BoN launches 3-year strategy to ensure stability, be globally competitive

Johannes !Gawaxab

The Bank of Namibia (BoN) has launched its three-year strategy with a focus on digitalisation, inclusivity and emerging industries.

BoN spokesperson Naufiku Hamunime says the new strategy will look at three main goals: Adopting advanced digital tools to build a smart central bank, fostering an inclusive and resilient financial system, and laying the foundation for a diversified economy driven by emerging industries.

“These initiatives are designed to ensure macroeconomic stability while creating a financial ecosystem that is not only inclusive but also globally competitive,” says Hamunime.

BoN governor Johannes !Gawaxab says the new strategy reflects the bank’s belief in technology and inclusivity.

“The 2025-2027 Strategic Plan is a promise to the people of Namibia that we are prepared to lead with innovation to ensure financial stability today, while creating opportunities for prosperity tomorrow,” says !Gawaxab.

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!

Latest News