Also known as: BoN · The Bank of Namibia
Bank of Namibia — central banking authority that reports on housing prices, payment fraud data, and monetary policy, including repo rate decisions.
News reports
Order a long-term news report on Bank of Namibia
Every mention in the Namibian press over the period you choose, compiled as a PDF or Word document.
Key points drawn from coverage. Tap a point to see the original sentence.
New Era
Bank of Namibia had projected livestock farming to expand by 2.2% in 2026 and accelerate to 4.6% in 2027
“Before the outbreak, the Bank of Namibia had projected livestock farming to expand by 2.2% in 2026 and accelerate to 4.6% in 2027, signaling a gradual recovery in one of Namibia's most economically and socially important industries.”
FMD outbreak threatens rural jobs, export earnings… EAN calls for financial relief and urgent trade negotiationsNew Era
Bank of Namibia manages N$90 million endowment fund for the NYDF
“Of this amount, N$129 million was earmarked for project financing, N$90 million for an endowment fund managed by the Bank of Namibia and N$39 million for training, coaching and mentoring.”
N$91m to Youth Fund beneficiariesWindhoek Observer
Bank of Namibia revised its 2026 mining forecast to 6.2% contraction, compared to negative 2.2% previously
“The Bank of Namibia has revised its 2026 mining forecast to a 6.2% contraction, compared to negative 2.2% in the previous outlook, which is aligned to the declining output recorded so far this year.”
Mining output records a modest declineThe Namibian
Bank of Namibia identified vishing and phishing schemes as main contributing factor to payment fraud
“According to the Bank of Namibia, the main contributing factor was "vishing and phishing schemes, in which fraudsters impersonate legitimate institutions to deceive individuals into disclosing sensitive information such as usernames and passwords".”
Stop, Verify and Think Before You InvestWindhoek Observer
Bank of Namibia kept repo rate at 6.75% ahead of 28 October monetary policy announcement
“while the Bank of Namibia's repo rate remained at 6.75% ahead of its next monetary policy announcement scheduled for 28 October.”
Vehicle sales reach N$1 billion as market remains below 2015 peakThe Namibian
Bank of Namibia identifies price stability and one-to-one parity with South African rand as central to monetary policy framework
“The Bank of Namibia identifies price stability and sustaining the one-to-one parity with the South African rand as central to its monetary policy framework.”
When Graduates Leave University, They Enter the World of EconomicsWindhoek Observer
Bank of Namibia recently described affordability as the core challenge facing the housing sector
“The Bank of Namibia recently described affordability as the core challenge facing the housing sector.”
Pricing young people out of the housing marketWindhoek Observer
Bank of Namibia projects Namibia's real GDP growth to reach 2.1% in 2026 and 2.8% in 2027
“The Bank of Namibia projects Namibia's real GDP growth rate to reach 2.1% in 2026 and 2.8% in 2027, according to its August 2026 Economic Outlook update.”
IMF projects economic growth to reach 2.7% by 2027Windhoek Observer
Bank of Namibia identified as main contributing factor to fraud vishing and phishing schemes impersonating legitimate institutions
“According to the Bank of Namibia, the main contributing factor was "vishing and phishing schemes, in which fraudsters impersonate legitimate institutions to deceive individuals into disclosing sensitive information such as usernames and passwords".”
Investor awareness: Verify before you investWindhoek Observer
Bank of Namibia is expected to raise its repo rate from 6.75% to 7% at 28 October meeting
“the Bank of Namibia is expected to raise its repo rate from 6.75% to 7% at its Monetary Policy Committee meeting scheduled for 28 October.”
Banks’ profit growth driven by lower bad-debt provisionsNamibia's foot-and-mouth disease outbreak, detected in the //Kharas region, threatens to disrupt the livestock sector's economic recovery and cause prolonged financial damage to farmers and businesses. The Economic Association of Namibia is calling for government intervention, including trade negotiations with international partners and financial relief for affected producers.
3 hours ago · New Era →
Namibia's foot-and-mouth disease outbreak, detected in the //Kharas region, threatens to disrupt the livestock sector's economic recovery and cause prolonged financial damage to farmers and businesses. The Economic Association of Namibia is calling for government intervention, including trade negotiations with international partners and financial relief for affected producers.
3 hours ago · New Era →
The National Youth Development Fund has disbursed approximately N$90.8 million to beneficiaries supporting youth entrepreneurship, with approved projects expected to create about 2,500 employment opportunities. The fund received approximately 13,809 applications by August, with N$135 million in financing approved across participating development finance institutions.
