Bank of Namibia

SUPPORT ECONOMIC GROWTH AND DEVELOPMENT•PROMOTE PRICE STABILITY•EFFICIENT PAYMENT SYSTEMS•EFFECTIVE BANKING SUPERVISION•RESERVE MANAGEMENT•ECONOMIC RESEARCH

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

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: [email protected]
⏰ Deadline: Thursday, 18 June 2026 at 12:00.

#BankofNamibia #Tender

[Bank of Namibia @BankofNamibia]

#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://t.co/eVXHVeXMSK.

Due date: 16 June 2026

[Bank of Namibia @BankofNamibia]

#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://t.co/eVXHVeXMSK.

Due date: 16 June 2026

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

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

[Bank of Namibia @BankofNamibia]

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://t.co/8Pz0N3dvtl.

[Bank of Namibia @BankofNamibia]

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.”

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

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.

[Bank of Namibia @BankofNamibia]

Meet Mr Mbo Mena Luvindao, who will present on the “Status of the Housing Market, Segmentation and Pricing Dynamics” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia.

As Chief Executive Officer (Retail) of @FNBNamibia, Mbo brings a practical financial-sector perspective to one of the most important dimensions of housing: affordability. His experience in retail banking, credit, customer access, SME finance and financial product delivery gives him a clear view of how households experience the housing market in real terms.

His contribution will help unpack the link between market structure, pricing, access to finance and the ability of Namibians to move from housing aspiration to ownership.

📅 Thursday, 21 May 2026
🕣 08h30
📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

[Bank of Namibia @BankofNamibia]

Meet Ms Abigail Nainda, who will present on “Structural Development in the Housing Sector Since the Symposium on Housing in 2011” at the upcoming Housing Research Seminar, the second in a series hosted by the Bank of Namibia.

Abigail has extensive experience in macroeconomic policy analysis, balance of payments and central banking. She will help set the tone by reflecting on how Namibia’s housing sector has evolved over time and try to respond to what has changed, what has improved and where the persistent gaps remain.

As both presenter and moderator, she brings a strong policy lens to the discussion, helping connect housing outcomes to broader economic realities, national development priorities and the practical reforms needed to unlock progress.

📅 Thursday, 21 May 2026
🕣 08h30
📍 Watch it live on the Bank of Namibia Facebook, YouTube and X.

[Bank of Namibia @BankofNamibia]

The Bank of Namibia and Namibia Financial Supervisory Authority (NAMFISA) recently launched April Financial Stability Report.

In the video below, Mr Abel Sindano, General Manager: Research, Policy and Statistics at NAMFISA and Mr Kaune Jaungura, Principal Economist: Financial Stability and Stress Testing at the Bank highlight that the report identifies vulnerabilities related to global uncertainty mainly tighter financial conditions, cyber threats and rising sovereign financial nexus. Despite this, the financial system remain stable and sound.

In case you missed it, rewatch the launch here: https://t.co/DN3BXIOHbi

Access the full report here: https://t.co/D8ZYLWmtne

[Bank of Namibia @BankofNamibia]

The Bank of Namibia today hosted its annual dialogue with the diplomatic community and development partners under the theme, “Navigating a Changing Global Economy: Aligning the Central Bank for the New Economy.” The dialogue unpacked global economic developments, Namibia’s macroeconomic outlook, emerging risks, and the strategic opportunities shaping the country’s economic future.

Delivering the keynote address and during the QnA/dialogue, Governor Ebson Uanguta highlighted that the global economy is undergoing structural shifts characterised by growing geopolitical tensions, fast technological transformation, climate and nature-related risks, supply-chain disruptions, and uncertainty in global financial markets. He noted that these developments require countries and institutions alike to become more adaptive, resilient and forward-looking.

Governor Uanguta further stated that while Namibia remains exposed to external shocks as a small and open economy, the country continues to strategically to navigate global uncertainty while unlocking new growth avenues. He stressed that central banks globally are increasingly required to go beyond traditional mandates and strengthen their capabilities in areas such as digital finance, cyber resilience, financial innovation and institutional agility.

