Agribank’s top brass meets with Minister of Land Reform

By Confidente Reporter

Adelegation from the Agribank Board and Chief Executive Officer Sakaria Nghikembua recently met with Land Reform minister Utoni Nujoma as part of the bank’s ongoing stakeholder engagement strategy.

At the meeting, Agribank Chairperson Michael Iyambo reiterated that Agribank is a “very important player in the land reform process and requires the support from all stakeholders in order to further the government’s national developmental agenda in the agricultural sector”.

Iyambo noted that the agricultural sector is faced with unpredictable and difficult times due to climate change and devastating drought, which requires closer synergies between the various role players. According to him, these challenging times also present opportunities to both the ministry and Agribank to make a meaningful impact in the country’s land reform process if a sustainable model is developed and implemented for the sector.

On his part, Chief Executive Officer Sakaria Nghikembua presented the bank’s overall performance, highlighting milestones and challenges facing the institution as well as mitigating measures that are in place.

Land Reform Minister Uutoni Nujoma applauded Agribank for introducing the drought relief  interventions,  following  the  declaration  of  drought  as  a  national  emergency. Nujoma is equally impressed with Agribank’s contribution to help achieve the national target of land acquisition.