The Bank of Namibia announced the replacement of the N$10 and N$20 bankotes with improved notes that do not crack after multiple folding, do not age fast and featuring improved security features.

BoN governor Johannes !Gawaxab emphasised the N$60 banknote is more than just currency. "It is a symbol of Namibia's history and the remarkable leadership of Dr Hage G Geingob.

Namibia is growing tired of the economic pain caused by the volatile rand and is considering ending a 25-year-old peg to the SA currency. The government in Windhoek is weighing options to amend the ...

Namibia’s central bank sees benefits to keeping its peg with South Africa’s rand and won’t abandon the currency union, Assistant Governor Michael Mukete said.