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

NAMFISA urges consumers to report fraudulent practices

2026-08-26 19:48:21

Exhibitors praise Ongwediva Trade Fair for boosting business growth

2026-08-26 18:24:27

Auala appointed to Head Global Markets at RMB Namibia

2026-08-25 14:13:24

CRAN, NORED sign agreement to boost rural connectivity

2026-08-25 14:10:38

Ongwediva trade fair exhibitors seeking to expand market base

2026-08-25 13:38:47

Ongwediva trade fair highlights cross-border trade opportunities

2026-08-25 08:42:33

ECB threatens to strip electricity licences of underperforming councils

2026-08-24 16:12:45

NSA upgrades system to Python, revises price indices back to 2015

2026-08-24 12:26:51

Young people want to help build the future: Phillemon

2026-08-24 07:17:25

Ongwediva Trade Fair urged to expand as demand surges

2026-08-23 17:36:05

President reaffirms youth-centred skills development

2026-08-23 14:58:29

Latest NAMPA photos

WINDHOEK, 26 August 2026 – President Netumbo Nandi-Ndaitwah addressing the crowd during the Heroes Day commemoration in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 26 August 2026 – Namibian leaders (from left): Vice President Lucia Witbooi, President Netumbo Nandi-Ndaitwah, First Gentleman retired Army General Epapharas Ndenga Ndaitwah, and Prime Minister Elijah Ngurare, pictured during the Heroes Day commemoration in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 26 August 2026 - President Netumbo Nandi-Ndaitwah has granted national hero status to 16-year-old Cornelius Tulotokela Shimwaafeni, making him the youngest recipient in history. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

ONGWEDIVA, 26 August 2026 - The Namibia Financial Institutions Supervisory Authority (NAMFISA) mobile office at the 25th edition of the Ongwediva Annual Trade Fair. (Photo: Ali Negumbo) NAMPA

NAMPA

WINDHOEK 26 August 2026 - Bank Windhoek Managing Director, James Chapman. (Photo: Contributed) NAMPA

NAMPA

OSHIKUNDE, 17 August 2026 - Former war veterans who were injured in the armed liberation struggle, Anna Thomas and her husband, Julius Petrus, at their home in Omutwewomunhu village, Oshikunde Constituency. (Photo: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 25 August 2026 - Communications Regulatory Authority of Namibia (CRAN) Manager for Licensing, Standards and Regulatory Compliance, Sheleen Kavikairiua. (Photo: Contributed) NAMPA

NAMPA

ONDANGWA, 25 August 2026 - Emilia Nghikembua, Communications Regulatory Authority of Namibia's (CRAN) Chief Executive Officer (L); Silvester Wayiti, NORED’s Chief Executive Officer (R) signed a Memorandum of Understanding (MoU) to advance infrastructure developmet. (Photo: Contributed) NAMPA

NAMPA