insert_link Business / Economics Bank of Namibia symposium highlights agriculture’s growth potential The Bank of Namibia concluded its 25th Annual Symposium in Windhoek today, focusing on the theme, "Global Value Chains for Inclusive Development: How Can Namibia Position Its Agriculture Sector?" The event brought together experts and stakeholders to discuss strategies for strengthening Namibia's agricultural sector to drive inclusive growth. BoN Governor Johannes !Gawaxab, in his address, highlighted the critical role of agriculture in Namibia's economic development. He referenced a recent World […] todaySeptember 19, 2024 26
insert_link Namibia Bank of Namibia hosts 2024 Tertiary Institutions Debating Challenge The Bank of Namibia will host the 2024 Tertiary Institutions Debating Challenge, a key public education initiative designed to enhance critical thinking and debate on economic and central banking issues among Namibian youth. This year’s debate included a preliminary round for the first time. Sandra Garises, the Bank's principal communication officer. todayJuly 24, 2024 29
insert_link Interview Transcripts INTERVIEW: Understanding Microprudential Oversight: Insights from Business and Economics Researcher Josef Kefas Sheehama In a recent discussion, Josef Kefas Sheehama delved into the critical role of the Microprudential Oversight Committee (MOC) in Namibia's financial landscape. Addressing key concerns raised by recent reports, Sheehama underscored the committee's pivotal function in safeguarding financial stability amidst economic challenges. The conversation was sparked by findings from TransUnion indicating that nearly 49% of Namibians struggle to meet their financial obligations. Sheehama emphasized that such statistics underscore the urgency […] todayJuly 17, 2024 9
insert_link Namibia Bank of Namibia Governor Highlights Stability as Key to Investment Appeal at London Stock Exchange meet Bank of Namibia Governor Johannes !Gawaxab emphasized that the country's stability and predictability are crucial for attracting investment. Speaking to bankers, analysts, and representatives of the London Stock Exchange on Thursday, !Gawaxab noted that despite challenges like a severe drought, Namibia remains a stronghold of economic resilience amid a volatile global economic landscape. Director: Strategic Communications & International Relations at the regulator- Kazembire Israel Zemburuka todayJuly 5, 2024 18
insert_link Business / Economics Bank of Namibia and Development Bank Forge Alliance for Economic Growth The Bank of Namibia and the Development Bank of Namibia have signed a Memorandum of Understanding to bolster economic growth in Namibia. This collaboration aims to enhance their respective roles in driving sustainable economic development and improving social welfare. Sandra Garises, the Bank's principal communication officer. todayJune 18, 2024 55
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 13
insert_link Business / Economics Bank of Namibia Extends Timeline for Implementation of Electronic Fund Transfer Regulations The Bank of Namibia has announced a postponement in the implementation of the new regulations governing electronic fund transfers within the national Payment System Determination. Sandra Garises, the bank's principal communication officer, disclosed that PSD-9, initially set to take effect by the end of April, will now be enforced on September 30, 2024. She explains what it entails. todayApril 15, 2024 72
insert_link Business / Economics 04 April 2024 Morning Biz News: Financial Highlights and Global Market Trends Here's a roundup of the latest financial news and global market trends shaping economic landscapes worldwide: Namibia's Oil and Gas Sector Attracts Significant Investments: The Bank of Namibia has reported that the oil and gas sector in Namibia has received N$33.4 billion in foreign direct investments between 2021 and 2023. Governor Johannes !Gawaxab highlighted the transformative potential of these investments, which have been catalyzed by a substantial oil discovery in […] todayApril 4, 2024 5
insert_link Namibia Bank of Namibia Honored for Transparency at Central Banking Awards The Bank of Namibia has received the prestigious transparency award at the annual Central Banking Awards, organized by Central Banking Publications. This recognition celebrates outstanding performance within the central banking community. Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations at the Bank, shares insights on this achievement. todayMarch 19, 2024 30
