02
Mar
Chamwe Kaira Namibia’s international reserves increased to N$51.9 billion at the end of January 2026, supported by inflows from the Southern African Customs Union. The Bank of Namibia reported in its latest money and banking statistics that the official stock of reserves rose by 0.6% month-on-month. The increase was mainly driven by SACU receipts. At this level, reserves covered an estimated 3.3 months of imports. When excluding oil and gas exploration and appraisal imports, the cover stood at 3.8 months. The bank said the reserves were equal to 9.6 times the currency in circulation. They remain sufficient to maintain the…
