The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Agribank collects N.dollars 86 million in arrears

Contributed by NAMPA.

WINDHOEK, 06 OCT (NAMPA) The Agricultural Bank of Namibia (Agribank) has collected N.dollars 86 million since February through its intensified arrears collection strategy and legal internal mechanism.
This translates to close to a sixth of the total amount of N.dollars 500 million owed to Agribank.
Chief Executive Officer (CEO) Sakaria Nghikembua told a media conference on Friday that N.dollars 56 million was collected through its intensified strategy while N.dollars 30 million was collected o ...

 

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