Bank of Namibia Annual Report 2005
Registered Office
71 Robert Mugabe Avenue P.O. Box 2882 Windhoek Namibia
ANNUAL REPORT 2005
© Bank of Namibia
All rights reserved. No part of this publication may be reproduced, copied or transmitted in any form or by any means, including photocopying, plagiarising, recording and storing without the written permission of the copyright holder except in accordance with the copyright legislation in force in the Republic of Namibia. The contents of this publication are intended for general information only and are not intended to serve as financial or other advice. While every precaution is taken to ensure the accuracy of information, the Bank of Namibia shall not be liable to any person for inaccurate information or opinions contained in this publication.
Published by the Research Department of the Bank of Namibia. Enquiries related to this publication should be directed to: The Chief Economist and Head of Research Department P.O. Box 2882 WINDHOEK NAMIBIA Tel: +264 61 283 5111 Fax: +264 61 283 5231 e-mail: research@bon.com.na http://www.bon.com.na
ISBN: 99916-61-31-X
ii
ANNUAL REPORT 2005
Bank of Namibia Corporate Charter
Corporate Charter
VISION
Monetary and financial stability supportive of sustainable economic development in Namibia.
MISSION
To promote efficient payment mechanisms, effective banking supervision, reserves management and economic research in order to implement appropriate monetary policy and proactively offer relevant financial and fiscal advice to all our stakeholders.
VALUES
Our values guide us to be a center of excellence, and we value our contribution to the organization. We uphold integrity, impartiality, open communication and transparency. We care for each other’s well-being and value teamwork.
iii
ANNUAL REPORT 2005
In accordance with Section 52(1) of the Bank of Namibia Act No. 15 of 1997, the Bank has submitted to the Minister of Finance this Annual... [continues]
Registered Office
71 Robert Mugabe Avenue P.O. Box 2882 Windhoek Namibia
ANNUAL REPORT 2005
© Bank of Namibia
All rights reserved. No part of this publication may be reproduced, copied or transmitted in any form or by any means, including photocopying, plagiarising, recording and storing without the written permission of the copyright holder except in accordance with the copyright legislation in force in the Republic of Namibia. The contents of this publication are intended for general information only and are not intended to serve as financial or other advice. While every precaution is taken to ensure the accuracy of information, the Bank of Namibia shall not be liable to any person for inaccurate information or opinions contained in this publication.
Published by the Research Department of the Bank of Namibia. Enquiries related to this publication should be directed to: The Chief Economist and Head of Research Department P.O. Box 2882 WINDHOEK NAMIBIA Tel: +264 61 283 5111 Fax: +264 61 283 5231 e-mail: research@bon.com.na http://www.bon.com.na
ISBN: 99916-61-31-X
ii
ANNUAL REPORT 2005
Bank of Namibia Corporate Charter
Corporate Charter
VISION
Monetary and financial stability supportive of sustainable economic development in Namibia.
MISSION
To promote efficient payment mechanisms, effective banking supervision, reserves management and economic research in order to implement appropriate monetary policy and proactively offer relevant financial and fiscal advice to all our stakeholders.
VALUES
Our values guide us to be a center of excellence, and we value our contribution to the organization. We uphold integrity, impartiality, open communication and transparency. We care for each other’s well-being and value teamwork.
iii
ANNUAL REPORT 2005
In accordance with Section 52(1) of the Bank of Namibia Act No. 15 of 1997, the Bank has submitted to the Minister of Finance this Annual... [continues]
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