NDGA ponders deposit limit guarantee increase

NAMPA
2025-10-13
RUNDU, 13 October 2025 - Governor of the Kavango East Region, Hamunyera Hambyuka (centre) with the Namibia Depositors Guarantee Authority team at Rundu on Monday. (Photo: Contributed) RUNDU, 13 October 2025 - Governor of the Kavango East Region, Hamunyera Hambyuka (centre) with the Namibia Depositors Guarantee Authority team at Rundu on Monday. (Photo: Contributed)
RUNDU, 13 OCT (NAMPA) - The Head of the Namibia Deposit Guarantee Authority (NDGA), Florette Nakusera, announced that the authority is currently reviewing the possibility of increasing its guaranteed coverage limit.
Nakusera made this statement during a courtesy visit to the Governor of the Kavango East Region, Hamunyera Hambyuka, on Monday.
The NDGA, which operates under the Bank of Namibia, currently guarantees depositors coverage of up to N.do...
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