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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SWAKOPMUND, 09 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

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