Thirty-seven per cent of Namibians avoid investment risks

Chelva Wells

2024-09-30

WINDHOEK, 30 September 2024 - Jo-Ann van Wyk, Client Relationship Consultant, at Old Mutual Investment Group, Old Mutual Namibia. (Photo: contributed) NAMPA

WINDHOEK, 30 SEP (NAMPA) – A significant portion of Namibians are hesitant to invest, and many who can invest avoid taking risks.
This is contained in the 2023 Old Mutual Financial Services Monitor (OMFSM) availed to Nampa on Monday, which indicates that 37 per cent of Namibians are unwilling to engage in any investment risks. This cautious approach is particularly common among younger individuals.
“The Namibian financial market presents a vari...

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