The Bank of Namibia's Instant Payment Programme, an initiative to modernise the country's financial system, is now expected to launch in the third quarter of 2026. 

The Bank of Namibia and South Africa's Reserve Bank have signed a revised Memorandum of Understanding to strengthen cross-border cooperation and financial stability.

The Bank of Namibia has announced that it will maintain the repo rate at 6.50%.

President Netumbo Nandi-Ndaitwah has appointed Ebson Uanguta as the new Governor of the Bank of Namibia, effective 1 January 2026, for a five-year term.

Uanguta has served as Deputy Governor since 2012, where he contributed to the bank’s policy formulation, governance and oversight functions.

The Monetary Policy Committee (MPC) of the Bank of Namibia has decided to keep the repo rate unchanged at 6.5%. 

The Governor of the Bank of Namibia, Johannes !Gawaxab, announced this during the final Monetary Policy Announcement of the year.

Bank of Namibia Governor Johannes !Gawaxab announced he will step down by the end of December 2025, having fulfilled his mandate and leaving the central bank in a stable and sustainable position for his successor. 

United Africa Group launched United PayPoint, a fully licensed payment service provider, with the approval of the Bank of Namibia. 

United Paypoint is a financial technology designed to bridge the gap between the banked and the unbanked.

The Bank of Namibia's Governor Johannes !Gawaxab's final day of service will be on the 31st of December 2025.

His departure from the Central Bank was announced by the Board today. 

Namibia has repaid the country's second Eurobond, valued at US$750 million, marking the largest single debt maturity in Namibia's history. 

The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings.