A bill to establish the Namibia Deposit Guarantee Authority was tabled in the National Assembly. The Namibia Deposit Authority Bill provides for the establishment of a national safety net mechanism as contained in the national financial strategy to manage vulnerability. Tabling the bill in the National Assembly, Finance Minister Calle Schlettwein says the bill will also provide for the establishment of a Deposit Guarantee Scheme to pay depositors in a quick and transparent manner, if a bank fails. This the minister says will minimise the dangers of not having access to funds for smaller depositors.