Governor Of The Bank Of Namibia
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Governor Of The Bank Of Namibia
The Governor is the official head of the Bank of Namibia. They are responsible for implementing Namibia's monetary policy and chairing the meetings of the bank's board of directors. List of governors of the Bank of Namibia The governors of the Bank of Namibia from 1990 to date have been: * Wouter Bernard (16 June 1990 - 31 August 1991) * Erik Lennart Karlsson (1 September 1991 - 31 December 1993) * Jaafar bin Ahmad (1 January 1994 - 31 December 1996) * Tom Alweendo (1 January 1997 - 25 March 2010) * Ipumbu Shiimi (25 March 2010 - 1 June 2020) * Johannes !Gawaxab (1 June 2020 - ) References

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Governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin ...
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Bank Of Namibia
The Bank of Namibia (BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990 by the ''Bank of Namibia Act, 1990'' (Act 8 of 1990). The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by authority that has been given to it under an Act of the Namibian Parliament. The head of the Bank of Namibia is the Governor of the Bank of Namibia. Governors The Governors to date have been: * Wouter Bernard (16 June 1990 - 31 August 1991) * Erik Lennart Karlsson (1 September 1991 - 31 December 1993) * Jaafar bin Ahmad (1 January 1994 - 31 December 1996) * Tom Alweendo (1 January 1997 - 25 March 2010) * Ipumbu Shiimi (25 March 2010 - 1 June 2020) * Johannes !Gawaxab (1 June 2020 - present) The bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion. ...
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Namibia
Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and east. Although Kazungula, it does not border Zimbabwe, less than 200 metres (660 feet) of the Botswanan right bank of the Zambezi, Zambezi River separates the two countries. Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek. Namibia is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU) and the Commonwealth of Nations. The driest country in sub-Saharan Africa, Namibia has been inhabited since pre-historic times by the San people, San, Damara people, Damara and Nama people. Around the 14th century, immigration, immigrating Bantu peoples arrived as part of the Bantu expansion. Since ...
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Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency. Monetary policy is a modification of the supply of money, i.e. "printing" more money, or decreasing the money supply by changing interest rates or removing excess reserves. This is in contrast to fiscal policy, which relies on taxation, government spending, and government borrowing as methods for a government to manage business cycle phenomena such as recessions. Further purposes of a monetary policy are usually to contribute to the stability of gross domestic product, to achieve and maintain low unemployment, and to maintain predictable exchange rates with other currencies. Monetary ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Tom Alweendo
Thomas Kavaningilamo Alweendo (born 17 March 1958 in Omusheshe, Oshana Region) is a Namibian politician who has been Minister of Mines and Energy since 2018. In 1997, he became the first Namibian Governor of the Bank of Namibia when he replaced Jafaar bin Ahmad of Malaysia. In 2010, Alweendo was appointed to lead the National Planning Commission. When Hage Geingob took office as president in March 2015, he confirmed Alweendo in his position. In a cabinet reshuffle in February 2018, Alweendo became Minister of Mines and Energy, swapping positions with Obeth Kandjoze. Education Alweendo earned a bachelor's degree from the University of the Witwatersrand in South Africa and a Master of Business Administration from the University of Wales in the United Kingdom. As governor of the Bank of Namibia, he maintained the Namibian dollar's linkage with the South African rand. Among some of his achievements during his tenure at the Bank of Namibia are the localization of the payments ...
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Ipumbu Shiimi
Iipumbu Wendelinus Shiimi is a Namibian economist who has been the Minister of Finance since 2020. Before that, he served as governor of the Bank of Namibia from 2010 until 2020. Early life and education Shiimi holds a Master of Science degree in Financial Economics (1998), and a Postgraduate Diploma in Economics (Economic Principles) from the University of London. He also holds a Diploma in Foreign Trade and Management from the Maastricht School of Management in the Netherlands, an Honours degree in Economics from the University of Western Cape in South Africa and a Bachelor of Commerce degree in Economics and Accounting from the University of Western Cape. He underwent specialised training in Management from University of Stellenbosch and Wits Business School as well as other specialised training in economics and finance in Tanzania and USA, as well as at the Bank of England and Reserve Bank of South Africa. Career Shiimi started working at the Namibia Economic Policy Research ...
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Johannes !Gawaxab
Johannes is a Medieval Latin form of the personal name that usually appears as " John" in English language contexts. It is a variant of the Greek and Classical Latin variants (Ιωάννης, '' Ioannes''), itself derived from the Hebrew name '' Yehochanan'', meaning "Yahweh is gracious". The name became popular in Northern Europe, especially in Germany because of Christianity. Common German variants for Johannes are ''Johann'', ''Hannes'', ''Hans'' (diminutized to ''Hänschen'' or ''Hänsel'', as known from "'' Hansel and Gretel''", a fairy tale by the Grimm brothers), '' Jens'' (from Danish) and ''Jan'' (from Dutch, and found in many countries). In the Netherlands, Johannes was without interruption the most common masculine birth name until 1989. The English equivalent for Johannes is John. In other languages *Joan, Jan, Gjon, Gjin and Gjovalin in Albanian *'' Yoe'' or '' Yohe'', uncommon American form''Dictionary of American Family Names'', Oxford University Press, 2013. *Y ...
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The Namibian
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Governors Of The Bank Of Namibia
A governor is an politician, administrative leader and head of a polity or Region#Political_regions, political region, ranking under the Head of State, head of state and in some cases, such as governor-general, governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the Public law, public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the ancient Rome, Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in ancient history, antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments ...
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