BoN schools northern journalists on economics
The Bank of Namibia (BoN) recently completed its second annual economic reporting workshop at its Oshakati branch.
The two-day gathering is part of the bank’s continued efforts to improve economic and financial reporting in the country, and covered a range of topics - including an overview of the central bank's role in the economy, the monetary policy framework, financial stability and the challenges and opportunities facing the economy.
Oshakati branch manager Moudi Hangula said BoN is committed to fostering a stable and prosperous economic environment.
Economic reporting serves as a tool for one to understand the complexities surrounding both the domestic and global economy, she added.
“It is relevant, in that the economic landscape is ever-evolving, especially in the face of technological advancements and global challenges. It is further vital as it provides market insights that may influence investor sentiment and overall confidence, which could lead to increased economic growth,” she said.
At the right time
Workshop participants expressed joy about the initiative and urged BoN to continue educating both senior and upcoming journalists to assist in maintaining the quality of reporting in the country.
Omutumwa News Online’s Victor Angula said the training was very important and necessary because, as a journalist, he had an interest in writing about BoN activities but was not well informed on how to go about it.
From the training, he now understands the role of BoN in the Namibian economy, he said.
Maria David, Informante’s northern reporter, said the training came at the right time as the northern economy took a dip during the Covid-19 pandemic and is slowly recovering, and journalists have a duty to pay attention and report on these trends.
She added that due to a poor understanding of economics, journalists have often been forced to turn a blind eye towards these issues, and may have felt the beat should be left to economic reporters.
The two-day gathering is part of the bank’s continued efforts to improve economic and financial reporting in the country, and covered a range of topics - including an overview of the central bank's role in the economy, the monetary policy framework, financial stability and the challenges and opportunities facing the economy.
Oshakati branch manager Moudi Hangula said BoN is committed to fostering a stable and prosperous economic environment.
Economic reporting serves as a tool for one to understand the complexities surrounding both the domestic and global economy, she added.
“It is relevant, in that the economic landscape is ever-evolving, especially in the face of technological advancements and global challenges. It is further vital as it provides market insights that may influence investor sentiment and overall confidence, which could lead to increased economic growth,” she said.
At the right time
Workshop participants expressed joy about the initiative and urged BoN to continue educating both senior and upcoming journalists to assist in maintaining the quality of reporting in the country.
Omutumwa News Online’s Victor Angula said the training was very important and necessary because, as a journalist, he had an interest in writing about BoN activities but was not well informed on how to go about it.
From the training, he now understands the role of BoN in the Namibian economy, he said.
Maria David, Informante’s northern reporter, said the training came at the right time as the northern economy took a dip during the Covid-19 pandemic and is slowly recovering, and journalists have a duty to pay attention and report on these trends.
She added that due to a poor understanding of economics, journalists have often been forced to turn a blind eye towards these issues, and may have felt the beat should be left to economic reporters.
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Namibian Sun
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