United Africa Group launches United PayPoint

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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.

Nampa achieves first clean audit in ten years

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The Namibia Press Agency (Nampa) has received an unqualified audit opinion for the 2023/2024 financial year, marking its first clean audit in a decade.

Namibia pays off US$750 million Eurobond

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

BoN Cuts Repo Rate to 6.5%

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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.