Chamwe Kaira
The Namibia Deposit Guarantee Authority (NDGA) says its Deposit Guarantee Fund increased to N$40.1 million in 2025.
The fund grew from N$30.3 million in 2024, recording a net increase of N$9.7 million.
The head of the NDGA Florette Nakusera said the growth was supported by N$6.4 million in premium contributions from member institutions and investment returns.
The authority’s investment portfolio recorded a return of 8.1% during the year.
This was above its benchmark, the Alexander Forbes Short-term Fixed Interest 3-month Index, which returned 7.3%.
Nakusera said the performance reflects the authority’s investment approach.
She said the results strengthen the NDGA’s ability to protect depositors.
The year also marked the end of the authority’s 2023–2025 Strategic Plan.
A review of the plan was carried out to assess progress and guide future priorities.
The NDGA has since approved a new strategic plan for 2026–2028.
NDGA’s board chairperson Ebson Uanguta said the previous strategy showed progress in meeting objectives.
He said the new plan, which took effect on 1 January 2026, will build on this progress and help the authority respond to changes in the financial sector.
The NDGA also continued its work with the International Association of Deposit Insurers, which it joined in February 2023.
The platform supports cooperation with global institutions regarding depositor protection and financial stability.
The authority said its collaboration with the Bank of Namibia remains important for its operations.
It said it will continue to focus on protecting depositors and supporting confidence in the financial system.
