We don't know if they will take it or not.
Cabinet still has to give the final green light on the formation of the bank.
Shihaleni Ndjaba, Deputy Permanent Secretary in the Ministry of Finance, was confident last week that the bank would be set up by July or before the end of this year. Ndjaba claimed it had taken a long time for the bank to set up shop because they wanted to be sure that everything was done properly. Cabinet at the time failed to endorse the second of three phases in the establishment of the bank. Some Ministers reportedly refused to relinquish control of institutions under their control. The money will form part of the start-up capital, with the rest expected to come from local banks and foreign investors.