[Bank of Namibia @BankofNamibia]

The Governor of the Bank of Namibia, Mr. Uanguta Ebson, last week concluded a series of strategic regional engagements with peer African central banks through a working visit to the Central Bank of Kenya in Nairobi, where they were received by Governor Kamau Thugge.

The engagement built on discussions initiated during the 2025 Alliance for Financial Inclusion (AFI) Global Policy Forum (GPF) hosted by the Bank of Namibia, as well as a benchmarking visit undertaken by the Central Bank of Kenya to the Bank of Namibia in late 2025, which culminated in the signing of a Memorandum of Understanding (MoU) between the two institutions. The MoU aimed at strengthening cooperation in areas including banking supervision, digital transformation, financial stability, research, innovation and capacity development.

Governor Thugge welcomed closer cooperation between the two institutions and highlighted several areas of mutual learning, including fast payment systems, monetary operations, virtual asset regulation, reserve diversification strategies involving gold acquisiton, retail bonds, capital market infrastructure and joint research initiatives.

The regional visits formed part of the Bank of Namibia’s broader efforts to deepen technical cooperation, strengthen institutional learning, and enhance collaboration with peer central banks as Namibia positions itself for the evolving realities of the new economy.

#StakeholderEngagement

[Bank of Namibia @BankofNamibia]

Governor Ebson Uanguta this week led a technical delegation from the Bank of Namibia on a strategic benchmarking visit to the Bank of Uganda, where the delegation was received by Governor Michael Atingi-Ego and Deputy Governor Augustus Nuwagaba. The engagement formed part of ongoing efforts to deepen cooperation between African central banks and strengthen institutional preparedness for the changing realities linked to oil and gas development, financial stability, reserve management, sustainability and economic transformation.

The visit served to learn from Uganda’s experience as Namibia prepares for commercial oil production, with particular attention to monetary policy, inflation targeting, exchange rate management, sovereign wealth frameworks, petroleum revenue governance, reserve diversification through domestic gold purchases, ESG integration, financial sector resilience and cybersecurity readiness within the payments ecosystem. The delegation also engaged the Petroleum Authority of Uganda on the country’s oil and gas governance architecture.

Governor Uanguta noted that the Bank of Namibia is deliberately repositioning itself for the future by investing in capacity building, institutional learning, and strengthening the Bank as a knowledge institution, particularly as Namibia emerges as a new hydrocarbon frontier while advancing its broader ambitions in green industrialisation and renewable energy.

The visit reinforced cooperation under the existing Memorandum of Understanding, with both central banks supporting deeper technical exchanges, staff secondments, and peer learning in oil and gas, research, financial stability, and macroeconomic management.

[Bank of Namibia @BankofNamibia]

Governor Uanguta Ebson and a technical delegation from the Bank of Namibia have concluded a strategic working visit to the National Bank of Rwanda (NBR) in Kigali, where they were warmly received by Governor Soraya M. Hakuziyaremye and Deputy Governor Nick Barigye.

The visit marked a historic milestone as the two central banks formalised their cooperation through the signing of a Memorandum of Understanding aimed at strengthening collaboration in economic research, financial inclusion, digital transformation, digital payments, sustainable finance, innovation and capacity development.

The engagement builds on bilateral discussions initiated during the 2025 Alliance for Financial Inclusion (AFI) Global Policy Forum, hosted in Namibia and reflects a shared commitment to deeper Pan-African cooperation, institutional learning and stronger regional financial systems. During the visit, the Namibian delegation also engaged with Rwanda’s national e-payment switch to exchange insights on payment modernisation and digital financial infrastructure. Governor Uanguta and the delegation further visited the Kigali Genocide Memorial, accompanied by Governor Hakuziyaremye, where they reflected on remembrance, resilience, reconciliation and nation-building.

Speaking during the signing ceremony, Governor Uanguta noted that the MoU represents “not a symbolic agreement, but a practical framework for implementation”, aimed at translating the partnership into meaningful technical exchanges, staff collaboration and tangible institutional outcomes.

The Bank of Namibia extends its sincere appreciation to the National Bank of Rwanda for the warm hospitality and spirit of partnership extended throughout the visit.