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, 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

Latest NAMPA photos

SWAKOPMUND, 09 December 2025 - Erongo Governor Natalia |Goagoses, Erongo Police Commander Commissioner Nikolaus Kupembona and Swakopmund Mayor Suama Kautondokwa and other regional leaders intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 09 December 2025 - Erongo Governor Natalia |Goagoses, Erongo Police Commander Commissioner Nikolaus Kupembona and Swakopmund Mayor Suama Kautondokwa and other regional leaders intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND 09 December 2025 - Law enforcement officers intercepting a truck at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND 09 December 2025 - Law enforcement officers intercepting a truck at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND, 09 December 2025 - Law enforcement officers intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 09 December 2025 - Law enforcement officers intercepting vehicles at the Swakopmund roadblock as the regional road safety campaign kicks off. (Photo by: Isabel Bento) NAMPA

NAMPA
WINDHOEK, 09 December 2025 - Former Presisential spokesperson Alfredo Tjiurimo Hengari is amongst the seven heads of mission appointed by President Netumbo Nandi-Ndaitwah on Monday. He was appointed to Belgium. (Photo: Contributed)

WINDHOEK, 09 December 2025 - Former Presisential spokesperson Alfredo Tjiurimo Hengari is amongst the seven heads of mission appointed by President Netumbo Nandi-Ndaitwah on Monday. He was appointed to Belgium. (Photo: Contributed)

NAMPA
WINDHOEK, 09 December 2025 - President Netumbo Nandi-Ndaitwah on Monday appointed new heads of mission to several countries to serve and advance Namibia's interests. (Photo: Contributed) NAMPA

WINDHOEK, 09 December 2025 - President Netumbo Nandi-Ndaitwah on Monday appointed new heads of mission to several countries to serve and advance Namibia's interests. (Photo: Contributed) NAMPA

NAMPA
GOBABIS, 27 November 2025 - Chairperson of the Omaheke Regional Council, Rocco Nguvauva. (Photo: Zebaldt Ngaruka) NAMPA

GOBABIS, 27 November 2025 - Chairperson of the Omaheke Regional Council, Rocco Nguvauva. (Photo: Zebaldt Ngaruka) NAMPA

NAMPA
WINDHOEK, 08 December 2025 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp (C) pictured during a media conference of the announcement of subsidised tertiary education funding model. (Photo by: Mathilde Kudumo) NAMPA

WINDHOEK, 08 December 2025 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp (C) pictured during a media conference of the announcement of subsidised tertiary education funding model. (Photo by: Mathilde Kudumo) NAMPA

NAMPA
WINDHOEK, 02 December 2025 - The newly established Presidential Task Force on Economic Recovery was urged to deliver tangible results and work in cohesion. (Photo: Contributed)

WINDHOEK, 02 December 2025 - The newly established Presidential Task Force on Economic Recovery was urged to deliver tangible results and work in cohesion. (Photo: Contributed)

NAMPA