BANK OF NAMIBIA HONOURS FRANKIE FREDERICKS
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Thirty years after Namibia's historic success at the 1996 Olympic Games, the Bank of Namibia has completed a tribute decades in the making.
Thirty years after Namibia's historic success at the 1996 Olympic Games, the Bank of Namibia has completed a tribute decades in the making.
With the monetary policy announcement expected tomorrow, economist Rodney !Hoaeb hopes that the central bank will have consumers in mind, as the increment of the repo rate was already choking.
Namibia's economy is expected to grow by 2.1% this year before strengthening to 2.8% in 2027.
The Bank of Namibia says the recovery will be supported by improved agricultural output, strong uranium mining and continued growth in wholesale and retail trade and construction.
The Deputy Governor of the Bank of Namibia says Namibia's payment system is as competitive as any other system found globally.
The Bank of Namibia (BoN) has announced a 25-basis point increase in the repo rate to 6.75%. The move came in light of rising inflation, global economic uncertainty, and the need to protect the currency peg between the Namibian dollar and the South African rand.
Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
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.
Namibia is working to build a greener and more inclusive financial system through a national dialogue on sustainable finance.
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.
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.