Tag: Bank of Namibia
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Namibian banks in healthy state
Bank of Namibia governor Johannes Gawaxab said Wednesday he is happy with the liquidity and capitalization of the country's commercial banks even as he...
Namibia’s central bank reduces repo rate to 3.75 percent
Namibia's central bank Wednesday reduced the repo rate by 25 basis points from 4 percent to 3.75 percent.
Bank of Namibia governor...
Namibia central bank defines WhatsApp Stokvel as pyramid scheme
The Bank of Namibia (BoN), Namibia's central bank, on Wednesday said that the business activities of the WhatsApp Stokvel that surfaced over the past...
Namibia’s diamond, uranium mining sectors projected to contract in 2020
Namibia's diamond and uranium mining sectors are projected to contract in 2020 before a solid recovery in 2021, according to a Bank of Namibia...
Namibia’s economy expected to contract by 6.9 percent in 2020
Namibia's economy is expected to contract by 6.9 percent in 2020, following a milder contraction of 1.1 percent in 2019, the central bank said...
