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Financial turbulence in USA and Europe have no effect on Namibia

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The Namibian banking institutions have solid financial buffers to withstand risks from internal and external shocks.

The Bank of Namibia gave this assurance following financial turbulences in banking institutions in the United States and Europe.

Namibia's financial system remains uninterrupted

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Namibia's financial system will continue uninterrupted, despite the greylisting of South Africa.

This assurance is given by the Bank of Namibia, following the rating of South Africa by the Financial Action Task Force (FATF).

BoN and BNA prioritize trade facilitation

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The Bank of Namibia (BoN) and Banco Nacional de Angola (BNA) have prioritized trade facilitation through payment system integration enabled by digital capabilities as a means of realizing the efficient movement of goods and services between the two countries.

The Bank of Namibia declines to comment on alleged N$60 billion theft

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The Bank of Namibia has declined to comment on the alleged N$60 billion theft case currently being investigated by the Namibian Police. Instead, after being approached for comment on the alleged theft, BoN Director of Communications Kazembire Zemburuka directed nbc News to the Namibian Police.