EXCLUSIVE: Police intelligence has confiscated a speed point machine in July linked to a multimillion-dollar scam while it was en route to Rundu. Sources say the device, already used in Windhoek to defraud victims of over N$1 million — was intended for an unidentified shop in Rundu, where it would capture card details for unauthorized transactions. The scam is allegedly coordinated by detainees at the Rundu police holding cells, with some officers reportedly complicit. Despite arrests and the tr
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Namibia Banknotes Money / Namibian dollar / Currency $ / NAD/ | 6 Pack | - 4K
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6K views · 70 reactions | JUST IN ... Bank of Namibia governor Johannes ǃGawaxab announced this morning the monetary policy committee has decided to keep the repo rate unchanged at 3,75% for the near term. This as the bank still sees it fit to support economic growth in the local economy and the N$1=R1 link. | The Namibian | Facebook
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Counterfeiting of Namibian dollar declines By: Hertha Ekandjo The Bank of Namibia(BON) has recorded a 10.7% decline in counterfeit banknotes in 2024, a result attributed to enhanced security features and improved public awareness. The decline is being hailed as a success in the Bank’s ongoing efforts to protect the integrity of Namibia’s legal tender. Watch full story here: https://rb.gy/sjv870 | OneAfrica
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8.6K views · 36 reactions | Namibians have the convenience of using a range of payment instruments such as cards, EFTs and e-money. One of the Bank of Namibia's role is to ensure the safe and secure use of payment instruments within the National Payment System (NPS) as Director: Payments & Settlement Systems, Barbara Dreyer explains. More on the NPS: https://bit.ly/2tdj9Uk #knowyourcentralbank #nationalpaymentsystem #NPS | Bank of Namibia | Facebook
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2.2K views · 42 reactions | Stay up to date with news across all our platforms! Subscribe to our e-reader to get access to the full copy of the daily paper: https://buff.ly/34UEKSb | The Namibian | Facebook
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