Johannes !Gawaxab

30 Mar

BoN pays N$413.7m dividends to the government

ObserverObserver MoneyBoN pays N$413.7m dividends to the government, Johannes !Gawaxab

Martin Endjala The Bank of Namibia yesterday announced its dividends to the government amounts N$413.7 million after its operating profit increased by 11.5 percent from N$584.2 million in 2021 to N$651.2 million in 2022. Dividends paid to the government were made possible after the central banks’ reserves increased from N$672 million in 2021 to N$772 million in 2022, the central bank’s Governor Johannes !Gawaxab announced during the annual report launch for 2022 under the theme of global economic shocks, rewiring Namibia to bolster resilience. The Governor also indicated that the domestic economy has shown a slight growth of 4.6 percent…

29 Jun

BoN strengthens African ties

ObserverNational Newsand the Bank of Botswana, e Governors of the Bank of Ghana, Ernest Addison, Johannes !Gawaxab, Moses Dinekere Pelaelo, Zemburuka

Tujoromajo Kasuto Last week, Bank of Namibia Governor Johannes !Gawaxab met with his counterparts on the continent as part of his efforts to strengthen collaboration and seek mutually beneficial relationships among African central banks. According to the Central Bank’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, separate meetings were held to strengthen ties between the Governors of the Bank of Ghana, Ernest Addison, and the Bank of Botswana, Moses Dinekere Pelaelo. He says that the Bank also intends to call on the Central Bank of Kenya, given the advances made in the fintech space. Zemburuka noted that the…