BoN kicks off 16-month Instant Payment Programme implementation
The Bank of Namibia (BoN) has kicked off a tentative 16-month journey to implement the Instant ...
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Tag: bank of namibia
Food, live animal exports surge by 31.3% in Q1 to N$994m
The total value of food and live animal exports surged by 31.3% year-on-year, reaching approximately N$994 ...
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Namibia’s deficit widens to N$11.4 billion in Q1 2024
Namibia's current account deficit widened to N$11.4 billion during the first quarter of 2024, up from ...
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Namibia’s trade deficit widens to N$13.5 billion in Q1
The Bank of Namibia Governor Johannes !Gawaxab says the country’s merchandise trade deficit widened substantially to ...
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BoN expected to maintain repo rate unchanged
The Bank of Namibia (BoN) is expected to keep its repo rate steady at 7.75% after ...
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BoN extends Ongos Valley’s provisional building society licence
The Bank of Namibia (BoN) has granted Ongos Valley Development's building society, Cadence, a one-year extension ...
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BoN to conduct user fees, charges investigation
The Bank of Namibia (BoN) plans to conduct a comprehensive study on user fees and charges ...
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Oil & gas drives Namibia’s N$73bn FDI surge
Namibia attracted N$73 billion in foreign direct investments (FDI) between 2021 and 2023, with 45% of ...
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Household credit surges to N$67b, 55% of April’s total credit
Namibia’s household credit amounted to N$67 billion in April 2024, commanding 55% of total private sector ...
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High fees push customers away from formal financial system – BoN
The Bank of Namibia (BoN) says high fees and charges associated with everyday banking interactions discourage ...
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