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Namibians to pay more, wait longer for SA EFT transactions

NAMPA
2024-09-04
WINDHOEK, 04 September 2024 - Bank of Namibia Principal Economist for Payments Policy Research and Analyis, Henock Shilongo. (Photo: Contributed) WINDHOEK, 04 September 2024 - Bank of Namibia Principal Economist for Payments Policy Research and Analyis, Henock Shilongo. (Photo: Contributed)
WINDHOEK, 04 SEP (NAMPA) – Namibians intending to send money to South Africa through electronic fund transfers will have to pay more bank charges and wait longer for the money to reflect.
This follows a decision by the Common Monetary Area (CMA) regulators to discontinue processing electronic fund transfer (EFT) payments and collections within the CMA, effective 09 September 2024.
The Bank of Namibia (BoN) has, however, extended the date to 30...
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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 16 April 2026 - Lawyer Joas Neemwatya pictured with his clients outside the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 16 April 2026 - Lawyer Joas Neemwatya pictured with his clients outside the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

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