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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OKAKARARA, 03 September 2026 - The livestock parade section at the 18th edition of the Okakarara Annual Trade Fair which started Monday at the town and where business activities of local exhibitors, corporate entities and government ministries were going strong. (Photo by: Mulisa Simiyasa) NAMPA

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KATIMA MULILO, 03 September 2026 - Secretary General for the Namibia Public Security and Allied Workers Union (NAPUSAWU), Alex Taimo. (Photo: Michael Mutonga Liswaniso) NAMPA

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KATIMA MULILO, 03 September 2026 - Some of the Katima Mulilo Security Services employees whom Nampa found at the NAPUSAWU offices here enquiring about their remuneration. (Photo: Michael Mutonga Liswaniso) NAMPA

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OKAKARARA, 03 September 2026 - The 18th edition of the Okakarara Annual Trade Fair which started Monday morning at the town and where business activities of the local exhibitors, corporates and government ministries are still going strong. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 02 September 2026 - General Manager responsible for Legal, Policy and Enforcement at the Financial Intelligence Centre (FIC), Zenobia Barry. (Photo: Contributed) NAMPA

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