The Governor of the Bank of Namibia (BoN), Mr. Ebson Uanguta, and the Governor of the SA Reserve Bank , Mr. Lesetja Kganyago, today signed a revised Memorandum of Understanding (MoU) in Pretoria, South Africa. The signing took place during Governor Uanguta’s courtesy visit to the SARB and marks an important milestone in further strengthening institutional cooperation between the two sister central banks. 

The MOU reflects the evolving financial sector landscape in both jurisdictions, including strengthened supervisory mandates, enhanced resolution frameworks, and the increasing complexity of cross-border financial institutions operating within Namibia and South Africa. The agreement recognises the interlinkages between Namibia and South Africa’s financial markets and economies. 

In his remarks, Governor Uanguta emphasised that the signing of the MoU reflects the enduring and constructive relationship between the two central banks, rooted in shared history, regional integration, and a common commitment to monetary and financial stability.