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This week, the Bank of Namibia and Banco de Moçambique signed a Memorandum of Understanding (MoU), to reaffirm their longstanding relationship and commitment to advancing central banking excellence in the southern African region. The signing took place on the margins of the Committee of Central Bank Governors (CCBG) Meetings, hosted by the Bank of Tanzania in Dar es Salaam, Tanzania. The MoU provides a framework for the two central banks to enhance collaboration in areas of mutual interest. These areas include digital transformation and innovation, payment systems modernisation, fintech, financial stability, monetary policy and macroprudential oversight, climate risk, governance, capacity building and currency museums. The signing builds on a bilateral discussion held in September 2025 during the Alliance for Financial Inclusion (@NewsAFI) Global Policy Forum (GPF) in Swakopmund, Namibia, where discussions between the two central banks highlighted a shared commitment to knowledge exchange, capacity development and institutional excellence. During the signing ceremony, the Governor of the Bank of Namibia, Mr Ebson Uanguta, noted that Africa's most enduring progress is achieved through cooperation and mutual learning. He emphasised that strong institutions are built not only through expertise and innovation, but also through a willingness to learn from one another. He further highlighted that while the Bank of Namibia's Currency Museum Project provided the initial motive for the engagement between the two institutions, the MoU creates broader opportunities for collaboration across a wide spectrum of central banking functions. The two institutions will strengthen their capabilities through staff exchanges, secondments, joint research projects and other forms of technical cooperation and assistance with the aim to effectively respond to the changing financial and economic landscape. This partnership is underpinned by a shared vision of building resilient, innovative and future-ready central banks that contribute to the sustainable economic development and financial stability of the region and the broader African continent.

Published: June 12, 2026 13:46

This week, the Bank of Namibia and Banco de Moçambique signed a Memorandum of Understanding (MoU), to reaffirm their longstanding relationship and commitment to advancing central banking excellence in the southern African region. The signing took place on…

Expression of Interest | The Bank of Namibia invites qualified service providers to submit an expression of interest for: Conducting a Diagnostic Study on the State of Climate Data in Namibia 📧 Submit to: Sonia.Namadiko@bon.com.na ⏰ Deadline: Thursday, 26 June 2026 at 12:00. Download the Terms of Reference (ToR) here: https://bit.ly/4eh8wWv #BankofNamibia #ExpressionofInterest

Published: June 12, 2026 12:27

Expression of Interest | The Bank of Namibia invites qualified service providers to submit an expression of interest for: Conducting a Diagnostic Study on the State of Climate Data in Namibia 📧 Submit to: Sonia.Namadiko@bon.com.na ⏰ Deadline: Thursday,…

This week, the Bank of Namibia was awarded the Artificial Intelligence Initiative Award at the 2026 Central Banking Awards in London, recognising the Bank's pioneering use of artificial intelligence and machine learning to strengthen policymaking, financial sector oversight and operational efficiency. The prestigious event, organised by Central Banking Publications, celebrates exceptional achievements within the central banking community. The award acknowledges innovative solutions developed by the Bank, including a non-performing loans predictive model that provides early warning signals on banking sector risks, an inflation nowcasting system that delivers near real-time inflation estimates to support monetary policy decisions, and a Regulatory Navigation Tool that enhances access to regulatory information. The award was received on behalf of the Bank by Ms Valeria Mbango, Director: Strategy, Projects & Transformation, and Ms Olivia Haenert, Deputy Director: Digital Transformation & Innovation. Beyond its internal transformation efforts, the Bank continues to invest in Namibia's digital future through initiatives such as the Artificial Intelligence and Robotics Accelerator Laboratory, established in partnership with the Namibia University of Science and Technology (NUST), which is helping to develop the next generation of Namibian AI and robotics talent. As part of the programme, Ms Mbango also joined central banking leaders from across the world for a panel discussion on "AI for Central Banks: Unlocking Insight, Preserving Judgement, and Informing Policy", where participants explored how artificial intelligence is reshaping research, forecasting, supervision, payments oversight and market surveillance, while emphasising the importance of robust governance, human oversight and responsible AI adoption. This recognition reflects the Bank's commitment to embracing innovation, strengthening institutional effectiveness, and leveraging technology to support a resilient, inclusive and future-ready financial system for Namibia.

