Agribank's top brass meet with Utoni
Agribank's top brass meet with Utoni

Agribank's top brass meet with Utoni

Land reform minister Utoni Nujoma has been briefed by Agribank following a wide variety of topics discussed.
Ellanie Smit
A delegation from the Agribank board and the bank's CEO, Sakaria Nghikembua recently met with land reform minister Utoni Nujoma as part of the bank's on-going stakeholder engagement strategy.

According to a statement issued by Agribank, its chairperson, Michael Iyambo at the meeting said that the bank is a very important player in the land reform process and requires the support from all stakeholders in order to further the government's national developmental agenda in the agricultural sector. Iyambo noted that the agricultural sector is faced with unpredictable and difficult times due to climate change and the devastating drought, which requires closer synergies between the various role players. According to him, these challenging times also present opportunities to both the ministry and Agribank to make a meaningful impact in the country's land reform process, if a sustainable model is developed and implemented for the sector.

Nghikembua presented the bank's overall performance, highlighting milestones and challenges facing the institution as well as mitigating measures that are in place.

Nujoma applauded Agribank for introducing the drought relief interventions, following the declaration of drought as a national emergency. Nujoma was equally impressed with Agribank's contribution to help achieve the national target of land acquisition.

ELLANIE SMIT

Comments

Namibian Sun 2024-04-19

No comments have been left on this article

Please login to leave a comment

European Championships Qualifying: Southampton 3 vs 0 Preston North End English Championship: Southampton 3 vs 0 Preston North End Katima Mulilo: 17° | 34° Rundu: 17° | 34° Eenhana: 18° | 35° Oshakati: 20° | 35° Ruacana: 18° | 35° Tsumeb: 19° | 33° Otjiwarongo: 17° | 31° Omaruru: 19° | 34° Windhoek: 17° | 31° Gobabis: 18° | 31° Henties Bay: 17° | 23° Wind speed: 26km/h, Wind direction: S, Low tide: 07:25, High tide: 13:40, Low Tide: 19:24, High tide: 01:48 Swakopmund: 16° | 19° Wind speed: 30km/h, Wind direction: SW, Low tide: 07:23, High tide: 13:38, Low Tide: 19:22, High tide: 01:46 Walvis Bay: 19° | 26° Wind speed: 36km/h, Wind direction: SW, Low tide: 07:23, High tide: 13:37, Low Tide: 19:22, High tide: 01:45 Rehoboth: 18° | 31° Mariental: 22° | 33° Keetmanshoop: 23° | 35° Aranos: 20° | 32° Lüderitz: 18° | 34° Ariamsvlei: 23° | 37° Oranjemund: 15° | 27° Luanda: 27° | 30° Gaborone: 19° | 32° Lubumbashi: 17° | 26° Mbabane: 15° | 28° Maseru: 11° | 26° Antananarivo: 13° | 25° Lilongwe: 16° | 26° Maputo: 20° | 31° Windhoek: 17° | 31° Cape Town: 16° | 21° Durban: 18° | 28° Johannesburg: 16° | 28° Dar es Salaam: 24° | 29° Lusaka: 18° | 28° Harare: 15° | 28° Currency: GBP to NAD 23.64 | EUR to NAD 20.36 | CNY to NAD 2.64 | USD to NAD 19.14 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.99 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48.29 | USD to KES 132.98 | USD to NGN 1147.53 | USD to ZAR 19.14 | USD to ZMW 25.65 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73271.44 Up +0.38% | Namibian Stock Exchange (NSX) Overall Index 1531.99 Up +0.70% | Casablanca Stock Exchange (CSE) MASI 13455.65 Up +0.53% | Egyptian Exchange (EGX) 30 Index 28332.65 Down -4.5% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 394.96/OZ UP +0.63% | Copper US$ 4.47/lb UP +1.35% | Zinc US$ 2 869.40/T UP 1.69% | Brent Crude Oil US$ 87.71/BBP UP +0.64% | Platinum US$ 929.97/OZ DOWN -0.0067 Sport results: European Championships Qualifying: Southampton 3 vs 0 Preston North End English Championship: Southampton 3 vs 0 Preston North End Weather: Katima Mulilo: 17° | 34° Rundu: 17° | 34° Eenhana: 18° | 35° Oshakati: 20° | 35° Ruacana: 18° | 35° Tsumeb: 19° | 33° Otjiwarongo: 17° | 31° Omaruru: 19° | 34° Windhoek: 17° | 31° Gobabis: 18° | 31° Henties Bay: 17° | 23° Wind speed: 26km/h, Wind direction: S, Low tide: 07:25, High tide: 13:40, Low Tide: 19:24, High tide: 01:48 Swakopmund: 16° | 19° Wind speed: 30km/h, Wind direction: SW, Low tide: 07:23, High tide: 13:38, Low Tide: 19:22, High tide: 01:46 Walvis Bay: 19° | 26° Wind speed: 36km/h, Wind direction: SW, Low tide: 07:23, High tide: 13:37, Low Tide: 19:22, High tide: 01:45 Rehoboth: 18° | 31° Mariental: 22° | 33° Keetmanshoop: 23° | 35° Aranos: 20° | 32° Lüderitz: 18° | 34° Ariamsvlei: 23° | 37° Oranjemund: 15° | 27° Luanda: 27° | 30° Gaborone: 19° | 32° Lubumbashi: 17° | 26° Mbabane: 15° | 28° Maseru: 11° | 26° Antananarivo: 13° | 25° Lilongwe: 16° | 26° Maputo: 20° | 31° Windhoek: 17° | 31° Cape Town: 16° | 21° Durban: 18° | 28° Johannesburg: 16° | 28° Dar es Salaam: 24° | 29° Lusaka: 18° | 28° Harare: 15° | 28° Economic Indicators: Currency: GBP to NAD 23.64 | EUR to NAD 20.36 | CNY to NAD 2.64 | USD to NAD 19.14 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.99 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48.29 | USD to KES 132.98 | USD to NGN 1147.53 | USD to ZAR 19.14 | USD to ZMW 25.65 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73271.44 Up +0.38% | Namibian Stock Exchange (NSX) Overall Index 1531.99 Up +0.70% | Casablanca Stock Exchange (CSE) MASI 13455.65 Up +0.53% | Egyptian Exchange (EGX) 30 Index 28332.65 Down -4.5% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 394.96/OZ UP +0.63% | Copper US$ 4.47/lb UP +1.35% | Zinc US$ 2 869.40/T UP 1.69% | Brent Crude Oil US$ 87.71/BBP UP +0.64% | Platinum US$ 929.97/OZ DOWN -0.0067