insert_link Namibia Bank of Namibia Strengthens Leadership with New Non-Executive Board Members The Bank of Namibia announces the appointment of Dr. Meshack Tjirongo, Adv. Eliaser Nekwaya, and Mr. Peter Kruger as non-executive members of the Board of Directors. Additionally, Mr. Ehrenfried Meroro has been re-appointed as a non-executive board member effective from tomorrow. These appointments align with Section 9 of the Bank of Namibia Act (2020). Ms. Naufiku Hamunime, Acting Director of Strategic Communications and International Relations, shared the news. […] todayJanuary 31, 2024 31
insert_link Business / Economics South African Reserve Bank Keeps Repo Rate Unchanged, BoN Likely to Follow Suit The South African Reserve Bank has decided to maintain the repo rate at 8.25%, with the prime lending rate at 11.75%. The Bank of Namibia, usually aligned with the SARB to uphold the currency peg, is expected to follow suit. Currently, Namibia's repo rate is at 7.75%. The BoN's upcoming monetary policy meeting on 14 February will provide further insights. Insights from Salomo Hei, Managing Director of High Economic Intelligence. todayJanuary 26, 2024 13
insert_link Namibia Bank of Namibia declares its inclusion in the distinguished Network for Greening the Financial System The Bank of Namibia is delighted to declare its inclusion in the distinguished Network for Greening the Financial System, a coalition of central banks and prudential supervisory authorities dedicated to promoting global environmental and climate risk management within the financial sector. Naufiku Hamunime, the bank's Principal International Relations and Sustainability Officer, shared this announcement. todayJanuary 12, 2024 15
insert_link Namibia Bank of Namibia and the Mines ministry have solidified their dedication to propelling the national economic agenda The Bank of Namibia and the Mines and Energy ministry have solidified their dedication to propelling the national economic agenda within the burgeoning mining and energy industries. They have formally signed a Memorandum of Understanding to this effect. Ratified by Johannes !Gawaxab, the Governor of the Bank of Namibia, and Thomas Alweendo, the Minister of Mines and Energy. Sandra Garises, the Principal Communications Team Leader at the Strategic Communications and […] todayDecember 22, 2023 6
insert_link Namibia BoN and NamRA succesfully launch the country’s inaugural Trade Verification System to monitor cross-border transactions The Bank of Namibia, in collaboration with the Namibia Revenue Agency, has introduced Namibia's inaugural Trade Verification System to oversee cross-border transactions. This initiative is geared towards curbing illegal capital outflows and advancing financial transparency within the country. Steven Ndorokaze, spokesperson for NamRA, shared insights into this crucial initiative. todayDecember 14, 2023 23
