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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Business

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WINDHOEK, 05 JUNE 2026 - President Netumbo Nandi-Ndaitwah pictured with Prime Minister Elijah Ngurare during the official inauguration of the Goreangab Mall. (Photo by: Molly Weyulu) NAMPA

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WINDHOEK, 05 JUNE 2026 - Prime Minister Elijah Ngurare and Chief Executive Officer of Bank Windhoek James Chapman at the official inauguration of Goreangab Mall. (Photo by: Molly Weyulu) NAMPA

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