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.

United Africa Group launches United PayPoint

Breadcrumb

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.