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Finance
Govt Plan to Switch N$2.3 Billion on Tuesday
By: Nghiinomenwa-vali Hangala The government, through the central bank, will attempt to persuade investors to switch their N$2.3 billion investment in the GC26 Bond to other long-term bonds to avoid repaying the borrowed money next year. The government announced this auction through a central bank notice released last week. Market participants or […]
Govt Financing Needs to Increase to N$33.6 billion
By: Nghiinomenwa-vali Erastus The gap (budget deficit) between the government’s planned expenditure and its expected revenue for the 2026 Financial Year is expected to widen from N$12.8 billion to N$15.8 billion. As a result, together with other financial commitments made by the government, the amount of money to be borrowed this financial year […]
Prosecute Financial Crimes to be De-Greylisted
By: Nghiinomenwa-vali Hangala Namibia’s chance to be delisted as a country susceptible to financial crimes – due to its fragile ability to detect and stop said crimes – hinges on proving that it can investigate and prosecute money laundering and terrorist financing cases. According to the update provided by the country’s financial watchdog, […]
N$5.5 million to Subsidise Potato Production
By: Nghiinomenwa-vali Hangala The Namibia Agronomic Board (NAB) has availed a total of N$5.5 million to be allocated for the 2025/2026 financial year potato value chain development scheme . This scheme forms part of the recently launched NAB 5-Year Crop Value Chain Development Strategy. NAB revealed revealed the allocation of these funds […]
Banks Agree to Reduce the Cost of Money
By: Nghiinomenwa-vali Hangala Local commercial banks have collectively agreed to reduce the cost of money by narrowing their margin by a total of 25 basis points (0.25%). The reduction will be done in two phases, with the first reduction of 0.123% implemented 3 days ago. The central bank has confirmed that various commercial banks in […]
Govt to Pay N$1.6 billion in Coupon Interest in October
By: Nghiinomenwa-vali Hangala Updates from the Central Bank have indicated that the government will be paying N$1.6 billion in coupon interest to its bond investors on 15 October 2025. Information from the Bank of Namibia revealed that, as part of its seven outstanding (fixed income and inflation-linked) government bonds, it will be paying interest/coupons […]
Govt Debt up by N$66 Billion in 5 Years
By: Nghiinomenwa-vali Hangala As of Friday last week, local investors have lent N$139.7 billion to the Namibian government to fill its budget shortfall for the past five financial years through bonds and treasury bills. This is an increase from N$73.8 billion, which was borrowed from the domestic market at the end of 2020, according to […]
Domestic Capital Mostly Invested in Listed Equities and Debt
By: Nghiinomenwa-vali Erastus Most of the country’s N$289.9 billion capital that is deployed domestically through investment managers is invested in listed equities (shares) and debt instruments as of 31 March 2025, according to the Namfisa 2025 First Quarter report, which was released this week. This has been the trend for the past years. […]
Parliament Demands Banks’ Charges Impact Report
By: Nghiinomenwa-vali Erastus The Parliamentary Committee on Economy, Industry, and Public Administration, has asked the Central Bank to conclude the impact assessment of commercial banks fees and charges and share it with the Ministry of Finance. The governor of the Bank of Namibia appeared before the Parliamentary Standing Committee on Economy and Industry […]
Govt Hope to Switch Part of N$5.6 Billion Note Today
By: Nghiinomenwa-vali Erastus The government through the Central Bank will gives investors in the GC26 bond a chance for them to move their money to other long-term debt instruments today. The government owes domestic investors through the GC26, N$5.6 billion, and now it is hoping that investors will be enticed and tell the government to […]