Staff Writer
The Namibia Chamber of Commerce and Industry (NCCI) has welcomed the launch of the Namibia Financial Inclusion Survey Report 2025, describing it as a critical tool for strengthening Namibia’s economic framework and promoting inclusive growth.
The Chamber said the survey provides important evidence-based insights into how individuals and businesses access, use and benefit from financial services, while identifying structural barriers that continue to limit broader participation in the economy.
NCCI president Vetumbuavi Mungunda said improved financial inclusion directly supports the organisation’s objective of promoting a conducive business environment, encouraging sustainable enterprise growth and strengthening the competitiveness of Namibian businesses.
“The findings also align with the NCCI’s vision of a dynamic, prosperous, and globally competitive Namibian economy driven by empowered businesses and inclusive participation,” Mungunda said.
According to the Chamber, the report highlights key challenges affecting economic participation, including limited access to finance for micro, small and medium enterprises (MSMEs), gaps in digital financial inclusion, financial literacy challenges and regional disparities in access to financial services.
NCCI said financial inclusion should be viewed not only as a social objective but also as a business priority, as increased access to reliable financial services could expand markets, strengthen MSME development, improve consumer participation and enhance economic resilience.
The Chamber identified three priority areas emerging from the survey including expanding MSME access to finance to support entrepreneurship, innovation and job creation, strengthening digital financial services to improve accessibility, efficiency and affordability; and improving financial literacy and consumer protection to ensure financial inclusion leads to meaningful economic empowerment.
NCCI said it would continue working with government, regulators, financial institutions and development partners to translate the survey findings into practical reforms and targeted interventions.
“The Chamber will continue advocating for policies that expand access, reduce barriers, and support a more inclusive and competitive financial ecosystem,” it said.
The organisation also congratulated the Ministry of Finance, the Namibia Statistics Agency, the Bank of Namibia and other stakeholders involved in producing the 2025 report, describing the publication as a catalyst for deeper collaboration towards greater economic participation.
The Namibia Financial Inclusion Survey Report 2025 provides insights into the country’s progress in expanding access to financial products and services among households and businesses, with a focus on improving economic opportunities for all Namibians.