3 hours ago · New Era →
Namibia's Mining Production Composite Index fell 4% month on month in August, driven by a 12% drop in diamond production, while uranium, zinc, and gold rose. Mineral prices were mixed in September, with inflation and rising interest rates tempering gains and fuelling operating costs for the sector.
7 hours ago · Windhoek Observer →
Payment fraud cost Namibians N$73.9 million in 2025, a N$19 million increase from 2024, with vishing and phishing schemes impersonating legitimate institutions as the main contributing factor. As the financial sector aims to bring more first-time investors into the market, consumer protection and financial literacy are highlighted as essential safeguards against fraud.
20 October 2026 · The Namibian →
September vehicle sales were worth approximately N$1 billion, but the market remains about 25% below 2015 levels. Rising fuel prices and anticipated interest rate increases are expected to pressure vehicle demand.
19 October 2026 · Windhoek Observer →
An MBA student argues that economic literacy—including concepts like inflation, supply and demand, and interest rates—should be part of basic university education for all graduates, not confined to business programmes, because these principles directly affect daily life and professional decisions.
18 October 2026 · The Namibian →
Namibia faces a housing paradox: hundreds of thousands of homes are needed, but formal market prices have soared beyond the reach of ordinary workers. The Bank of Namibia reports the weighted average house price at approximately N$1.44 million in the first quarter of 2026, while about 75% of workers earn less than N$5,000 a month.
17 October 2026 · Windhoek Observer →
The International Monetary Fund forecasts Namibia's real GDP growth will increase from 1.7% in 2025 to 2.0% in 2026 and 2.7% in 2027, showing gradual improvement but remaining below the sub-Saharan African regional average of 4.5% annually.
16 October 2026 · Windhoek Observer →
Payment fraud in Namibia rose N$19 million year-on-year to N$73.9 million in 2025, with vishing and phishing schemes impersonating legitimate institutions as the main driver. The Bank of Namibia and Namfisa are prioritizing consumer protection and financial literacy as the financial sector expands access to investors.
16 October 2026 · Windhoek Observer →
Namibia's major listed banks recorded divergent performances in the first half of 2026. FirstRand Namibia's profit after tax grew 9.3% to N$1.078 billion, driven by lower bad-debt provisions following loan-book clean-up and N$683 million in write-offs, while SBN Holdings boosted pre-provision profit 5.1% through 17.4% loan growth partly supported by a N$2 billion Ministry of Finance facility.
15 October 2026 · Windhoek Observer →
Building plan approvals in Windhoek and Swakopmund rose 57.5% in value in September, but excluding one N$200 million commercial project, Windhoek's approvals fell 13.2% year-on-year, indicating the increase was driven by larger projects rather than broader growth. The report notes construction activity is constrained by approval delays, with a median time of 63 days, and completions in Windhoek have declined 41% year-to-date.
14 October 2026 · Windhoek Observer →
The Namibian government will borrow an additional N$7.1 billion from the domestic financial market instead of foreign sources, increasing domestic borrowing for the 2026/27 financial year from N$20.2 billion to N$27.3 billion while reducing foreign financing from N$9 billion to N$1.9 billion. The shift does not change the government's overall financing requirement of N$29.2 billion.
13 October 2026 · The Namibian →
Core inflation reached 4% in September 2026, its fifth consecutive monthly rise, as expensive fuel spilled into broader goods and services including air transportation, medical products, and furniture. Headline inflation climbed to 5.4%, with transport accounting for 42% of the increase following domestic fuel price and levy adjustments on 2 September and elevated international energy costs.
12 October 2026 · Windhoek Observer →
Namibia's headline annual inflation for September stood at 5.4%, with core inflation at 4%. Zone 1 (northern regions) recorded the lowest annual inflation at 4.3%, while Khomas Region recorded the highest at 6.2%.
9 October 2026 · Windhoek Observer →
Namibian financial services group Capricorn is taking an 81.6% stake in South African specialist asset financier Centrafin, valued at R788.3 million in enterprise value, as part of its strategy to diversify revenue beyond Namibia and Botswana and expand into the South African market.
8 October 2026 · The Namibian →
Capricorn Group Limited has made a binding offer to acquire an 81.6% initial stake in Centrafin, a South African specialist equipment rental and asset financing business, for an enterprise value of R788.3 million, with an option to acquire the remaining 100% over five years.
