insert_link Local Bank of Namibia hosts public lecture on financial inclusion in rural areas The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […] todayMay 31, 2024 5
insert_link Oshiwambo Omukuluntu Bank of Namibia a manitha ekuthombinga lye moshigongi shookomitiye yoo ngoloneya yo Central Bank moshitopolwa Ngoloneya go Bank of Namibia Johannes !Gawaxab okwa manitha ekuthombinga lye moshigongi oshiti 57th sho SADC Committee of Central Bank Governors (CCBG) , shuunganekwa ko Central Bank of Eswatini. Oshigongi shika shokomumvo osheeta pamwe oongoloneya yoombanga oonene okuza moshitopolwa okunongonona epondolo lyetulomiilonga lyawo lyo Committee's Strategic Focus Areas ,mbyoka ya kwatelamo okuyambulapo ekwatelemo lyopashimaliwa ,oku kalekapo engungumano lyopashimaliwa,nelongo lyopashimaliwa noshoo tuu. Omushangwa go Bank of Namibia ogwati oombanga oonene ohadhi […] todayMay 10, 2024 10
insert_link Local Bank of Namibia launches the instant payment project to enhance financial inclusion. The Bank of Namibia today officially launched the Instant Payment Project, a pioneering initiative set to revolutionize financial services across Namibia. With a targeted official launch year of 2025, the project aims to significantly broaden financial inclusion by providing essential and affordable financial services to all whilst focusing on the rural and informal sectors which face logistical and financial challenges in accessing conventional banking services. In 2023, the […] todayApril 26, 2024 25
insert_link Namibia Bank of Namibia Launches Instant Payment Project Today, the Bank of Namibia is set to unveil its Instant Payment Project, aiming to introduce faster and more efficient payment transfers. Instant payments, credited to accounts within ten seconds of processing, offer a swift alternative to traditional methods. Deputy Minister of Finance Maureen Hinda-Mbuende highlights the significance of this initiative, which aligns with global trends towards real-time financial transactions. todayApril 26, 2024 65
insert_link Namibia Bank of Namibia donates special operations vehicle to NamPol The Bank of Namibia donated a special operations vehicle to the Namibian Police Force. The donation received by the Inspector General of the Namibian Police Force, Lieutenant General Joseph Shikongo, underscored the strong partnership between the two institutions and their shared commitment to enhancing public safety and security. The Namibian Police Force has been a crucial ally to the Bank, ensuring the safety and security of the nation's currency. Here […] todayApril 24, 2024 20
insert_link Namibia Bank of Namibia supports Namibian police with special operations vehicle donation The Bank of Namibia donated a special operations vehicle to the Namibian Police Force at an official handover ceremony on Tuesday, 23 April 2024. The donation, received by the Inspector General of the Namibian Police Force, Lieutenant General Joseph Shikongo, underscored the strong partnership between the two institutions and their shared commitment to enhancing public safety and security. The Namibian Police Force has been a crucial ally to […] todayApril 24, 2024 4
insert_link Business / Economics 11-18 April 2024 Weekly Economics Wrap: Insights from Around the Globe Namibian Financial Landscape: The Bank of Namibia has decided to maintain the repo rate at 7.75 percent, signaling a cautious approach to monetary policy amid economic uncertainties. Sanlam Namibia reported significant growth in assets, reaching N$4.6 billion in 2023. CEO Tertius Stears expressed confidence in the company's performance, anticipating further growth in policy liabilities. Developments in South Africa: The South African rand experienced depreciation against the U.S. dollar amidst escalating […] todayApril 18, 2024 10
insert_link Business / Economics 18 April 2024 Morning Biz News: Latest Financial Indicators and Business News Recap Bank of Namibia Maintains Repo Rate: The Bank of Namibia has announced its decision to keep the repo rate steady at 7.75 percent, alongside a stable prime lending rate of 11.50 percent. This marks the second monetary policy announcement by the BoN this year, indicating a cautious approach to economic management. South Africa Sees Decrease in Consumer Inflation: Consumer inflation in South Africa saw a slight decrease in March, falling […] todayApril 18, 2024 17
insert_link Business / Economics Bank of Namibia holds repo rate at 7.75% The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […] todayApril 17, 2024 13
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