Published: June 12, 2026 10:08

This week, the Bank of Namibia was awarded the Artificial Intelligence Initiative Award at the 2026 Central Banking Awards in London, recognising the Bank's pioneering use of artificial intelligence and machine learning to strengthen policymaking,…

The Bank of Namibia hosted its Annual Internal Audit Awareness Day under the theme, “The Role of Internal Audit in Enhancing Public Sector Governance.” The event convened internal auditors, policymakers and representatives from public entities to engage in discussions aimed at strengthening strategic governance and advancing the role of internal audit in the public sector. Deputy Governor Nicholas Mukasa emphasised the importance of reimagining the future of internal audit by focusing on the systemic challenges reshaping the profession, the strategic role and positioning of internal audit within governance structures, the profession’s evolving trajectory over the next decade and the practical steps required to future-proof internal audit functions in an increasingly complex environment. Participants also gained valuable insights from the Office of the Auditor-General on key issues emerging from external audits of public entities, including audit outcomes, the Zero Fault Audit Directive, and the proposed Internal Auditors Bill 2026, which seeks to strengthen the legislative framework governing the profession. The Internal Audit Awareness Day concluded with discussions centered on accountability, capacity building and the development of more effective public institutions. Participants reaffirmed the shared responsibility of establishing enabling policies and frameworks that allow internal audit functions to operate effectively, independently, and with objective assurance. The Bank of Namibia was also privileged to welcome the Chief Executive Officer of the Municipality of Swakopmund, Mr Alfeus Benjamin.

Published: June 11, 2026 13:37

The Bank of Namibia hosted its Annual Internal Audit Awareness Day under the theme, “The Role of Internal Audit in Enhancing Public Sector Governance.” The event convened internal auditors, policymakers and representatives from public entities to engage in…

The Bank of Namibia recently welcomed a delegation from FirstRand Group, led by FirstRand Namibia CEO Mr Conrad Dempsey and supported by broader Africa executives Mr Andries du Toit and Mr Bydon Longwe, alongside senior representatives from FirstRand Namibia, for a courtesy visit with Governor Ebson Uanguta. The engagement provided an opportunity for FirstRand Group to gain deeper appreciation into the Bank of Namibia’s strategic priorities and expectations for the banking sector, while reaffirming the Group’s commitment to supporting Namibia’s economic and social development. The discussions highlighted the importance of a strong and collaborative relationship between regulators and financial institutions, underpinned by a shared objective of building a robust, inclusive and sustainable financial sector. Governor Uanguta welcomed the delegation and emphasised the importance of strengthening collaboration between the public and private sectors to advance Namibia’s developmental agenda. He highlighted the Bank’s focus on strengthening economic research and expanding access to quality data to support evidence-based policymaking, while encouraging the banking sector to contribute to building a stronger research-to-policy pipeline. The discussions also explored Namibia’s emerging opportunities, including the oil and gas sector, and the importance of ensuring that growth is balanced and inclusive. Governor Uanguta underscored the need to continue supporting key sectors such as agriculture, manufacturing and other productive industries that are vital to economic diversification and long-term resilience. He further stressed the importance of ensuring that future resource revenues contribute to support sustainable development and intergenerational prosperity. The FirstRand delegation reaffirmed its alignment with the Bank’s vision, highlighting its commitment to shared prosperity, meaningful local participation and ensuring that financial services remain accessible and relevant across all segments of society. The delegation was received by Governor Uanguta alongside Deputy Governor Nicholas Mukasa, as well as representatives from the Banking Supervision Department and the Strategic Communications and International Relations Department.

Published: June 11, 2026 09:42

The Bank of Namibia recently welcomed a delegation from FirstRand Group, led by FirstRand Namibia CEO Mr Conrad Dempsey and supported by broader Africa executives Mr Andries du Toit and Mr Bydon Longwe, alongside senior representatives from FirstRand…

How can internal audit help public institutions make better decisions, strengthen accountability and deliver greater impact? Join the Bank of Namibia for Internal Audit Awareness Day under the theme “The Role of Internal Audit in Enhancing Public Sector Governance” and follow a timely panel discussion on “Positioning Internal Audit for Impact: Governance Reform, Oversight, and Capacity Building in the Public Sector” The panel will bring together public finance, governance, institutional transformation and financial reporting experts, including Mr Oscar Capelao, Dr Heroldt Vekaama Murangi, Ms Lilian Mwangi and Mr Phillip Kucherera, moderated by Ms Karin Elago. Together, they will unpack how internal audit can support sound governance, operational efficiency, risk management and stronger public sector performance. Date: 10 June 2026 Time: 09:00 Watch live: Bank of Namibia Facebook, X and YouTube pages #InternalAudit

