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...
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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 18 April 2026 - A Western Suburbs player (in green and white) takes on Grootfontein opponents (in blue and white) during their Round Two clash of the Namibia Rugby Union Premier League at Suburbs Park in Khomasdal. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 16 April 2026 - Lawyer Joas Neemwatya pictured with his clients outside the Windhoek High Court. (Photo by: Eba Kandovazu) NAMPA

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