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[WATCH] Governor, Bank of Namibia, Talks Crypto Regulation as Part of the Common Monetary Area bitcoinke.io - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bitcoinke.io Daily Mail and Mail on Sunday newspapers.
Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets – Regulation Bitcoin News bitcoin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bitcoin.com Daily Mail and Mail on Sunday newspapers.
Prosus N.V.: Publication of the Prospectus and Opening of Exchange Offer finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
!Gawaxab hails Namibia’s success story 2021-04-06 As Namibia marked 31 years of independence, Bank of Namibia governor Johannes !Gawaxab addressed a public lecture under the topic: ‘How does Namibia stack up? – our own story’. The public lecture narrated Namibia’s success story through the lens of three decades of independence and self-rule, underscored by global accredited rankings on major governance and development indices and socio-economic indicators achieved to date. The public lecture was held on Friday, 26 March 2021, at the University of Namibia’s Oshakati campus as part of the governor’s series of stakeholder engagements. Reflecting on some of the country’s socio-economic growth indicators since 1990 to 2020, !Gawaxab indicated that Namibia now boasts a real GDP of N$134 billion, compared to N$50 billion at independence. ....
On 4 January 2021 the Financial Surveillance Department of the South African Reserve Bank (FinSurv) issued a circular on the removal of the so-called “loop” prohibitions contained in the Currency and Exchanges Manual for Authorised Dealers (the Manual), wherein are set out the approved practices as set out by for use Authorised Dealers, i.e. the commercial banks. At the outset, it must be noted that (a) the basis of what is allowed or not allowed under the Manual is what is contained in the Exchange Control Regulations, 1961, and the discretions given to FinSurv and the Minister thereunder, but nowhere in those regulations does one find the word “loop”, or any prohibition against such a “loop”. This is entirely an interpretation of the prohibition in regulation 10(1)(c) of those regulations (the Regulation) that a South African resident may not, without approval, export capital or the right to capital from South Africa. ....