BoN Governor leads regional collaboration effort


WINDHOEK: Bank of Namibia (BoN) Governor, Johannes !Gawaxab embarked on a diplomatic visit to foster enhanced collaboration and cooperation with central banks in Botswana, Zimbabwe and Ghana in March 2024.

This was stated in a media statement issued by Naufiku Hamunime from BoN’s Strategic Communications and International Relations department on Wednesday.

‘He went on a diplomatic visit to strengthen ties with regional central banks. He visited the Bank of Ghana, the Reserve Bank of Zimbabwe, and the Bank of Botswana and engaged in discussions that highlighted areas of interest, which include financial inclusion, digital innovation and sovereign wealth management. The visit served as a platform for sharing insights and best practices, to foster deeper ties among the participating institutions,’ noted Hamunime.

Furthermore, BoN expressed enthusiasm for exploring new avenues for cooperation and innovation which highlighted areas which include leveraging Ghana’s successful digital currency called eCedit, le
arning from the establishment of Ghana’s Central Securities Depository, and exchanging insights on sustainable banking principles.

‘!Gawaxab, emphasised the importance and strength of the partnerships forged, expressing confidence in advancing shared objectives and driving positive change,’ noted Hamunime.

Source: The Namibia Press Agency