27
Nov
Staff Writer Namibia’s financial industry is strengthening efforts to turn rising digital fraud into an opportunity for innovation and trust-building. At the Fraud and Cybersecurity Awareness Summit, leaders from banking, government and technology sectors renewed their commitment to creating a secure and inclusive digital ecosystem that supports economic growth. Digital adoption is rising, with internet penetration at 64.4% and mobile connections reaching 87% of the population. Digital transactions have grown 20 to 30% year-on-year, contributing to a digital economy that now makes up 2.5% of GDP. The national target is 4 to 5% by 2030. “Cybersecurity is sovereignty. As Namibia…
