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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UUKWANDONGO, 22 August 2026 — Omukwaniilwa (King) Johannes Mupiya of the Ongandjera Traditional Authority has officially handed over more than 60 hectares of fertile land to the state to bolster agricultural production and national food security. Prime Minister Dr. Elijah Ngurare accepted the land grant on behalf of the government during a ceremony on Saturday. (Photo: Contributed) NAMPA.

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EPUKIRO, 22 August 2026 - Epukiro Constituency Councillor, Pineal 'Packy' Pakarae. (Photo: Zebaldt Ngaruka) NAMPA

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HELAO NAFIDI, 22 August 2026 - President Netumbo Nandi-Ndaitwah speaking at the opening of the Helao Nafidi Sports Centre. (Photo: Ali Negumbo) NAMPA

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HELAO NAFIDI, 22 August 2026 - The sports field of the new Helao Nafidi Sports Centre. (Photo: Ali Negumbo) NAMPA

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HELAO NAFIDI, 22 August 2026 - The sports field of the new Helao Nafidi Sports Centre. (Photo: Ali Negumbo) NAMPA

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HELAO NAFIDI, 22 August 2026 - The sports field of the new Helao Nafidi Sports Centre. (Photo: Ali Negumbo) NAMPA

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HELAO NAFIDI, 22 August 2026 - The pavilion at the sports field of the new Helao Nafidi Sports Centre. (Photo: Ali Negumbo) NAMPA

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EPUKIRO, 22 August 2026 - Agricultural sector key in achieving NDP6 (Photo: Zebaldt Ngaruka) NAMPA

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