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

Government ambitious about modern electricity services by 2040: Amutse

2026-10-12 08:29:59

Allocation of plots at Otjiwarongo’s new extensions officially starts

2026-10-11 14:30:13

Kunene mining summit concludes with call for action

2026-10-10 10:56:01

Shafudah vows review of NamRA’s tax debt recovery methods

2026-10-09 22:39:20

Mining dominates Namibia’s export earnings in August

2026-10-09 16:31:11

Court dismisses bid to stop construction of Namibia-SA cordon fence

2026-10-09 09:57:21

Thirty-seven companies bid for UNAM landscaping tender

2026-10-09 09:36:00

Cabinet directs MICT to standardise online service reporting

2026-10-08 20:04:12

NIPDB urges Zimbabwean firms to deepen trade and investment ties

2026-10-08 17:19:31

Namibia’s trade deficit narrows to N$3.9 billion in August

2026-10-08 14:14:21

Bank Windhoek records 900% growth in mobile app users

2026-10-08 10:07:28

Latest NAMPA photos

WINDHOEK, 03 June 2025 - Road rehabilitation works are ongoing in Eveline Street in Windhoek. (Photo by: Molly Weyulu) NAMPA

NAMPA

SWAKOPMUND, 12 October 2026 - Trucks transporting specialised equipment for the 2026 Integrated Field Exercise (IFE26) of the Comprehensive Nuclear-Test-Ban Treaty Organisation (CTBTO) arrive in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 11 October 2026 - Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani (left) pictured with ||Kharas Region Governor Dawid Gertze (middle) during her visit to the Karasburg veterinary district (Photo: Contributed)

NAMPA

Windhoek, 12 October 2026 - Over 100 officials from various local authorities have gathered at the Namibia Institute of Public Administration and Management (NIPAM) in Windhoek for a capacity-building workshop on International Public Sector Accounting Standards (IPSAS). (Photo by: Uakutura Kambaekua) NAMPA

NAMPA

B1 ROAD, 11 October 2026 - The seven-seater which overturned and rolled three times after an alleged tyre burst Sunday afternoon along the Otjiwarongo-Okahandja B1 road. Seven occupants including its 37-year-old driver survived the accident with slight to serious injuries and were taken to the Okahandja State Hospital for medical attention. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

B1 ROAD, 11 October 2026 - The seven seater which overturned and rolled three times after an alleged tyre burst Sunday afternoon along the Otjiwarongo-Okahandja B1 road. Seven occupants including its 37-year-old driver survived the accident with slight to serious injuries and were taken to the Okahandja State Hospital for medical attention. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA