Windhoek: The Bank of Namibia (BoN) on Tuesday declared a dividend of N.dollars 200 million to the Namibian Government following the release of its 2025 Annual Report. The dividend announcement was made during the official launch of the report on Tuesday.
According to Namibia Press Agency, BoN Governor Ebson Uanguta emphasized that the annual report serves as a key accountability mechanism for the institution. He highlighted the origins of BoN, noting that it was established right after Namibia's independence, as defined in Article 128 of the Namibian constitution. Uanguta stressed the importance of accountability to the central bank's independence and commitment to providing transparency to the Namibian people.
The governor also addressed the bank's financial performance, which was impacted by a decrease in interest income during 2025. The interest rate income dropped from N.dollars 1.2 billion in 2024 to N.dollars 960 million in 2025, affecting the bank's distributable profit.
The report indicated a slowdown in Namibia's economy, with real GDP growth decreasing to 1.7 per cent in 2025 from 3.8 per cent in 2024. This decline was attributed largely to a weak performance in the primary sector.
Executive Director in the Ministry of Finance, Oscar Capelao, stated that the annual report is a critical tool for public accountability. It provides valuable insights into the country's economic status and the institutional framework supporting stability and economic activity. Capelao affirmed the government's dedication to fiscal discipline and reforms aimed at enhancing economic growth and productivity.