Tom Alweendo
Encyclopedia
Tom Kavaningilamo Alweendo is a Namibia
n businessperson. In 2003, he became the first Namibian Governor of the Bank of Namibia
, when he replaced Jafaar bin Ahmad of Malaysia. From the mid-1990s until 2001, he was head of Air Namibia
.
Alweendo earned a bachelor's degree from the University of the Witwatersrand
in South Africa
and a Master of Business Administration
from the University of Wales
in the United Kingdom
.
As Governor of the Bank of Namibia, he has maintained the Namibian Dollar
's linkage with the South African Rand
. He has also raised concerns about increasing amounts of government debt and questioned whether the massive financial expenditures on education produced better results.
Namibia
Namibia, officially the Republic of Namibia , is a country in southern Africa whose western border is the Atlantic Ocean. It shares land borders with Angola and Zambia to the north, Botswana to the east and South Africa to the south and east. It gained independence from South Africa on 21 March...
n businessperson. In 2003, he became the first Namibian Governor of the Bank of Namibia
Governor of the Bank of Namibia
The Governor is the head official of the Bank of Namibia. He is responsible for implementing Namibia's monetary policy and chairing the meetings of the Bank's Board of Directors.-List of the Governors of the Bank of Namibia:* ?-1997: Jafaar bin Ahmad...
, when he replaced Jafaar bin Ahmad of Malaysia. From the mid-1990s until 2001, he was head of Air Namibia
Air Namibia
Air Namibia is the national airline of Namibia, headquartered in Windhoek. It operates scheduled domestic, regional, and international passenger and cargo services under IATA airline designator SW and ICAO airline designator NMB. Its international hub is Windhoek Hosea Kutako International Airport,...
.
Alweendo earned a bachelor's degree from the University of the Witwatersrand
University of the Witwatersrand
The University of the Witwatersrand, Johannesburg is a South African university situated in the northern areas of central Johannesburg. It is more commonly known as Wits University...
in South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
and a Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
from the University of Wales
University of Wales
The University of Wales was a confederal university founded in 1893. It had accredited institutions throughout Wales, and formerly accredited courses in Britain and abroad, with over 100,000 students, but in October 2011, after a number of scandals, it withdrew all accreditation, and it was...
in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
.
As Governor of the Bank of Namibia, he has maintained the Namibian Dollar
Namibian dollar
The dollar has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign $, or alternatively N$ to distinguish it from other dollar-denominated currencies...
's linkage with the South African Rand
South African rand
The rand is the currency of South Africa. It takes its name from the Witwatersrand , the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c"...
. He has also raised concerns about increasing amounts of government debt and questioned whether the massive financial expenditures on education produced better results.