finance, is financially prioritising, so that we also understand what role we can play in that one thing that is common for all of us: to see the people of our country prosper,” Murorua said.

She continued: “Our purpose at Nedbank Namibia of being money experts who do good, correlates really well to the theme of the national budget, and we fully support government’s commitment to reducing poverty and inequality.

“Our purpose also highlights that we intentionally do not only see ourselves as the money experts working in a financial institution, but our quest is only complete when we take our expertise and use them for the betterment of our society.”


Also speaking at the event, the managing director of High Economic Intelligence (HEI), Salomo Hei, gave a presentation on the global, regional and domestic economic outlook focusing on key indicators including, global GDP growth, inflation, revenues from the Southern African Customs Union (Sacu) and debt.

The panel discussion was moderated by Nedbank Namibia’s executive for corporate and investment banking, Tjivingurura Mbuende. The panel included the senior research and product development officer of Agribank Namibia, Indileni Nanghonga, a representative of Sequoia Tax and Legal Advisory, Elizabeth Manasse, as well as Hei.

The event, which coincided with the bank’s annual employee roadshow, was organised for the purpose of bringing together leading voices in the coastal business community to discuss the current economic state of the country. A number of business players from different industries where in attendance at the event, including the CEO of the Swakopmund Municipality, Alpheus Benjamin.