NAMIBIA QUARTERLY BULLETIN DECEMBER 2020

PRESS RELEASE:  18 December 2020, Windhoek DOMESTIC ECONOMIC ACTIVITY REMAINED WEAK DURING THE THIRD QUARTER OF 2020 International economic and financial developments: The GDP data showed a notable rebound for major economies in the third quarter of 2020 compared to the previous quarter. Following the lockdown-induced growth collapse in the second quarter, the levels of […]

BANKERS ASSOCIATION OF NAMIBIA WARNS AGAINST SURCHARGING

MEDIA RELEASE 5 August 2019 The Bankers Association of Namibia has learned that some merchants continue to add a surcharge (additional fee) to card transactions or are setting minimum or maximum transaction amounts as condition for accepting debit or credit cards for payment. Such practices have a negative impact on consumers and are in direct […]