BoN maintains repo rate as reserves slip to N$59.7bn
Namibia’s international reserves declined to N$59.7 billion at the end of March 2025, down from N$64.3 ...
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Tag: Johannes !Gawaxab
BoN keeps repo rate at 6.75% to protect rand peg
The Bank of Namibia has kept the repo rate unchanged at 6.75% following its April Monetary ...
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BoN Governor warns against over-regulation
The Bank of Namibia (BoN) Governor Johannes !Gawaxab has cautioned against excessive regulation, warning that stringent ...
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Bank of Namibia declares record N$720 million dividend
The Bank of Namibia (BoN) has declared a record dividend of N$720 million to the government ...
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Bank of Namibia to introduce new notes and coins
The Bank of Namibia (BoN) has announced plans to launch a new series of banknotes and ...
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Namibia’s Sovereign Wealth Fund now worth N$460m
The Welwitschia Sovereign Wealth Fund has grown to N$460 million since its establishment in 2022, marking ...
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BoN Governor calls for stronger cybersecurity regulations amid AI adoption
The Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, has called for stricter regulatory frameworks ...
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Namibia nears N$9.5bn Eurobond sinking fund target, only N$1.5bn short
Namibia is nearing its N$9.5 billion (US$500 million) target for the sinking fund intended to repay ...
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Namibia’s trade deficit hits N$42 billion in 2024 amid rising imports
The country’s merchandise trade deficit reached N$42 billion in 2024, a significant increase from the N$31 ...
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BoN to issue commemorative banknote honoring late President Hage Geingob
The Bank of Namibia (BoN) has announced plans to launch a commemorative banknote in tribute to ...
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