BoN awarded for transparency

The Bank of Namibia was awarded the transparency award on Thursday at the Annual Central Banking Awards in London.

According to a statement issued by the bank, the award was a result of the bank’s efforts in its monetary policy communication and transparency in the execution of its price stability mandate.

“The Bank of Namibia’s application for the transparency award in 2023 involved presenting robust, evidence-based information and defending its initiatives against those of reputable central banks globally,” read the statement.

Central bank governor Johannes !Gawaxab says the award shows the banks commitment to transparency.

“This award reaffirms our dedication to upholding the highest standards of transparency and accountability in navigating the complex landscape of monetary policy,” 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