02
Mar
Martin Endjala The Bank of Namibia has clarified its position amidst reports of South Africa’s greylisting by the Financial Action Task Force (FATF) stating that Namibia’s financial transactions with the rest of the world and capital flows to and from the jurisdiction will continue uninterrupted. This is despite the country’s ties and exposure to the South African financial system. The Bank of Namibia Director Strategic Communications and International Relations, Kazembire Zemburuka, confirmed this in a statement in response to concerns raised by some economists and Namibians at large. He said that as an independent and sovereign state, Namibia is going…