The Bank of Namibia, in partnership with the Namibia Revenue Agency, has embarked on a journey to digitalise Namibia's trading system while protecting revenue flow in the country.

Namibia's launch of the Trade Verification System (TVS) demonstrates the country's commitment to strengthening its financial systems and ensuring a transparent and legitimate trade environment.

The system is designed to streamline international trade procedures and combat illicit financial flows.

Deputy Governor of the Bank of Namibia, Leonie Dunn, stressed the significance of collaboration among regulators.

With its comprehensive monitoring capabilities and real-time integration, the TVS sets the stage for a more secure and prosperous future for Namibia's economy.