BANK OF NAMIBIA REPORTS 90% PERFORMANCE

Breadcrumb

The Bank of Namibia reported a 90% achievement in the performance of its strategic pillars and enablers for the years 2025/2027.

This was announced by the Governor of the Bank, Ebson Uanguta, during the release of the central bank's annual report.

EX-SWATF MEMBERS THREATEN LEGAL ACTION OVER ALLEGED MISSING FUNDS

Breadcrumb

Former members of the South West African Territorial Force (SWATF) are demanding answers over funds they claim were set aside for their benefit. 

The group says despite evidence of millions being transferred and invested, no payments have been made to them.

BANK OF NAMIBIA SHOWCASES LOCAL STARTUPS IN WINDHOEK

Breadcrumb

The Bank of Namibia hosted a stakeholder engagement event, highlighting local startups, in Windhoek.

The "Connecting Pioneers of Our Future" event aimed to do more than just inspire and position Namibia as a leader in enterprise, innovation, and technology in Africa.

NAMPOST AWARDED TENDER TO DISTRIBUTE GRANTS

Breadcrumb

Minister of Finance Ericah Shafudah says that NamPost was awarded the tender of distributing grants as a result of the public entity to public entity procurement strategy.

This was her response to IPC MP Lilian Lutuhezi, who sought clarity on how the ministry came to the decision.

Ebson Uanguta appointed new Governor of Bank of Namibia

Breadcrumb

President Netumbo Nandi-Ndaitwah has appointed Ebson Uanguta as the new Governor of the Bank of Namibia, effective 1 January 2026, for a five-year term.

Uanguta has served as Deputy Governor since 2012, where he contributed to the bank’s policy formulation, governance and oversight functions.

BoN keeps repo rate unchanged at 6.5%

Breadcrumb

The Monetary Policy Committee (MPC) of the Bank of Namibia has decided to keep the repo rate unchanged at 6.5%. 

The Governor of the Bank of Namibia, Johannes !Gawaxab, announced this during the final Monetary Policy Announcement of the year.