Bank of Namibia head Johannes Gawaxab wants rules that match the country's money needs, not copied plans from rich nations. Last Thursday, he spoke at a big meeting about smart rules. The bank boss asked for easy but good rules that help fix Namibia's money problems. He warned that making rules hard can kill new ideas, scare away money people, and push companies to work without papers.
The bank sent out news after the meeting, saying they discussed smart rules that make life easy for businesses but keep buyers safe. The smart heads at the meeting talked about big problems like many people not having jobs—almost 37 out of 100 Namibians can't find work! They looked at how changing rules might create more jobs and help more kinds of businesses grow.
Everyone agreed that Namibia needs rules that can change fast when markets change. They want rule-makers and businesspeople to work as friends. They plan to make more deals between the government and private companies. The people at the meeting promised to ask lawmakers for better rules that would help farms, factories, and small shops grow. All these steps aim to make Namibia's money grow faster and help more people find jobs.
The bank sent out news after the meeting, saying they discussed smart rules that make life easy for businesses but keep buyers safe. The smart heads at the meeting talked about big problems like many people not having jobs—almost 37 out of 100 Namibians can't find work! They looked at how changing rules might create more jobs and help more kinds of businesses grow.
Everyone agreed that Namibia needs rules that can change fast when markets change. They want rule-makers and businesspeople to work as friends. They plan to make more deals between the government and private companies. The people at the meeting promised to ask lawmakers for better rules that would help farms, factories, and small shops grow. All these steps aim to make Namibia's money grow faster and help more people find jobs.
