Loans approved by banking industry increases from 10 000 to 12 000

by editor1 / Oct 23, 2020 / 0 comments

-The total number of loans approved by the banking industry have increased from 10 000 in July to more than 12 000 at the end of September.

Bank of Namibia keeps repo rate unchanged

by editor1 / Oct 21, 2020 / 0 comments
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-The Bank of Namibia has kept the repo rate unchanged at 3,75%.

Bank of Namibia to re-look operation of crowdfunding schemes

by editor1 / Sep 18, 2020 / 0 comments

-The Bank of Namibia may give a listening ear to the operation of pyramid or crowdfunding schemes in Namibia.

Johannes !Gawaxab on his first 100 days as BoN Governor

by editor1 / Sep 17, 2020 / 0 comments

-Bank of Namibia's Governor Johannes !Gawaxab engaged members of the media to update them on his accomplishments in the first 100 days since his appointment.

BoN, FIC vow to continue working with law enforcement in tracing millions lost in SME Bank case

by editor1 / Sep 09, 2020 / 0 comments
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-The Financial Intelligence Centre (FIC) and the Bank of Namibia say they will continue to provide information to law enforcement agencies into the missing SME Bank millions.

BoN satisfied with credit guarantee scheme initiative to support businesses with no collateral

by editor1 / Aug 24, 2020 / 0 comments
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-The Bank of Namibia (BoN) has expressed satisfaction with the operationalisation of the new credit guarantee scheme introduced by the Ministry of Finance.

Repo rate down by 25 basis points

by editor1 / Aug 19, 2020 / 0 comments
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-The Monetary Policy Committee (MPC) of the Bank of Namibia (BoN) reduced the repo rate by 25 basis points from 4% to 3,75%.

BoN uncovers 12 illegal pyramid schemes since 2019

by editor1 / Aug 18, 2020 / 0 comments
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-The Bank of Namibia (BoN) in 2019 and 2020 conducted investigations into 12 suspected illegal financial pyramid schemes uncovered in the country, its deputy director for corporate communications, Kazembire Zemburuka has said.

BoN celebrates 30 year anniversary

by editor1 / Jul 17, 2020 / 0 comments
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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.