sandra garises

Bank of Namibia awards bursaries to ten outstanding students

The Bank of Namibia has awarded bursaries to ten outstanding students pursuing studies in key fields essential to the country’s development. The regulator's Sandra Garises says, through its long-standing bursary programme, the Bank continues to invest in the country's future by ensuring deserving students have access to quality education. Josefina Oskar from BON:

7 February, 2025

Environment

Bank of Namibia launches drought relief policy

The Bank of Namibia has introduced a new policy, effective from 23 October 2024 to October 2026, to address economic and financial challenges from the ongoing drought following the state of emergency declared by President Nangolo Mbumba in May. The central bank’s principal communications team leader, Sandra Garises.

28 October, 2024

Business / Economics

Bank of Namibia Confirms Financial Stability

The Bank of Namibia's Financial System Stability Committee has confirmed that the domestic financial system is stable and resilient despite potential vulnerabilities. Following an assessment on October 3, the committee noted a projected decline in global GDP growth to 3.2% in 2024 due to tighter monetary conditions and inflation. Nevertheless, Namibia's financial system has shown resilience, and the Bank is confident in its ability to manage future risks. Sandra Garises, […]

9 October, 2024