Bank of Namibia governor Johannes !Gawaxab in his tribute to president Hage Geingob praised him for, among others, his dedication to the public service. …
Geingob signed appointment of new Bank of Namibia board on sick bedNamibia Minute.
Monday, 11 May 2026
Namibia’s news, on the hour · Est. 2026
Monday, 11 May 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Person
Johannes !Gawaxab
Also known as: former governor Johannes !Gawaxab · !Gawaxab
In coverage
Verbatim sentences from the source article.
- February 2024
- February 2023
THE Central Procurement Board of Namibia (CPBN) has come under scrutiny for its attempt to award a two-year N$458 million medical tender to Fabupharm, a company linked to Bank of Namibia (BoN) governor Johannes !Gawaxab. …
Board questioned for hand-picking Fabupharm in N$458m tender
Mining & Energy
Namibia struggles to convert oil wealth into local jobs and control
The News
Namibia's offshore oil is legally owned by investors with 90%, while the state receives revenue through taxes and royalties, limiting the country's control over development decisions and ability to secure local benefits. President Nandi-Ndaitwah has positioned the delayed petroleum amendment bill as critical to strengthening the state's bargaining position on local content, job creation, and value retention, though fundamental investor control over operations cannot be altered.
Why it matters
Namibia's struggle to capture local benefits from offshore oil wealth underscores the strategic importance of the pending petroleum amendment bill.
25 April 2026 · Namibian Sun →
Saturday 25 April
Namibia struggles to convert oil wealth into local jobs and control
Namibia's offshore oil is legally owned by investors with 90%, while the state receives revenue through taxes and royalties, limiting the country's control over development decisions and ability to secure local benefits. President Nandi-Ndaitwah has positioned the delayed petroleum amendment bill as critical to strengthening the state's bargaining position on local content, job creation, and value retention, though fundamental investor control over operations cannot be altered.
25 April 2026 · Namibian Sun →
Thursday 9 April
Bank of Namibia to refine and store Navachab gold abroad
The Bank of Namibia has agreed to purchase gold from Navachab Gold Mine for its reserves, but will send the unrefined gold abroad to be refined to international standards and is considering storage at the Bank of England in London. The central bank will buy gold through planned transactions over several months at prevailing market prices, aiming for a single-digit allocation to its foreign reserves.
9 April 2026 · The Namibian →
Saturday 4 April
Bank of Namibia reports record N$892 million loss in 2025
The Bank of Namibia declared a record annual loss of N$892 million for 2025, primarily due to unrealised foreign exchange losses from Eurobond redemption and currency fluctuations, though operating profit of N$569 million allowed a N$200 million dividend to government.
4 April 2026 · The Namibian →