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

Bank Windhoek Red Run attracts 2 600 participants

2026-08-02 18:37:40

Katima Mulilo Town Council raises over N$350 000 for Zambezi Bream Festival

2026-08-02 15:45:29

NTAT, Nampa sign MoU to strengthen heritage awareness

2026-08-02 15:17:05

ILO chief commends Namibia's diamond industry during Namdia visit

2026-08-01 11:27:15

Windhoek accelerates informal settlement electrification with N$33.5 million

2026-07-31 18:11:36

Fuel prices to increase by N$2 per litre from Wednesday

2026-07-31 17:50:12

NamPost appoints Willem Mouton as CEO

2026-07-31 17:40:53

CoW approves 20 temporary markets to support informal traders

2026-07-31 16:46:00

CoW resumes debt collection after RedForce contract ends

2026-07-31 16:12:19

City of Windhoek launches N$5 million Groot Aub water pipe project

2026-07-31 14:37:40

Dr Hage G. Geingob Town Hall Conversation to honour former president’s legacy

2026-07-31 08:44:12

Latest NAMPA photos

MARIENTAL, 02 August 2026 - Prime Minister Elijah Ngurare addresses the /Hai-/Khaua Cultural Exhibition in Mariental. (Photo: Joe-Chintha Garises) NAMPA

NAMPA

GLASGOW, 01 August 2026 – Namibia’s Tryagain Morning Ndevelo in action against Sachin Sachin of India during the Commonwealth Games in Glasgow, Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

GLASGOW, 01 August 2026 – Namibia’s Tryagain Morning Ndevelo in action against Sachin Sachin of India during the Commonwealth Games in Glasgow, Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

GLASGOW, 01 August 2026 – Namibia’s Tryagain Morning Ndevelo pictured with (from left) Sachin Sachin of India, Owain Harris-Allan of Wales, and Northern Ireland's Jude Gallagher during the medal award ceremony of the boxing 60kg category at the Commonwealth Games in Glasgow, Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

GOBABIS, 02 August 2026 - Charene Labuschagne was crowned Miss Namibia 2026 on Saturday, succeeding Johanna Swartbooi. (Photo: Molly Weyulu) NAMPA

NAMPA

GLASGOW, 31 July 2026 – Namibia’s Tryagain Morning Ndevelo celebrating his victory against Northern Ireland's Jude Gallagher during the semi-final of the men's 60kg at the Commonwealth Games in Glasgow, Scotland. (Photo: Hesron Kapanga) NAMPA

NAMPA

MARIENTAL, 31 July 2026 - Prime Minister Elijah Ngurare addresses delegates during a courtesy visit to the Hardap governor's Office on Friday. (Photo: Joe-Chintha Garises) NAMPA

NAMPA