Bank of Namibia Updates President Nandi-Ndaitwah on Economic Outlook and Strategic Priorities. The Bank of Namibia, led by Governor Mr. Johannes !Gawaxab, held its annual statutory engagement this week with Her Excellency Dr. Netumbo Nandi-Ndaitwah, President of the Republic of Namibia. The meeting provided a platform for the central bank to share its assessment of recent economic developments and reaffirm its strategic commitment to national economic transformation and inclusive growth.
Accompanied by Deputy Governors Ms. Leonie Dunn and Mr. Ebson Uanguta, the Governor briefed the Head of State on the Bank’s latest macroeconomic research and policy advisory work. Key focus areas included rural economic development, the integration of Namibia into global agricultural value chains, and policy impacts in the fisheries sector. The Bank also highlighted the economic implications of oil discoveries and water scarcity—issues central to long-term planning and sustainability.
The meeting underscored the Bank’s intention to remain a cornerstone of evidence-based policymaking, offering insights and strategies that align with Namibia’s broader development goals. Mr. !Gawaxab emphasized that while the global economy presents ongoing challenges, Namibia’s financial sector remains stable and positioned to support inclusive growth.
President Nandi-Ndaitwah was briefed on how the Bank’s initiatives are aligned with the country’s ambition to generate sustainable jobs, reduce poverty, and enhance resilience in key sectors. The Bank also reiterated its role in maintaining macroeconomic stability while driving forward strategic reforms.
The engagement reflects the institution’s continued commitment to collaboration and transparency in its policymaking processes. As Namibia navigates a period of transformation, the Bank of Namibia remains focused on research-driven policies and strategic interventions aimed at achieving long-term socio-economic progress.
