The Governor of the Bank of Namibia, Johannes !Gawaxab, says the persistently high cost of living is a cause for concern that puts ordinary Namibians under pressure.

!Gawaxab advised that central banks combat inflation that disproportionately affects vulnerable members of society.

The Bank of Namibia recently hosted the central bank Governors of the Common Monetary Area, South Africa, Lesotho, and Eswatini.

The meeting was aimed at assessing the state of the economies and the progress made thus far on the implementation of the Common Monetary Area strategy.