Bank Of Namibia Defends N$1 Coin Design Amid ‘Outere Dollar’ Talk

The Bank of Namibia has addressed public concerns over the new N$1 coin, explaining that its design—showing two hands exchanging coins—was created to honour the country’s retail sector and highlight values like dignified trade, resilience, and economic inclusion. The Bank’s spokesperson, Kazembire Zemburuka, clarified that the nickname “Outere Dollar” (Khoekhoegowab for “give me”) was never part of the official intent.