insert_link Business / Economics 13-20 June 2024 Weekly Economics Wrap: Pupkewitz Tops Affordability, Namibia Holds Rates, and Global Markets Shift Pupkewitz Megabuild Leads in Affordability According to The Brief's monthly survey for June 2024, Pupkewitz Megabuild has emerged as the most affordable hardware store in Windhoek. This survey, initiated in June 2023, benchmarks the prices of a standardized basket of hardware items across four major stores: Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Pupkewitz's consistent pricing strategy has positioned it favorably among consumers seeking value for money in their […] todayJune 20, 2024 7
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 Namibia Competition Commission Imposes Fine on Bank of Namibia Governor and Others for Unapproved Merger The Namibian Competition Commission has fined Bank of Namibia Governor Johannes !Gawaxab, Ismael Gei-Khoibeb, and Gamma Investments CC for executing a merger without the necessary approval from the watchdog. According to NaCC's statement, !Gawaxab sold his stake in Gamma to Gei-Khoibeb on June 10, 2020, violating the Competition Act. Corporate Communications Practitioner at NaCC, Dina //Gowases. todayMay 10, 2024 35
insert_link Business / Economics Bank of Namibia joins Cirrus Investor Conference for global connectivity The Bank of Namibia has participated in the 5th Cirrus Investor Conference held in Swakopmund from 9 to 10 April. The conference was held to facilitate connections between Namibian securities issuers and international investors, bringing together various stakeholders. Governor Johannes !Gawaxab delivered the opening address, discussing Namibia's economic trajectory and financial outlook in light of global forces. Naufiku Hamunime BoN's Principal: International Relations and Sustainability, has more. todayApril 10, 2024 17
insert_link Local Governor! Gawaxab champions economic resilience and financial innovation at 2024 Cirrus investor conference The Bank of Namibia, participated in the 5th edition of the Cirrus Investor Conference. Taking place in Swakopmund between 9-10 April 2024, the conference drew development finance institutions, institutional asset managers, listed companies, state-owned enterprises, and Government Ministries, offices and agencies together to connect Namibian securities issuers and potential issuers, with investors from around the world. Speaking at the event, the Governor of the Bank, Mr. Johannes !Gawaxab provided […] todayApril 10, 2024 2
insert_link Namibia Bank of Namibia engages stakeholders on oil and gas projects in the //Karas region Bank of Namibia Governor, Johannes !Gawaxab, has engaged stakeholders in Lüderitz about the potential from recent oil and gas discoveries and green hydrogen projects. The event, spanning from April 3 to April 4, 2024, included a public lecture titled "Positioning Namibia’s Oil & Gas Endowments: Avoiding the Dutch Disease". Kazembire Zemburuka, Director of Strategic Communications and International Relations, at the Bank of Namibia. todayApril 4, 2024 30
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 4
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 15
insert_link Africa Central Banks of Namibia and Angola Advance Payment Mechanisms to Boost Trade Governor Johannes !Gawaxab of the Bank of Namibia and Governor Manuel Dias of the Banco Nacional de Angola have jointly announced progress in developing payment mechanisms to enhance trade transactions between the two countries. Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations at the Bank of Namibia. todayMarch 7, 2024 32
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.
