Business / Economics

Bank of Namibia Governor Announces Instant Payments in 2025

today2 October, 2024

Background

Governor Johannes !Gawaxab of the Bank of Namibia delivered a public lecture at the University of Namibia titled “Modernising Namibia’s Financial Landscape for a Prosperous Future.” He outlined the introduction of fast payments, or instant payments, allowing real-time fund transfers 24/7, set to launch in September 2025. The regulator’s, Josefina Oskar .

 

Written by: Leonard Witbeen