The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Repo rate up again by 50 basis points

Written by Mulisa Simiyasa on 30 November 2022

OTJIWARONGO, 30 NOV (NAMPA) – The Bank of Namibia (BoN) on Wednesday announced an immediate increase to the repo rate by 50 basis points.
The increased repo rate now translates into lending rates of money by the central bank of Namibia to the local commercial banks from 6.25 per cent to 6.75 per cent.
In a media statement on Wednesday, BoN said the decision to increase the repo rate was necessitated by the inflation pressure.
The decision was taken at the meetings held in the capital on Monday and Tuesday b ...


Otjiwarongo municipality councillors re-elect themselves to positions

Written by Mulisa Simiyasa on 30 November 2022

OTJIWARONGO, 30 NOV (NAMPA) – Local authority councillors of the Otjiwarongo Municipality on Wednesday re-elected themselves back to their political positions in the municipality.
The seven local authority councillors on Wednesday held their internal annual election exercise at the Otjiwarongo Municipality Chambers, where they were sworn into their positions by Magistrate Karel Muyeghu.
Mayor Gottlieb Shivute was nominated by his fellow councillor, Godhardt Hoko and was seconded by Julienda Kampungu to reta ...

Central Bank increases repo rate by 50 basis points to 6.75 percent

WINDHOEK, 30 NOV (NAMPA)- Governor of the Bank of Namibia, Johannes ǃGawaxab on Wednesday announced that the Monetary Policy Committee increased the repo rate by 50 basis points to 6.75 percent. (Video: Lydia Pitiri) NAMPA TV

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Latest Photos


NAMPA

NAMPA


× Namibia’s Hylton Villet (L) and Johannes Damon (R) pictured with their trophy after being crowned champions of the 2022 International Pair World champions in Mijas, Spain. (Photo: Contributed)

NAMPA

NAMPA


× WINDHOEK, 16 November 2021- Prime Minister Saara Kuugongelwa-Amadhila pictured during German politician Sevim Dağdelen's courtesy visit. (Photo by: Hesron Kapanga) NAMPA

NAMPA / Xinhua

NAMPA / Xinhua


× (221201) -- CHENGDU, Dec. 1, 2022 (Xinhua) -- This aerial photo taken on March 31, 2022 shows Zhang Yuehua drying newly-picked tea leaves at his ancestral house in Mingshan District of Ya'an City, southwest China's Sichuan Province. Zhang, born in 1959, is a representative inheritor of green tea making technique. Boasting a long history of tea cultivation, Ya'an is the birthplace of dark tea and green tea making techniques. Inherited by generations of tea makers, both techniques are now listed as national-level intangible cultural heritage. (Xinhua/Shen Bohan)

NAMPA

NAMPA


× OTJIWARONGO, 14 november 2022 - Executive Director for the Minister of Information and Communication Technology (MICT), Audrin Mathe speaks at a consultative meeting held at Otjiwarongo with the officials from the Kunene, Erongo and Otjozondjupa regional councils as well as their political leaders on Monday. (Photo by: Mulisa Simiyasa) NAMPA