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  • Development Bank of Namibia announce that Martin Inkumbi will act as CEO

Development Bank of Namibia announce that Martin Inkumbi will act as CEO

WebDesk
September 24, 2012September 27, 2012 No Comments

WINDHOEK: The Development Bank of Namibia (DBN) board on Monday announced that Martin Inkumbi, the Bank’s Head of Lending, will act as Chief Executive Officer when current CEO David Nuyoma departs at the end of this year.

Nuyoma will take up the position of CEO and Principal Officer at the Government Institutions’ Pension Fund (GIPF) on 01 January 2013.

Inkumbi will act for a period of between six and 12 months.

In a media statement issued today, DBN Board Chairperson, Elize Angula said that on the basis of the executive management’s capacity and in accordance with the DBN statute, the board has opted to appoint an acting CEO from the ranks of the bank’s executive management.

This is will ensure continuity of governance and operations.

2 (WINDHOEK) – Pig farming has an immense growth potential in Namibia, and farmers stand to benefit a great deal, with the introduction of a Pork Market Share Promotion Scheme on 01 October this year.

Chairman of the Pig Producers’ Association, Filp de Villiers thus called on farmers to take part in this new scheme and register with the Meat Board of Namibia.

De Villiers in a telephonic interview with Nampa today that this scheme will protect every farmer in the pig industry, and the future looks bright with this scheme for local pig farmers.

The aim of the scheme is to establish an interim intervention to grow the pork industry; ensure economical viability in the sector; ensure future co-existence of pig production and processing sectors; and protect farmers against external influences such as low price imports.

De Villiers said there are numerous potential advantages of pig production in Namibia, and farmers stand to benefit a great deal from well-supported pig farming activities in the country.

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