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...

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Latest NAMPA photos

WINDHOEK, 11 November 2025 - The upgrade of the Windhoek-Okahandja Section 4A road to dual carriageway freeway standard has been completed at a contract value of approximately N$1 billion, creating 379 jobs, as Khomas Region’s active roads programme now spans contracts exceeding N$1.9 billion across four major projects. (Photo contributed) NAMPA

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WINDHOEK, 25 June 2026 - Khomas Governor Sam Nujoma delivering the keynote address during the Khomas Region State of The Region Address. (Photo: Edward Tenete) NAMPA

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WINDHOEK, 25 June 2026 - Khomas Governor Sam Nujoma pictured delivering the keynote address during the Khomas Region State of The Region Address. (Photo: Edward Tenete) NAMPA

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WINDHOEK, 24 June 2026 - The Deputy Minister of Industries, Mines and Energy, Graudentia Kröhne speaks during the official launch of Swakop Uranium’s 2025 Sustainability Report in Windhoek. (Photo: Edward Tenete) NAMPA

NAMPA

WINDHOEK, 23 June 2026 - The Minister of Industries, Mines and Energy, Graudentia Kröhne pictured together with the Governor of the Erongo Region, Nathalia /Goagoses and Swakop Uranium stakeholders during the launch of the company's 2025 Sustainability Report in Windhoek. (Photo: Edward Tenete) NAMPA

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WINDHOEK, 23 June 2026 - Newly elected board members of Nampa, touring the news agency's head office. (Photo by: Justina Shuumbwa) NAMPA

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