The Bank of Namibia (BoN) and the Communications Regulatory Authority of Namibia (CRAN) will strengthen regulatory cooperation following the signing of a new Memorandum of Understanding aimed at enhancing collaboration in regulating the telecommunications and financial sectors.

The repo rate has reduced by 25 basis points to seven percent. 

Central Bank Governors recently met in Windhoek for a quarterly meeting aimed at addressing pressing regional and economic issues to reinforce collaboration within the Common Monetary Area.

Managing climate-induced inflation requires a fine balancing act, especially when coupled with high unemployment and weak economic conditions, Bank of Namibia Governor Johannes !Gawaxab has said.

The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%. 

Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.

The Bank of Namibia has granted provisional authorization to Access Bank Namibia to prepare for conducting banking operations in the country. 

Agriculture is more than just a means of production—it's a pathway to prosperity for around 70% of Namibia's population. 

Agriculture is not just a means of production but a pathway to prosperity for about seventy percent of the Namibian population. 
 

Electronic Fund Transfers and EFT transactions between Namibia, South Africa, Lesotho, and Eswatini will no longer be possible from the end of September.

In a collaborative effort to tackle Namibia's education crisis and empower the country's future leaders, M&G Investments and the Bank of Namibia (BoN) hosted an inspiring event featuring Jeff van Rooyen, a renowned financial expert and philanthropist.