insert_link 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. todayOctober 28, 2024 20
insert_link 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, […] todayOctober 9, 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 11