The Bank of Namibia (BoN) is warning the public to be on alert as there is an increase in "419 scams", well-known for duping unsuspecting participants of non-existent investment funds into paying a certain amount of money to fraudsters.

The Bank of Namibia (BoN) and the Namibian Police (NamPol) have, in a joint statement, cautioned members of the public to be vigilant against counterfeit banknotes.

The Bank of Namibia (BoN) has approached the High Court of Namibia seeking to liquidate Trustco Bank Namibia.