Bank of Namibia

Bank of Namibia Join our WhatsApp channel and stay up to date with the Bank’s information: https://bit.ly/3XXrLMT

Functions of BoN

The objective of the central bank of Namibia, according the Namibian Constitution, is to “serve as the State’s principle instrument to control
the money supply, the currency and the institutions of finance, and to
perform all other functions ordinarily performed by a central bank”. The Bank of Namibia Act No. 15 of 1997 further elaborates on this by
laying down the following o

bjectives:

-To promote and maintain a sound monetary, credit and financial system,
in Namibia and sustain the liquidity, solvency and functioning of that system.
-To promote and maintain internal and external monetary stability and efficient
payment mechanism;
-To foster monetary, credit and financial conditions conducive to the orderly,
balanced and sustained economic development of Namibia;
-To serve as the Governments’ banker, financial advisor and fiscal agent; and
-To assist in the attainment of national economic goals.

10/06/2026

Internal Audit Awareness Day

The future of moving money is getting closer.Affordable .Connected.For everyone.Stay tuned.
09/06/2026

The future of moving money is getting closer.

Affordable .
Connected.
For everyone.

Stay tuned.

How can internal audit help public institutions make better decisions, strengthen accountability and deliver greater imp...
09/06/2026

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

Today, the Bank of Namibia led by the Deputy Governor Mr Nicholas Mukasa met with a team from the Government Institution...
08/06/2026

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.

Last week, the Bank of Namibia, led by the Governor, Mr Ebson Uanguta welcomed the Executive Management team of Bank Win...
08/06/2026

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.

08/06/2026

Something connected is coming.

A new symbol.
A new movement.
A new way for money to move.

Stay tuned.

We are excited to announce the return of the Bank of Namibia National High School Competition! This flagship initiative ...
08/06/2026

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

The Governor of the Bank of Namibia Mr. Ebson Uanguta, accompanied by Deputy Governors Ms. Leonie Dunn and Mr. Nicholas ...
03/06/2026

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 ex*****on 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.

Request for Proposal | The Bank of Namibia invites qualified service providers to submit bids for:1. Provision of SAP E...
03/06/2026

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.

| The Bank of Namibia seeks the service of a suitably qualified, experienced and competent person to join its workforc...
03/06/2026

| 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

Address

Robert Mugabe Avenue
Windhoek
9000

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+264612835111

Website

Alerts

Be the first to know and let us send you an email when Bank of Namibia posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Bank of Namibia:

Shortcuts

Share