S.A President says the government is pursuing policies that will foster black South Africans towards participation in the economy

S.A President says the government is pursuing policies that will foster black South Africans towards participation in the economy

S.A President Cyril Ramaphosa says the government is pursuing policies that will foster black South Africans towards participation in the economy. He addressed the Worker Share Ownership Conference hosted by the Department of Trade, Industry, and Competition at the Sandton Convention Centre. He believes worker share ownership will be critical in ensuring that no one is left behind. Ramaphosa hailed the initiative as a key step towards addressing inequality and […]

April 24, 2024 33

Business / Economics

The Bank of Namibia considers banking sector resilience buffer

The Bank of Namibia is considering adding a counter-cyclical capital buffer to improve resilience in the banking sector. This buffer, a macroprudential policy tool, recognises the dynamics of financial markets and economic activity. Its purpose is to strengthen banks against potential losses during economic stress periods. BoN Governor Johannes !Gawaxab says the central bank will begin consultations with the industry regarding the buffer's implementation.

December 18, 2023 13