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In times of operational crisis, it pays to be fully local

Posted by | Sep 25, 2019 |

In times of operational crisis, it pays to be fully local

Amid a flurry of rumours on social media about the impact of the South African banks strike on Friday, the only fully Namibian owned bank made a confident statement about the durability of their banking systems.

Bank Windhoek Managing Director, Baronice Hans, stated “Bank Windhoek would like to assure its clients that the impending strike by the employees of banks in South Africa, has no impact on the operations of Bank Windhoek.

Reiterating that Bank Windhoek is a wholly owned and operated Namibian financial institution with no system links to South Africa that will affect its operations locally, she added “All our branches, ATMs, and digital services such as iBank, Cellphone Banking and our Mobile App will function normally on Friday 27 September as they would on any other business day.”

 

About The Author

Daniel Steinmann

Educated at the University of Pretoria: BA (hons), BD. Postgraduate degrees in Philosophy and Divinity. Publisher and Editor of the Namibia Economist since February 1991. Daniel Steinmann has steered the Economist as editor for the past 32 years. The Economist started as a monthly free-sheet, then moved to a weekly paper edition (1996 to 2016), and on 01 December 2016 to a daily digital newspaper at www.economist.com.na. It is the first Namibian newspaper to go fully digital. He is an authority on macro-economics having established a sound record of budget analysis, strategic planning and assessing the impact of policy formulation. For eight years, he hosted a weekly talk-show on NBC Radio, explaining complex economic concepts to a lay audience in a relaxed, conversational manner. He was a founding member of the Editors' Forum of Namibia. Over the years, he has mentored hundreds of journalism students as interns and as young professional journalists. From time to time he helps economics students, both graduate and post-graduate, to prepare for examinations and moderator reviews. He is the Namibian respondent for the World Economic Survey conducted every quarter for the Ifo Center for Business Cycle Analysis and Surveys at the University of Munich in Germany. Since October 2021, he conducts a weekly talkshow on Radio Energy, again for a lay audience. On 04 September 2022, he was ordained as a Minister of the Dutch Reformed Church of Africa (NHKA). Send comments or enquiries to [email protected]

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