BRafr-September2017
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favoured with political<br />
stability. Considering the regulator’s<br />
perspective, they want to introduce<br />
competition and attract new players.<br />
As a large bank in this competitive<br />
industry, there are naturally plenty of<br />
factors impacting its operations of<br />
which regulation and the economy are<br />
of the major ones. The political turmoil<br />
in South Africa has had a knock-on<br />
effect on the<br />
Namibian economy – an<br />
economy which is very dependent<br />
on South Africa due to it being<br />
Namibia’s biggest import partner<br />
Cybersecurity and financial fraud<br />
is a global concern that has not<br />
left Namibia unscathed. “In this<br />
connected age and by virtue of having<br />
www.fnbnamibia.com.na 107