Namibia will emphasise the need to accelerate the implementation of climate financing, capacity building, and technology transfer at the 30th Conference of the Parties to the UN Framework Convention on Climate Change (COP30).
The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings.
The Bank of Namibia has condemned recent acts of currency mutilation circulating on social media.
The central bank warns of serious legal action against any person tampering with the features of the country's banknotes and new coinage series.
Out of 11,475 applications received from all 14 regions for the National Youth Development Fund (NYDF), only 42 successful projects are set to benefit from the government-backed financial rollout initiative.
Each region has three projects that will benefit from the fund.
The Minister of Finance, Ericah Shafudah, officially launched the Retirewise booklet in Windhoek.
An initiative by the Financial Literacy Initiative aims to enhance financial literacy and promote long-term financial well-being for all retirees.
The Financial Literacy Initiative, in conjunction with the Ministry of Finance, will launch a "RetireWise Booklet", an initiative that aims to enhance and promote the financial well-being of retirees and those set to retire.
NAMDIA has taken G4S to the Windhoek High Court, seeking payment of N$314 million.
According to court papers, on January 18, an unknown group entered the NAMDIA premises and stole 446 parcels of diamonds valued at N$314 million.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has launched the annual Fintech Square campaign aimed at promoting innovation and dialogue among creators, investors and industry leaders.
The Minister of Finance, Ericah Shafudah, announced the implementation of the pension-backed housing scheme to improve access to decent and affordable housing mainly for civil servants who are not able to meet bank loan requirements.
The Bank of Namibia announced a record dividend of N$ 720 million dollars for last year, exceeding the 511 million dollars paid to the government in 2023.