Published: June 9, 2026 12:57

How can internal audit help public institutions make better decisions, strengthen accountability and deliver greater impact? Join the Bank of Namibia for Internal Audit Awareness Day under the theme “The Role of Internal Audit in Enhancing Public Sector…

Today, the Bank of Namibia led by the Deputy Governor Mr Nicholas Mukasa met with a team from the Government Institutions Pension Fund (GIPF), led by the Chief Executive Officer, Mr Martin Inkumbi. The meeting focused on areas of strategic collaboration aimed at supporting Namibia’s economic development and the long-term financing of the real economy. Specifically, the meeting highlighted the importance of exploring key sectors to unlock growth and jobs while meeting pension fund return and risk mandates. Both institutions agreed on the need for coordinated action to support national development priorities, including through sector-specific research to guide investment decisions.

Published: June 8, 2026 14:23

Today, the Bank of Namibia led by the Deputy Governor Mr Nicholas Mukasa met with a team from the Government Institutions Pension Fund (GIPF), led by the Chief Executive Officer, Mr Martin Inkumbi. The meeting focused on areas of strategic collaboration…

Last week, the Bank of Namibia, led by the Governor, Mr Ebson Uanguta welcomed the Executive Management team of Bank Windhoek, led by Managing Director Mr James Chapman, for a courtesy visit. The engagement provided an opportunity for Bank Windhoek to share its strategic priorities, including sustainable growth, digital transformation, enhanced SME support, fraud prevention initiatives, and the responsible adoption of artificial intelligence to improve service delivery. Governor Uanguta welcomed the continued engagement between the two institutions and commended Bank Windhoek’s support for key national initiatives, including the rollout of instant payments and efforts to combat digital fraud. He further encouraged the banking sector to play an active role in supporting Namibia’s economic transformation by financing local participation in emerging industries such as oil and gas, while continuing to invest in the development of other productive sectors of the economy. The Bank Windhoek delegation was received by Governor Uanguta alongside Deputy Governors Ms Leonie Dunn and Mr Nicholas Mukasa, as well as senior representatives from the Governor’s Office, Banking Supervision Department, and Strategic Communications Department. The discussions reaffirmed a shared commitment to maintaining a stable, innovative and inclusive financial sector that supports sustainable economic growth and prosperity for all Namibians.

Published: June 8, 2026 14:06

Last week, the Bank of Namibia, led by the Governor, Mr Ebson Uanguta welcomed the Executive Management team of Bank Windhoek, led by Managing Director Mr James Chapman, for a courtesy visit. The engagement provided an opportunity for Bank Windhoek to…

We are excited to announce the return of the Bank of Namibia National High School Competition! This flagship initiative brings together high school learners from all 14 regions of Namibia, providing a platform to showcase their knowledge, strengthen critical thinking and leadership skills, and engage on the mandate of the Bank of Namibia and key national economic issues. Schools are invited to register and be part of this impactful initiative shaping Namibia’s future leaders and scholars. Register here: https://bit.ly/3UybSKR Closing date: 12 June 2026

Published: June 8, 2026 08:52

We are excited to announce the return of the Bank of Namibia National High School Competition! This flagship initiative brings together high school learners from all 14 regions of Namibia, providing a platform to showcase their knowledge, strengthen…

The Governor of the Bank of Namibia Mr. Ebson Uanguta, accompanied by Deputy Governors Ms. Leonie Dunn and Mr. Nicholas Mukasa, engaged the Parliamentary Standing Committee on Economy and Industry, Public Administration and Planning, chaired by Hon. Ipumbu Shiimi, as part of the Bank’s statutory obligations under Section 68 of the Bank of Namibia Act, 2020. The engagement provided an opportunity for the Bank to brief the Committee on its mandate, the execution of its key functions, economic developments, financial sector stability and key initiatives. Governor Uanguta reaffirmed the Bank’s commitment to maintaining price and financial stability while highlighting Namibia’s positive medium-term economic outlook despite ongoing global uncertainties. Discussions covered the domestic and global economic environment, financial sector resilience, developments in the oil and gas sector, the Bank’s Gold Acquisition, the Welwitschia Fund (Namibia’s Sovereign Wealth Fund established to help preserve and grow national wealth for current and future generations) and progress towards the launch of the Instant Payment Solution. The engagement reinforced the Bank’s commitment to transparency, accountability, and constructive engagement with Parliament to support a stable, resilient, and inclusive financial system that contributes to Namibia’s long-term economic growth and development.

