BoN

BoN celebrates 30 year anniversary

by editor1 / Jul 17, 2020 / 0 comments
Photo credits: 
Bank of Namibia

-Governor Johannes !Gawaxab says Bank of Namibia's (BoN) will continue to enhance the country's long term macro-economic stability for economic development. He was speaking at the bank's 30th anniversary.

Bank of Namibia implement Stage 1 State of Emergency regulation after staff exposed to COVID-19

by editor1 / Jun 17, 2020 / 0 comments

-Bank of Namibia has decided to implement Stage 1 of the state of emergency regulations, effective from today.

Bank of Namibia reduces repo rate to 4%

by editor1 / Jun 17, 2020 / 0 comments

-The Bank of Namibia (BoN) today announced that the bank's Monetary Policy Committee (MPC) decided to reduce the Repo rate from 4,25% to 4,00%.

BoN declares WhatsApp stokvel illegal

by editor1 / May 21, 2020 / 0 comments

-The Bank of Namibia (BoN) has declared the "N$200 WhatsApp stokvel" an illegal pyramid scheme that violates the Banking Institution Act.

N$30 commemorative banknote available to the public from tomorrow

by editor1 / May 14, 2020 / 0 comments

-The Bank of Namibia (BoN) says the N$30 commemorative banknote launched on Independence Day will be available to the public from tomorrow.

INTERVIEW | BoN Director of Research Florette Nakusera on the stability report

by editor1 / Apr 28, 2020 / 0 comments

-INTERVIEW | Director of Research, Financial Stability at Bank of Namibia, Florette Nakusera on the stability report.

Namibia's economy expected to decline by 6,9%

by editor1 / Apr 28, 2020 / 0 comments

-Namibia's economy is expected to decline by 6,9% this year, following a slight drop of 1,1% in 2019.

President Geingob appoints Johannes !Gawaxab as Governor of Bank of Namibia

by editor1 / Apr 21, 2020 / 0 comments
Photo credits: 
NAMPA

-Former Managing Director of Old Mutual Africa and local businessman, Johannes !Gawaxab is the new Governor of Bank of Namibia deputised by Ebson Uanguta.
President Hage Geingob made the announcement at State House.

Bank of Namibia announces 100 basis points reduction in repo rate

by editor1 / Apr 15, 2020 / 0 comments

-Another relief to consumers is expected, as the Bank of Namibia announces a 100 basis points reduction in the repo rate.

BoN suggests commercial banks institute loan payment holidays

by editor1 / Mar 26, 2020 / 0 comments

-The Bank of Namibia (BoN) announced various policy relief measures to curb economic adverse effects from the Coronavirus outbreak.

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