BoN poorly equipped to control banks

Address gaps with legislation, BoN governor suggests
BoN governor Johannes !Gawaxab emphasised that banks are profit-driven entities but suggested legislative intervention in cases of potential market conduct issues.
Ogone Tlhage
  • 1 Year Ago - 2023-11-17 00:55:00
The Bank of Namibia (BoN) is not adequately empowered to regulate the market conduct of commercial banks, the central bank's governor, Johannes !Gawaxab, said.He emphasised th
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Namibian Sun 2025-02-05

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