insert_link Business / Economics Namibia Welcomes South Africa’s Lower Inflation Target The Bank of Namibia's Naufiku Hamunime, Deputy Director of Corporate Communications and Sustainability, welcomed South Africa’s decision to lower its inflation target to 3 percent, saying it will bring long-term benefits for Namibia through the Common Monetary Area. With Namibia’s dollar pegged to the rand, aligning key monetary indicators like interest rates helps maintain stability, while membership in the bloc continues to provide price stability, lower transaction costs, and […] today18 November, 2025
insert_link Business / Economics Bank of Namibia Talks Fintech Forum on Youth and Jobs The Bank of Namibia hosted the Fintech Thought Leadership Forum under the theme “Unlocking Youth Potential and Job Creation Through Innovations of Tomorrow.” The event gathered leaders from government, business, and academia to explore how technology can promote inclusive economic growth. Naufiku Hamunime, Acting Deputy Director for Corporate Communications and Sustainability at BoN: today21 October, 2025
insert_link Business / Economics Next-Generation Namibia Dollar Enters Circulation in Mariental Upgraded Namibia Dollar banknotes and a new coin series have been officially released by the Bank of Namibia at a ceremony in Mariental, Hardap Region. The currency was first unveiled by President Dr. Netumbo Nandi-Ndaitwah in July as part of the Bank’s 35th anniversary celebrations, highlighting “Our Currency, Our Heritage, Our Pride,” according to Acting Deputy Director of Corporate Communications and Sustainability Naufiku Hamunime. As of today, the upgraded banknotes […] today30 September, 2025
insert_link Business / Economics BoN Sees Slower Growth, Launches Data Hub The Bank of Namibia projects 3.5% GDP growth this year due to weaker manufacturing and US tariffs on diamonds. Governor Johannes !Gawaxab said gold will be accumulated to strengthen reserves, while Acting Deputy Director Naufiku Hamunime highlighted the launch of the Data Sphere platform for public access to key economic data. today21 August, 2025
insert_link Business / Economics Banking Leaders Chart the Future at CEO Roundtable The banking sector CEOs gathered for a strategic roundtable discussion this week, focusing on pressing challenges such as climate risk, cybersecurity, and regulatory policies. The event, hosted by the Bank of Namibia, carried the theme "Setting the Scene and Driving Impact for 2025," as highlighted by Ms. Naufiku Hamunime, Technical Expert in International Relations & Sustainability. today21 February, 2025
insert_link Business / Economics Bank of Namibia Affirms Financial Stability Following Recent Review Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations, shared updates from the Bank of Namibia’s Macro Prudential Oversight Committee. After their December 5th meeting, she confirmed that the financial system remains stable, with both banking and non-banking sectors maintaining sufficient capital and liquidity to handle potential losses. today13 December, 2024
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. today19 March, 2024
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. today7 March, 2024
insert_link Namibia Bank of Namibia Concludes Inaugural Monetary Policy Strategy Session The Bank of Namibia has concluded its inaugural Monetary Policy Strategy Session, aimed at enhancing the understanding and implementation of monetary policy. The session, attended by key stakeholders such as the Monetary Policy Committee, Board members, and essential staff, provided valuable education and insights into the intricate process of policy formulation. Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations at the Bank, highlighted the significance of this […] today20 February, 2024