Central bank declares N$720 million in dividends
2 Articles
2 Articles
Central bank declares N$720 million in dividends
The Bank of Namibia (BoN) will be giving N$720 million to treasury in declared dividends. Central bank governor Johannes !Gawaxab says this is the highest dividend since the BoN’s inception. “We have declared a record historic dividend to the government of theRepublic of Namibia of N$720 million, compared to N$511 million last year,” !Gawaxab says. Additionally, the bank’s investments grew by N$10 billion compared to last year. This is due to hi…
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