BoN reduces repo rate to 7.25 per cent

NAMPA
2024-10-16
WINDHOEK, 15 July 2019 - Chairperson of the High Level Panel on the Economy, Johannes !Gawaxab pictured at a media conference. (Photo by: Shelleygan Petersen) NAMPA WINDHOEK, 15 July 2019 - Chairperson of the High Level Panel on the Economy, Johannes !Gawaxab pictured at a media conference. (Photo by: Shelleygan Petersen) NAMPA
WINDHOEK, 16 OCT (NAMPA) – The Bank of Namibia (BoN) announced a 25 basis point reduction in the repo rate, from 7.50 per cent to 7.25 per cent, on Wednesday.
BoN Governor Johannes ǃGawaxab said the Monetary Policy Committee (MPC) took the decision during its fifth bi-monthly meeting held on 14 and 15 October 2024.
“To continue supporting the domestic economy while simultaneously safeguarding the peg between the Namibia Dollar and the South Afr...
Restricted content

Latest NAMPA photos

OMAKANGE, 20 November2024 - Farmers in the Kunene region are participating in a workshop aimed at equipping them with strategies to prepare for dry seasons, especially following the heavy rainfall experienced across the country this year. (Photo: Contributed)

OMAKANGE, 20 November2024 - Farmers in the Kunene region are participating in a workshop aimed at equipping them with strategies to prepare for dry seasons, especially following the heavy rainfall experienced across the country this year. (Photo: Contributed)

NAMPA
WINDHOEK, 12 June 2025 - The Executive Director of the Ministry of Environment, Forestry and Tourism Sikongo Haihambo pictured at the Government Information Centre. (Photo: Justina Shuumbwa) NAMPA

WINDHOEK, 12 June 2025 - The Executive Director of the Ministry of Environment, Forestry and Tourism Sikongo Haihambo pictured at the Government Information Centre. (Photo: Justina Shuumbwa) NAMPA

NAMPA
OMUTHIYA, 11 June 2025 - Oshikoto Regional Commander Commissioner Nangula Iifo. (Photo: Maria David)NAMPA

OMUTHIYA, 11 June 2025 - Oshikoto Regional Commander Commissioner Nangula Iifo. (Photo: Maria David)NAMPA

NAMPA
OUTJO, 30 MARCH 2025 - Outjo-based team, Khiabasen FC, aspires to secure victory in the Kunene Second Division Football League and earn a spot in the promotional play-off for the North West Football League in the upcoming season. (Photo: Contributed) NAMPA

OUTJO, 30 MARCH 2025 - Outjo-based team, Khiabasen FC, aspires to secure victory in the Kunene Second Division Football League and earn a spot in the promotional play-off for the North West Football League in the upcoming season. (Photo: Contributed) NAMPA

NAMPA
KEETMANSHOOP, 03 June 2025 - The minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp. (Photo by: Suzith Tjitaura) NAMPA

KEETMANSHOOP, 03 June 2025 - The minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp. (Photo by: Suzith Tjitaura) NAMPA

NAMPA
BERSEBA, 10 June 2025 - Swapo party ||Kharas regional coordinator, Matheus Mumbala pictured as he read the message of condolences to the late Tiboth family by the Swapo party president, Netumbo Nandi-Ndaitwah. (Photo by: Suzith Tjitaura) NAMPA

BERSEBA, 10 June 2025 - Swapo party ||Kharas regional coordinator, Matheus Mumbala pictured as he read the message of condolences to the late Tiboth family by the Swapo party president, Netumbo Nandi-Ndaitwah. (Photo by: Suzith Tjitaura) NAMPA

NAMPA
BERSEBA, 10 June 2025 – The wife (in the middle) of the late Emeritus Stephanus Tiboth pictured at Berseba with Swapo members at the reading of the message of condolences by the Swapo party president, Netumbo Nandi-Ndaitwah to the Tiboth family. (Photo by: Suzith Tjitaura) NAMPA

BERSEBA, 10 June 2025 – The wife (in the middle) of the late Emeritus Stephanus Tiboth pictured at Berseba with Swapo members at the reading of the message of condolences by the Swapo party president, Netumbo Nandi-Ndaitwah to the Tiboth family. (Photo by: Suzith Tjitaura) NAMPA

NAMPA
OTJIWARONGO, 10 June 2025 - Chief Justice Peter Shivute (seated, centre) pictured with officials from his office at a five-day strategic planning workshop in Otjiwarongo on Tuesday. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 10 June 2025 - Chief Justice Peter Shivute (seated, centre) pictured with officials from his office at a five-day strategic planning workshop in Otjiwarongo on Tuesday. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA