The Bank of namibia, governor Johannes !Gawaxab this week introduced the freshly minted N$100 at an event held in Luderitz. This launch signifies Namibia’s commitment to bolstering public trust in its currency while combatting the persistent threat of counterfeiting. !Gawaxab, in his address during the launch, emphasized the enduring importance of physical currency in an...
November 5, 2024
Tag: N100
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Namibia: Bon Launches Modified N$100 Note
The Bank of Namibia (BoN) has launched a modified N$100 note that now bears the signature of governor Johannes !Gawaxab. According to !Gawaxab, the change is one of the key level one security features. “This change of the governor’s signature and the year of print are the only key changes effected on the modified N$100...
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BoN launches modified N$100 note – More Top Stories
The Bank of Namibia (BoN) has launched a modified N$100 note that now bears the signature of governor Johannes !Gawaxab. According to !Gawaxab, the change is one of the key level one security features. “This change of the governor’s signature and the year of print are the only key changes effected on the modified N$100...
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Shiimi’s plan on how to spend N$100 billion
Finance and public enterprises minister Iipumbu Shiimi tabled the national budget of N$100,1 billion in parliament on Wednesday, with a large portion being channeled into operations. Shiimi allocated N$74,6 billion to the operational budget, reflecting an 8,8% increase. Notably, N$1,7 billion is dedicated to a 5% civil service wage adjustment to safeguard purchasing power in...
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FNB’s CashPlus transaction value surpasses N$100 million as channel grows 44% – Business Express
FNB Namibia’s Cashplus transaction value have surpassed the N$100 million threshold solidifying the community banking service as the preferred banking method for customers nationwide. CashPlus, a pioneer in the financial services sector makes it possible for Agents to provide financial services thereby enhancing financial inclusion and convenience for FNB customers across Namibia. These transactions are...
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FNB’s Cashplus app surpasses N$100 million threshold
FNB Namibia’s Cashplus app has surpassed the 100 million threshold, a banking official announced this week. CashPlus is a convenient way for both FNB & non-FNB customers to deposit and withdraw cash at an FNB CashPlus agent According to FNB Namibia Commercial’s Head of Transactional Banking Rivan Meyer in a statement, more customers are seen...
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Inside Namibia’s N$100 billion 2024/25 financial year budget
The Minister of Finance and Public Enterprises Iipumbu Shiimi unveiled Namibia’s largest budget ever, amounting to $100.1 billion budget for the 2024/25 financial year, a significant increase from the prior year’s N$84.6 billion allocation. According to Shiimi, the total budget increased by 12.4% from the revised estimates of the preceding year. Accordingly, the operational budget...
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Government increases tax threshold to N$100 000 for individual taxpayers
Staff Reporter ALL individual taxpayers will be exempted from paying tax on the first N$100,000 of their income as of 01 March 2024, as the threshold for Income Tax on Individuals will increase from N$50,000 to N$100,000 to provide relief to low-income earners. The announcement was made by Iipumbu Shiimi, the Minister of Finance and...
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Namibia exports surpass N$100 billion mark in 2023
Namibia’s exports surged in 2023, surpassing the N$100 billion mark at N$105.0 billion, compared to N$97.4 billion recorded in 2022, latest data reveals. Data released by the Namibia Statistics Agency (NSA) on Tuesday shows that on the import side, cumulative trade for 2023 amounted to N$136.9 billion, an increase of N$7.9 billion when compared to...
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Namibia’s exports surpass N$100 billion in 2023 – Business Express
Namibia’s exports continue to be on an upward trajectory surpassing a N$100 billion mark by recording N$105.0 billion during 2023, compared to N$97.4 billion registered during 2022. According to the Namibia Statistics Agency (NSA), during the month of December 2023, the country’s trade balance stood at a deficit of N$299 million a notable improvement when...