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Namibia: Cap on bank fees to kick in soon – Business

Namibia: Cap on bank fees to kick in soon – Business

Africa Links 24 with Shania Lazarus
Published on 2025-08-14 13:00:00

A regulation that is set to control the fees of all banks in Namibia is expected to come into effect at the end of this year.

Speaking during the repurchase rate (repo rate) announcement yesterday, deputy central bank governor Leone Dunn said although the statutory mandate to issue regulations with regards to bank charges lies with the Ministry of Finance, the bank is able to confirm that the regulation has been finalised and consulted on.

During the repo announcement, the Bank of…

Read the Full article on The Namibian

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