8 October 2026 · Windhoek Observer →
Namibia's commercial banks' liquidity surged more than 50% to N$9.8 billion in the second quarter of 2026, driven by diamond sales proceeds and government spending, but annual private-sector credit growth remains weak at 4.5%, with households and other borrowers receiving 55.1% of commercial bank credit while agriculture received just 3.0%.
7 October 2026 · The Namibian →
Despite a 34% rise in Brent crude oil prices during the third quarter, Namibian government bonds recorded smaller yield increases than South African equivalents, with the GC35 rising 27 basis points compared to South Africa's 54–63 basis points. Simonis Storm Research attributed the resilience to narrowing yield premiums and concentrated demand at Namibian auctions.
7 October 2026 · Windhoek Observer →
Namibia's economic growth outlook for 2026 has been revised down to 2.1% as rising inflation and higher interest rates pressured the economy, according to the Namibia Quarterly Economic Review compiled by the Institute for Public Policy Research. The downward revision follows weaker-than-expected growth of 1.7% in 2025, attributed to declining diamond and gold output.
7 October 2026 · Informanté →
Namibia registered 4,578 new businesses between April and June, a 27.2% increase year-on-year, driven largely by close corporations (up 29.9%), while the manufacturing sector continues to lose jobs and cut wages. The Bank of Namibia attributes the growth partly to government support for small businesses and factors including lower inflation and oil and gas exploration activity.
6 October 2026 · The Namibian →
The Namibian Stock Exchange's main board market capitalisation reached N$3 trillion in the second quarter of 2026, rising 7.4% quarter-on-quarter and 28.9% year-on-year, according to Namfisa data. Local market capitalisation increased to N$57.3 billion, though trading activity in locally listed equities declined quarterly.
6 October 2026 · Windhoek Observer →
Namibia recorded a N$4.8 billion net outflow on services in the second quarter of 2026, up 51.1% year-on-year, driven partly by spending on foreign technical, consulting and specialised services for offshore oil and gas exploration and appraisal drilling.
5 October 2026 · The Namibian →
Economic research firm Simonis Storm expects the Bank of Namibia to raise its repo rate by 25 basis points to 7% in October to protect the Namibian Dollar's peg to the South African Rand and respond to inflation at 5% in August. The firm also raised its forecast for private sector credit extension growth in Q4 2026 to 4.5%-5.5%, citing higher interest rates and declining real incomes as likely to slow credit growth.
5 October 2026 · Windhoek Observer →
The Namibian government and French company TotalEnergies remain in talks over the country's first major offshore oil project following the 2022 Venus discovery, with reported disagreements over licence period, international arbitration, taxation, the new petroleum law, and a stabilisation clause that would limit future legislative changes.
4 October 2026 · The Namibian →
Real GDP expanded 4.8% year-on-year in the second quarter, driven by services growth of 6.1%, agriculture of 17.8%, and wholesale and retail trade of 9%, while mining contracted 3.1% with uranium down 12.0%. Headline inflation rose to 5.0% in August from 4.4% in July, with transport inflation reaching 13.2%, while the South African Reserve Bank raised its policy rate by 25 basis points.
3 October 2026 · Informanté →
The United States became Namibia's second-largest source of imports in the second quarter of 2026, with its import share rising to 11.5% from 2.7%, driven largely by mineral fuels amid Middle East conflict disruptions to traditional fuel supply routes. GCC countries' share of Namibia's mineral fuel imports fell to less than 30% from an estimated 40% to 45%.
3 October 2026 · The Namibian →
The Bank of Namibia has granted Access Bank Namibia Limited a banking licence, effective from 2 October, authorising the Nigerian-owned bank to conduct banking business and provide services to the public in Namibia.
2 October 2026 · The Namibian →
The Bank of Namibia has granted Access Bank Namibia Limited authorization to conduct banking business in the country, effective 2 October 2026, including accepting public deposits and providing banking services.
2 October 2026 · Windhoek Observer →
Namibia's international reserves increased by 0.7% to N$58.5 billion at the end of August, driven by net commercial bank transfers, strong Customer Foreign Currency placements, and positive asset swap valuations, with the position providing an estimated 3.6 months of import cover.
2 October 2026 · Windhoek Observer →
TotalEnergies chief executive Patrick Pouyanné said the company could make a final decision in October on whether to invest N$279 billion in Namibia's Venus oil field, discovered offshore in 2022. The project is expected to produce 160,000 barrels per day once fully operational.
30 September 2026 · The Namibian →