In addition, a White Paper on local ownership of commercial banks has been drafted and the relevant stakeholders are being consulted to provide their comments.
However, we have realised that our present approach to improved access to finance and poverty reduction though meaningful, will only take us half way unless additional measures and reforms to improve access to finance in the communal areas are undertaken. It is for this reason that tonight, we chose this theme: “Enhancing Access to Finance in Namibia through an Improved Land Tenure System”.