Namibia's Agribank announces drought relief
Farmer's Weekly|August 02, 2024
The Agricultural Bank of Namibia (Agribank) recently announced R104,6 million in instalment relief and R83 million in waived penalty interest as part of interventions to provide relief to 1 134 of its clients who had been affected by the devastating drought in the country.
Annelie Coleman
Namibia's Agribank announces drought relief

"We are facing challenging times for both our clients and the bank.

We want both to survive, and we are trying to balance many considerations to ensure our clients receive some scope to make it through this difficult period," Agribank CEO Raphael Karuaihe told The Brief news service.

He said, based on the criteria agreed with the country's Ministry of Finance and Public Enterprises, the intervention was limited to Agribank clients with farmland and livestock loan accounts.

هذه القصة مأخوذة من طبعة August 02, 2024 من Farmer's Weekly.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 02, 2024 من Farmer's Weekly.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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