BoN governors reunite for anniversary dialogue


Allexer Namundjembo

The Bank of Namibia (BoN) will host a high-level intergenerational dialogue next month as part of its 35th anniversary celebrations. 

The event will bring together current and former governors in a discussion on leadership, policy, and institutional legacy.

BoN governor Johannes !Gawaxab will be joined by former governors Tom Alweendo and Iipumbu Shiimi under the theme “Anchored in Stability, Advancing with Transformation.” 

The Governors’ Townhall, which will be attended by BoN staff, will explore the evolution of central banking policy and leadership while preserving institutional memory.

“The intergenerational dialogue is a unique opportunity to reflect on the leadership that has shaped the Bank over the last 35 years. It allows us to connect past experiences with future aspirations,” said Naufiku Hamunime, technical expert for international relations and sustainability at BoN. 

The governors will also respond to staff questions in an open session aimed at promoting transparency and internal engagement.

The event follows the official anniversary celebration held on 23 July 2025. 

!Gawaxab expressed concern over Namibia’s low gross fixed capital formation, which remains below 10% of GDP. 

He warned that weak investment levels could limit future growth and innovation.

President Netumbo Nandi-Ndaitwah officiated the event and praised the central bank’s efforts in maintaining macroeconomic stability. 

She called on the financial sector to address financial exclusion, high service costs, and rising fraud. 

She also urged more support for micro, small and medium enterprises (MSMEs), youth, and emerging sectors such as the blue economy and critical minerals.

“The bank’s 35th anniversary is not only a time for reflection but also a moment to reaffirm our commitment to transparency, inclusion, and long-term impact. The Townhall with the governors is part of that commitment to listen, learn, and lead with a shared vision,” said Hamunime.

The anniversary programme includes the recent launch of an upgraded currency series, the country’s third since independence, as well as the Tertiary Institutions Debate Challenge, Youth Central Banking Simulation, Monetary Policy Dialogue, and a nationwide currency artwork competition.

The winning artwork will be sealed in a time capsule along with other memorabilia.

“These initiatives are designed to celebrate our institutional journey and engage the public in shaping thebank’ss future direction,” Hamunime said.

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