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Business / Economics

Bank of Namibia Governor Announces Instant Payments in 2025

todayOctober 2, 2024 32

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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

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