2017 Media Releases

2013 Media Releases

Media Release Release Date
Ecobank Namibia SMS scam 24 December 2013
Monetary Policy Statement 12 Dec 2013 12 December 2013
11-12-2013 Provisional liquidation of three entities 11 December 2013
BoN donates N$2.5 million 19 November 2013
08-11-2013 SA introduced a new security feature on Mandela banknotes 8 November 2013
30-10-2013 Warning: Sim Swop Syndicate 30 October 2013
Bank of Namibia bid farewell to its Assistant Governor 4 October 2013
Domestic & International Economic and Financial Developments during 2nd Quarter (April - June 2013) 30 September 2013
Financial Stability Report - September 2013 24 September 2013
Financial Stability Report Media Statement - September 2013 24 September 2013
16-09-2013 National High School Competition 16 September 2013
LAUNCH OF ESAAMLG G8 SUB-SAHARAN AFRICA ANTI-MONEY LAUNDERING AND COMBATTING THE FINANCING OF TERRORISM PUBLIC PRIVATE SECTOR DIALOGUE 5 September 2013
Implementation of standards for cash deposit fees in Namibia commenced 1 August 2013
BoN approved the application for a banking license to e-Bank limited provisionally 31 July 2013
04-07-2013 Media Release - Illegal Scam 4 July 2013
28-06-2013 Statement of the Quarterly Bullitin - June 2013.pdf 28 June 2013
June 2013 Quarterly Bulletin 28 June 2013
Feedback on the improved N$10 and N$20 Namibia Bank Notes 3 June 2013
15-05-2013 Bank of Namibia and NAFINU reached agreement in respect of 2013 salary negotiations 15 May 2013
Media Release - Status on salary negotiations at the BoN 14 May 2013
06-05-2013 Media Release - Alleged looming strike at BoN 6 May 2013
18-04-2013 Financial Stability Report 18 April 2013
18-4-2013 Financial Stability Report media statement 18 April 2013
28-03-2013 Statement of the 2012 Annual Report 28 March 2013
04-03-2013 Introduction of standards for cash deposit fees in Namibia 4 March 2013
28-02-2013 Launch of the Code of banking practice and Guidelines for lodging customer complaints 28 February 2013
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2012 Media Releases

Media Release Release Date
18-12-2012 Statement of Quarterly Bulletin 18 December 2012
18-12-2012 Quarterly Bulletin - December 2012 18 December 2012
12-12-2012 Monetary Policy Statement 12 December 2012
6-12-2012 Economic Outlook Media Release 6 December 2012
30-11-2012 BoN approved application for Banking License for SME Bank Ltd 3 December 2012
20-11-2012 Public Announcement: Final outcome of the investigation on pyramid schemes 20 November 2012
15-11-2012 JSE Bond Press Statement by the Hon.Minister of Finance 15 November 2012
29-10-2012 Joint media statement: SARB & BoN awareness campaign for new ZAR 29 October 2012
03-10-2012 Penta Stream & Gold Prime Time’s activities in Namibia 3 October 2012
02-10-2012 Statement of the Quarterly Bulletin – September 2012 2 October 2012
25-09-2012 Joint Public Notice by the BoN & Namfisa on the business activities of U-Care 26 September 2012
BoN 2012 National High School competition 6 September 2012
26-06-2012 Observed Cracking of Diamond shape feature on some of the new bank notes 26 June 2012
15-06-2012 Intro. of standards for a basic bank account by all Banking institutions 15 June 2012
07-06-2012 BoN approved potential acquisition of a shareholding in Bank WHK 7 June 2012
26-04-2012 Announcement: New banknotes to be issued on 15 May 2012 26 April 2012
18-05-2012 Announcement: BoN warns public against counterfeiting banknotes 18 April 2012
29-03-2012 Statement on the Annual Report - 2011 29 March 2012
21-03-2012 Launch of the New family of Banknotes in Namibia 21 March 2012
13-02-2012 BoN warns aganist suspected illegal scams 13 February 2012
02-02-2012 Bank of Namibia awards bursaries to undergraduate students 2 February 2012
23-01-2012 BoN warns public against N$100 counterfeit banknotes 23 January 2012
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2009 Media Releases

Media Release Release Date
10-11-2009 Bank of Namibia introduces cheque capping 10 November 2009
09-11-2009 BoN introduces Cheque Capping 9 November 2009
18-12-2009 Statement on the Quarterly Bulletin September 2009 18 December 2009
22-10-2009-Bank-of-Namibia-launches-Currency-Awareness-Campaign.pdf 22 October 2009
22-10-2009-BoN-steps-up-its-effort-to-prevent-counterfeit-money-in-Namibia.pdf 22 October 2009
24-09-2009 BoN 11th Annual Symposium 24 September 2009
18-09-2009 BoN hosts 11th Annual Symposium on privatization 18 September 2009
21-08-2009 Banking License (PHB-Namibia) 21 August 2009
21-08-2009 BoN grants provisional banking licence to PHB 21 August 2009
04-08-2009 Bank of Namibia donates N$2 million 4 August 2009
04-08-2009 BoN donates funds to Namibia Business School 4 August 2009
04-08-2009 BoN issues license to FIDES Bank Namibia 4 August 2009
21-08-2009 Banking License PHB Namibia 21 August 2009
20-07-2009 BoN announces National High School Competition Grand Final Winners 20 July 2009
20-07-2009-BoN National High School Competition Winners Press Release 2009 20 July 2009
24-06-2009 Bank of Namibia Sponsors ESARBICA 24 June 2009
20-05-2009 BoN warns public on pyramid schemes operating in Namibia 20 May 2009
29-04-2009 Announcement of the commencement date of the FIA Act 29 April 2009
29-04-2009 Commencement of the FIA Act 29 April 2009
06-04-2009 Banking Licence (ABSA) 6 April 2009
06-04-2009 Statement on the Annual Report 2008 6 April 2009
01-04-2009 BoN issues license to ABSA for representative office 1 April 2009
01-04-2009 BoN issues license to ABSA for representative office 1 April 2009
25-03-2009 The 2009 BoN National High School Competition 25 March 2009
18-02-2009 BoN hands over bursaries to ten students 18 February 2009
11-02-2009 Completion of the NAMSWITCH implementation 11 February 2009
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NCPI

CONSUMER PRICES Total (All urban areas) 12-Term % change

NCPI 5.60 Sep 2017
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Repo rate

Repurchase rate: Rate at which the private (sector) banks borrow namibian dollars from the Bank of Namibia

Prime overdraft rate (predominant rate)

Benchmark rate at which private banks lend out to the public.

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Prime 10.50
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NAD per US Dollar

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per British Pound

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per Euro

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

NAD per Angolan Kwanza

Weighted average of the banks' daily rates at approximately 10:30 am. Weights are based on the banks' foreign exchange transactions.

N$ / $ 13.5662 19 Oct 2017
N$ / £ 17.9256 19 Oct 2017
N$ / € 16.0070 19 Oct 2017
N$ / AOA 0.0717 19 Oct 2017

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