BoN launches modified N$20 banknote

The Bank of Namibia on Monday launched and activated the modified N$20 banknote at Opuwo. The modified N$20 note contains the signature of the current central bank governor, Johannes !Gawaxab. The N$20 and N$200 notes were last reprinted in 2018. !Gawaxab said this at the launch that was held in Opuwo to promote financial inclusion.  […]

Namibia tackles unemployment

The Namibian government is doing all it can to address unemployment, which has become a cause for concern. The Minister of Fisheries and Marine Resources, Derek Klazen, says people are forced to live below the standard of dignity enjoyed by those who are gainfully employed. Klazen made these remarks at the opening of the Men […]

Namibia welcomes Peace and Security Report

Namibia has welcomed and endorsed the Peace and Security Report, presented during the 36th ordinary session of the AU Assembly. The report of the AU Peace and Security Council further recommended the promotion of national ownership and leadership of the flagship project of silencing the guns within the context of Agenda 2063. This calls for […]

BoN and BNA prioritize trade facilitation

The Bank of Namibia (BoN) and Banco Nacional de Angola (BNA) have prioritized trade facilitation through payment system integration enabled by digital capabilities as a means of realizing the efficient movement of goods and services between the two countries. The two banks strengthened their bilateral relations through the signing of a memorandum of agreement. In a […]