BoN grants 4 entities payment and virtual asset licences
The Bank of Namibia (BoN) has provisionally authorised four entities to provide payment and virtual asset ...
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Tag: bank of namibia
Namibia’s milk output hits 4.2 million litres
Namibia’s milk production increased to 4.2 million litres during the third quarter, marking a 7.5% surge ...
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Namibian individuals secure over N$2bn in credit over 12 months
The private sector in Namibia received a total of N$3.73 billion in credit over the past ...
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Adverse weather drives 26.6% decline in local crop production
#image_title Namibia's local crop production plummeted by 26.6% to 14,633 tonnes during the third quarter, compared ...
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Non-banking sector assets record 9% growth in Q3 2024 to N$486.6 billion
The country's Non-Bank Financial Institutions (NBFIs) sector achieved a 9% growth in assets during the third ...
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BoN to integrate AI, machine learning across operations and financial sector
The Bank of Namibia (BoN) plans to adopt advanced technologies, including artificial intelligence (AI) and machine ...
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BoN cuts repo rate to 7.00% to boost economic growth
The Bank of Namibia (BoN) has reduced the repo rate by 25 basis points to 7.00%, ...
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To cut or to hold, BoN decides
The Bank of Namibia (BoN) is set to convene its final Monetary Policy Committee (MPC) meeting ...
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Namibia’s economy to grow by 3.5% in 2024
The Bank of Namibia (BoN) says the economy is projected to grow by 3.5% in 2024, a ...
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BoN tackles cross-border payment delays and high fees
The Bank of Namibia (BoN) is taking decisive steps to control high cross-border payment costs and ...
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