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September 19
Namibia: Bank Boosts Financial Literacy
In a world where financial tools and services are more accessible than ever, one question looms large: Why are so many people struggling with financial health? Read more »
Namibia: Bon Warns Public Against Global Green Network Scam
The Bank of Namibia has warned the public against the Global Green Network (GGN) illegal financial scheme resurfacing after three years. Read more »
September 02
Namibia: More Women Needed As Central Bank Governors
Only 29 of the world's 185 central banks are led by female governors. Read more »
Namibia: Bank Windhoek Maintains High Customer Satisfaction Standards
A Bank Windhoek Customer Satisfaction Survey shows an increase in overall satisfaction score and ease of doing business rating from 76% last year to 77% in 2024. Read more »
August 25
South Africa: Looted SME Bank Millions Splashed On Cars in SA
Part of the N$79 million stolen from SME Bank was used to buy luxury vehicles such as an Aston Martin, a McLaren and a Mercedes-Benz for individuals in South Africa. Read more »
August 18
Namibia: N$18m Stolen From SME Bank Washed By Mugabe's Ex-Pilot
A total of N$18,8 million stolen from SME Bank was transferred to and laundered by former Zimbabwean president Robert Mugabe's ex-pilot and confidant Robert Mhlanga. Read more »
July 02
Namibia: Central Bank Launches Instant Pay Project
The Bank of Namibia (BoN) last week launched the Instant Payment Programme (IPP), aiming to modernise Namibia's payment infrastructure. Read more »
June 18
Namibia: Central Bank, DBN Join Forces
The Bank of Namibia and the Development Bank of Namibia (DBN) have partnered up to drive economic development. Read more »
June 04
Namibia: Central Bank On Financial Inclusion in Rural Areas
The governor of the Bank of Namibia (BoN), Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (Nust) at Eenhana in the Ohangwena… Read more »
May 31
Namibia: Agribank Introduces New Insurance Product
Clients of the Agricultural Bank of Namibia (Agribank) will start enjoying insurance benefits as the institution introduces a new credit life insurance product. Read more »
May 29
Namibia: Bank Windhoek Sells Property Worth N$188m in the North
Bank Windhoek sold 142 properties valued at N$188 million through estate agents in northern Namibia last year, up from N$88 million sold in 2021. Read more »
April 04
Namibia: Namibia Records N$26,3m Worth of Fraud Cases in Banking Sector
Namibia has recorded a total of 357 fraud cases in 2023, which has led to losses amounting to N$26,3 million. Read more »
April 01
Namibia: Omusati Take It Home
Omusati took the coveted Nedbank Namibian Newspaper Cup home after a protracted final on Monday that was eventually decided on a penalty shoot-out. They defeated a spirited Kavango… Read more »
March 13
Namibia: Central Bank Concludes Investigation Into Ponzi Scheme Duo
The Bank of Namibia has concluded an investigation into the alleged unauthorised banking activities of CBI Exchange Namibia and Coenraad Botha and the case is now in court. Read more »
February 15
Namibia: In Sickness and in Health - !gawaxab Defends SA Rand Marriage
Bank of Namibia (BoN) governor Johannes !Gawaxab has likened the Namibia dollar and the South African rand peg to a marriage. Read more »
January 14
Namibia: Potential Loss Less Than N$2 Million After Theft, Bank Says
Bank Windhoek managing director Baronice Hans says the potential loss in the case of an employee allegedly stealing N$200 million from the bank is less than N$2 million. Read more »
January 11
Namibia: Schimming-Chase to Head Retirement Fund Board
Afra Schimming-Chase has been appointed as Benchmark Retirement Fund's new chairperson. Read more »
January 08
Namibia: Banks to Face Uphill Battle to Repossess Homes
Minister of justice Yvonne Dausab is expected to operationalise a new law protecting homeowners against bank repossessions due to loan defaults. Read more »
October 24, 2023
Namibia: Economists Predict Repo Rate to Remain Unchanged
Economists predict that the repo rate will remain unchanged at 7,75%. Read more »
October 10, 2023
Namibia: Bon Promotes Rural Transformation Through Financial Access
The Bank of Namibia (BoN) has urged financial sector stakeholders to expand agent banking services in order to boost financial inclusion and support economic growth in rural areas. Read more »
Namibia: Agribank's Loan Book Grows to N$284m
Namibia's premier agricultural lender, Agribank, significantly boosted its loan disbursements, reaching over N$284 million this year, compared to the previous year's N$194 million. Read more »
June 25, 2023
Namibia: Parliament in Race to Avoid Greylisting
Political experts and opposition members of parliament (MPs) have expressed concern about Cabinet ministers rushing to table critical bills in parliament for amendment - seemingly… Read more »
March 30, 2023
Namibia: Bank of Namibia Gives Treasury More Millions
THE Bank of Namibia has declared a flat N$413,7 million dividend to the state for the 2022 financial year. Read more »
March 14, 2023
Namibia: Bank Windhoek Launches Sustainability Loan Drive
Climate change would only be harmful if interventions to increase resilience are not practised worldwide, said Bank Windhoek's chief treasurer, Claire Hobbs. Read more »
February 09, 2023
Namibia: Bank Windhoek Executive Calls for Dedication
MENTORS and mentees should strive to do their best and be dedicated in everything they do. Read more »
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