08 Apr 2019
Prime Minister Saara
Kuugongelwa-Amadhila has urged Agribank to continue with targeted stakeholder
engagements with its strategic stakeholders to create a shared understanding
about its operations and activities. The Premier expressed these sentiments at
a stakeholder meeting held recently between her office, the Minister of Finance
and Agribank Board and Management. She noted that Agribank plays a critical
role in the agricultural sector as it is “for everyone from senior citizens,
ordinary person to a child under the bridge”. Whilst appreciating the efforts
of the bank, Kuugongelwa–Amadhila called for synergy between Agribank and
Government institutions to ensure the activities are aligned in order to
achieve the national developmental goals.
On his part, Agribank Chief Executive
Officer Sakaria Nghikembua presented a brief overview on the mandate of the
bank, product portfolio, farmers training and mentorship, financial status, available
funding options as well as corporate social investment of the Bank. Nghikembua highlighted
some of the challenges facing the Bank and possible solutions as well as the
role that it plays in the country’s land reform process. “We have many social
responsibility programs and one of them is that we are currently having four
students on our bursary scheme, we also offer training and mentorship to
farmers among others,” he said. According to Nghikembua, Agribank can be the
center of enabling land reform in the country and transformation of
agricultural sector in general, if sufficient support is provided by the relevant
stakeholders.
The stakeholder meeting was attended
by the Prime Minister, Minister of Finance, Calle Schlettwein, Executive
Director in the office of the Prime Minister I-Ben Nashandi as well as
AgribankBoard and members of Senior Management.
The meeting was held as part of
Agribank’s stakeholder engagement strategy which employs multiple engagement
methods including one-on-one meetings with strategic stakeholders.
Issued by:
Sakaria Nghikembua
Chief
Executive Officer
For
enquiries, kindly contact the Marketing and Communication Division at:
Tel.:
061 2074332
Fax:
061 2074206
Caption:
Agribank
CEO Sakaria Nghikembua, Board member Dagmar Honsbein, Agribank Chairperson
Michael Iyambo, Prime Minister Saara Kuugongelwa-Amadhila, Finance Minister
Calle Schlettwein, Board members Peyavali Hangula and Phanuel Kaapama pictured
after the courtesy visit.
Loans are granted against security of fixed property, investment or any other acceptable form of security (fixed deposits, investments and surrendering value of policies). read more
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Yes, Agribank can assist you to start farming. read more