Governor of the Bank of Namibia (BoN)

16 Jul

BoN targeting the goose intent on laying golden eggs in affordable housing

ObserverOpinionsBoN targeting the goose intent on laying golden eggs in affordable housing, Governor of the Bank of Namibia (BoN), Property Group Save Namibia (PGSN)

Kae Matundu-Tjiparuro Property Group Save Namibia (PGSN) seems to be sending shock waves through the Namibian property market, especially the housing market. To the extent that before they have properly taken off they have been inviting the undue attention of the country’s central bank. Surely the Bank of Namibia (BoN) cannot and should not be the one having a brief with PGSN, not given the PGSN noble goal, which is to help provide affordable houses if not decent shelters. Yes, the PGSN as yet may not provide for houses towards the lowest end of the housing market, meaning to those…

BoN calls for structural interventions

ObserverUncategorisedBank of Namibia (BoN), Governor of the Bank of Namibia (BoN), Johannes Gawaxab

Staff Writer The Governor of the Bank of Namibia (BoN), Johannes !Gawaxab says although the central bank has continuously ensured a favorable macroeconomic environment for the country’s economic growth over the past 30 years, structural interventions are required to increase Namibia’s growth potential. “This Bank is ready to work with the Government, not in a subservient role, but rather in a complementary fashion to set the framework for accelerated economic development. The Namibian economy needs structural interventions to achieve a sustained increase in our growth potential,”! Gawaxab said during commemorations of BoN’s 30th anniversary. “We need to dedicate our time…