Namibia

SA economies unaffected by turmoil

The economies of Southern Africa have remained strong despite the volatility in global financial markets, Tito Mboweni, the governor of the South African Reserve Bank, said in a recent speech.

Zimbabwe can't join rand monetary union - Mboweni

Tito Mboweni, the governor of the South African Reserve Bank, says Zimbabwe was far from being ready to join the rand common monetary area (CMA), which currently includes South Africa, Lesotho, Namibia and Swaziland.

Monetary integration in Southern Africa

This IMF working paper finds that the current Common Monetary Area (CMA) agreements between South African, Lesotho, Swaziland and Namibia, although not a full monetary union, have delivered many benefits of a full monetary union.

Bank of Namibia - Annual Report 2006

According to the Bank of Namibia's Annual Report 2006, despite tighter monetary conditions, the Namibian economy was estimated to have performed moderately better in 2006 than in 2005.

Namibian Bill could remove SA money

A Parliamentary Bill in Namibia which will give the Finance Minister the option of deciding when Namibia will stop using South African notes and coins was the first legislation to be passed in the National Assembly this year.

Namibian study says customs union hurts economy

A study carried out by the central bank of Namibia shows that the country's loss was approximately 549m Namibian dollars over a period of 12 years as a result of the Southern African Customs Union (SACU) Common Revenue Pool, according to a report by the…

Regional central bank unviable - Tito Mboweni

Tito Mboweni, governor of the South African Reserve Bank, said on Tuesday 24 June "We have agreed we will do some research on what the feasibility is of a common central bank for South Africa, Lesotho, Swaziland and Namibia", according to Reuters…

T K Alweendo: Prospects for growth in Namibia

Today Mr T K Alweendo, governor of the Bank of Namibia, gives his annual lecture, held in Windhoek. This year's subject matter is growth and employment or unemployment, depending whether you are anoptimist or a pessimist, joked the governor in his…

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