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, 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

economy Namibia

Business

Fourth edition of oil and gas conference launched in Windhoek

2026-06-15 15:06:42

RA clarifies funds used for B1 speed humps project

2026-06-13 14:57:03

Namibia's instant payment system ready for implementation

2026-06-13 14:17:24

Sinimbo says youth-led agriculture, jobs central to Kavango West growth

2026-06-12 16:41:27

Telecom Namibia, Angola Partner on Angosat-2 Satellite Connectivity Pilot

2026-06-12 15:17:06

Livestock movement restrictions lifted in Ohangwena, Kavango West

2026-06-12 10:09:43

Kavango West communities left waiting as borehole contract dispute stalls water projects

2026-06-11 16:32:08

National Planning Commission unveils strategic roadmap to 2030

2026-06-11 15:04:14

SME Fund to boost growth of local businesses

2026-06-11 15:01:23

Aranos vehicle clearance office opens

2026-06-10 18:04:43

CORRECTION: Internal audit key to preventing governance failures: Mukasa

2026-06-10 16:34:39

Latest NAMPA photos

WINDHOEK, 13 June 2026 - Trustco United players while in action against Gootfontein during round six of the 2026 NRU Rugby Premier League at the Trustco United Sports Ground in Olympia. (Photo by: Hesron Kapanga) NAMPA

NAMPA

OKAHANDJA, 14 June 2026 - President Netumbo Nandi-Ndaitwah attended the Ovambanderu commemoration marking 130 years since the death of Ombara Kahimemua Nguvauva, who was killed by German colonial forces at Okahandja in the Otjozondjupa Region, on Sunday. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 13 June 2026 - Learners from Delta Secondary School emerged as the winners of Round One of the ExxonMobil Foundation STEM Africa Zonal Quiz 1. (Photo by: Molly Weyulu) NAMPA

NAMPA

MARIENTAL, 14 June 2026 - Hardap Swapo Party regional coordinator Riaan McNab addresses a meeting of Swapo regional and local authority councillors, who gathered in Mariental on Sunday. (Photo by: Joe-Chintha Garises) NAMPA

NAMPA

OKAHANDJA, 14 June 2026 - First gentleman Ndenga Ndaitwah pictured during the commemoration marking 130 years since the death of Ombara Kahimemua Nguvauva on Sunday. (Photo by: Hesron Kapanga) NAMPA

NAMPA