Published: June 3, 2026 14:15

The Governor of the Bank of Namibia Mr. Ebson Uanguta, accompanied by Deputy Governors Ms. Leonie Dunn and Mr. Nicholas Mukasa, engaged the Parliamentary Standing Committee on Economy and Industry, Public Administration and Planning, chaired by Hon. Ipumbu…

Request for Proposal | The Bank of Namibia invites qualified service providers to submit bids for: 1. Provision of SAP ERP System Access Optimisation Consulting Services 2. Media Monitoring and Reporting Services 📧 Submit to: Delila.Matengu@bon.com.na ⏰ Deadline: Thursday, 18 June 2026 at 12:00. #BankofNamibia #Tender

Published: June 3, 2026 13:20

Request for Proposal | The Bank of Namibia invites qualified service providers to submit bids for: 1. Provision of SAP ERP System Access Optimisation Consulting Services 2. Media Monitoring and Reporting Services 📧 Submit to: Delila.Matengu@bon.com.na ⏰…

#Vacancy | The Bank of Namibia seeks the service of a suitably qualified, experienced and competent person to join its workforce in the position of: EFT Banking Officer, Currency Management and Banking Operations Department Apply here: https://bit.ly/3yLPx5j. Due date: 16 June 2026

Published: June 3, 2026 12:12

#Vacancy | The Bank of Namibia seeks the service of a suitably qualified, experienced and competent person to join its workforce in the position of: EFT Banking Officer, Currency Management and Banking Operations Department Apply here: bit.ly/3yLPx5j. …

#Vacancy | The Bank of Namibia seeks the service of a suitably qualified, experienced and competent person to join its workforce in the position of: EFT Banking Officer, Currency Management and Banking Operations Department Apply here: https://bit.ly/3yLPx5j. Due date: 16 June 2026

Published: June 3, 2026 12:11

#Vacancy | The Bank of Namibia seeks the service of a suitably qualified, experienced and competent person to join its workforce in the position of: EFT Banking Officer, Currency Management and Banking Operations Department Apply here: bit.ly/3yLPx5j. …

This week the Governor of the Bank of Namibia, Mr Ebson Uanguta attended the 29th annual research workshop on the Blue Economy in Zanzibar, Tanzania. The workshop hosted by Research on Poverty Alleviation (REPOA), was held under the theme “Transforming the Blue Economy economy for inclusive and sustainable Development in Tanzania”. REPOA is an independent research institution which creates and uses knowledge to facilitate socio-economic development workshops. This workshop responded to the urgent need for countries to leverage maritime and aquatic resources to boost: ✅ Trade & competitiveness ✅ Climate resilience ✅ Sustainable economic development Governor Uanguta delivered the the keynote address and served as a panelist for a discussion titled, “Financing the Blue Economy’s opportunities for growth” where he provided a Namibian lens and shared the country’s experience. The workshop also enjoyed the attendance of His Excellency Mr Gabriel Sinimbo, Namibia’s High Commissioner to the United Republic of Tanzania.

Published: May 29, 2026 06:18

This week the Governor of the Bank of Namibia, Mr Ebson Uanguta attended the 29th annual research workshop on the Blue Economy in Zanzibar, Tanzania. The workshop hosted by Research on Poverty Alleviation (REPOA), was held under the theme “Transforming the…

How can internal audit help public institutions make better decisions and deliver greater impact? Join the Bank of Namibia for Internal Audit Awareness Day under the theme: “The Role of Internal Audit in Enhancing Public Sector Governance.” The session will explore how internal audit supports accountability, strengthens decision-making and helps build more effective public institutions. Date: Wednesday, 10 June 2026 Time: 09:00 – 13:00 Watch live: Bank of Namibia Facebook, YouTube and X #InternalAudit

Published: May 26, 2026 10:27

How can internal audit help public institutions make better decisions and deliver greater impact? Join the Bank of Namibia for Internal Audit Awareness Day under the theme: “The Role of Internal Audit in Enhancing Public Sector Governance.” The session…

The Bank of Namibia yesterday hosted its second Seminar under the theme, “Housing in Namibia: Tracking Progress, Uncovering Gaps, and Identifying Scalable Solutions,” bringing together policymakers, financial institutions, housing practitioners, development partners, local authorities, and other stakeholders to deliberate on one of Namibia’s most pressing developmental and economic challenges. The seminar formed part of the Bank’s broader series aimed at strengthening evidence-based policy dialogue and collaboration on issues of national importance. The Governor of the Bank of Namibia, Mr. Ebson Uanguta, highlighted that housing is central to Namibia’s development agenda and must be recognised not only as strategic economic infrastructure that supports productivity, labour mobility, financial resilience, urban efficiency, and inclusive growth but also as a basic human right. The Governor noted that Namibia’s housing challenge has continued to intensify amid rapid urbanisation, population growth, limited serviced land, affordability constraints and rising construction costs. He noted that Namibia is now 53 percent urbanised, while the average house price in Windhoek has surpassed N$1.4 million, placing formal home ownership increasingly beyond the reach of many Namibians, particularly low- and middle-income households. He cautioned that if urbanisation continues to outpace infrastructure delivery, serviced land provision, and integrated spatial planning, Namibia risks expanding informal settlements, widening inequality, increasing pressure on public services, and growing social and economic vulnerability. Missed the livestream? Rewatch it here: https://bit.ly/3PSdMaX.

Published: May 22, 2026 13:28

The Bank of Namibia yesterday hosted its second Seminar under the theme, “Housing in Namibia: Tracking Progress, Uncovering Gaps, and Identifying Scalable Solutions,” bringing together policymakers, financial institutions, housing practitioners,…

Out Now! We sat down with Ms Irene Venter, Acting Director: National Payment System and Financial Surveillance Department, to unpack the National Payment System Vision 2030 and what it means for Namibia’s digital future. The conversation explores how the Vision aims to build a payment ecosystem that is more inclusive, trusted, secure, innovative and ready for the future. The episode follows the official launch of the NPS Vision and Strategy 2026–2030 by the Bank of Namibia, in collaboration with the Payments Association of Namibia and the broader payments industry, under the theme “Inclusive Payments, Shared Prosperity: Charting the Next Era.”

Published: May 22, 2026 05:18

Out Now! We sat down with Ms Irene Venter, Acting Director: National Payment System and Financial Surveillance Department, to unpack the National Payment System Vision 2030 and what it means for Namibia’s digital future. The conversation explores how…

Meet Ms. Helvi Fillipus, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As the Economic Advisor in the Office of the Governor at the Bank of Namibia, Helvi brings a strategic central banking perspective to the housing conversation. Her expertise in monetary policy, economic research, financial markets, public finance and capital markets will help situate housing within the broader economy. Her contribution seek to add depth to the discussion by exploring how economic conditions, policy choices, credit dynamics and market confidence influence housing access, affordability and long-term development outcomes. 📅 Thursday, 21 May 2026 🕣 08h30 📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

Published: May 20, 2026 13:06

Meet Ms. Helvi Fillipus, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As the Economic…

Meet Mr Thomas Shilongo, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Executive for Infrastructure Development at the National Housing Enterprise, Thomas brings a delivery-focused perspective to the seminar. His experience across housing, construction, infrastructure, finance and public-sector implementation places him at the centre of the practical questions that matter: how do we service land, finance projects, build at scale and turn housing policy into actual homes? His contribution will help ground the conversation in implementation, particularly the systems, partnerships and delivery models needed to move the needle on affordable housing in Namibia. 📅 Thursday, 21 May 2026 🕣 08h30 📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

Published: May 20, 2026 12:35

Meet Mr Thomas Shilongo, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Executive for…

Meet Ms Mandisa Van Wyk, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Market Research Manager at FirstRand Namibia, Mandisa brings a strong data-driven perspective to the housing conversation. Her work in economic and sectoral research gives her valuable insight into housing dynamics, affordability pressures, risks, opportunities and the structural factors shaping Namibia’s property market. Her voice will help translate market data into a practical understanding of what the trends show, what they mean for households and financiers and where better evidence can support more effective housing decisions. 📅 Thursday, 21 May 2026 🕣 08h30 📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

Published: May 20, 2026 12:02

Meet Ms Mandisa Van Wyk, one of the panellists in the discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Market Research…

Meet Mr Martin Jimmy Namupala, who will present key learnings from a study on “Housing Barriers and Enablers” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Deputy Project Leader of the GIZ Inclusive and Sustainable Urban Development Project, Martin brings expertise grounded in informal settlement upgrading, integrated urban development, land management, tenure systems and inclusive urban planning. His contribution will help bring the realities of communities, land, infrastructure and urban growth into sharp focus. As part of the panel discussion on “Addressing Housing and Land Constraints – What Will Move the Needle?”, he will add practical insight into the barriers that slow housing delivery and the enablers that can help Namibia scale more inclusive solutions. 📅 Thursday, 21 May 2026 🕣 08h30 📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

Published: May 20, 2026 11:21

Meet Mr Martin Jimmy Namupala, who will present key learnings from a study on “Housing Barriers and Enablers” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia. As Deputy Project Leader of the GIZ Inclusive and…