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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economy Namibia

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2026-10-22 18:45:53

Latest NAMPA photos

WINDHOEK, 23 October 2026 - The Meat Corporation of Namibia (Meatco) will slaughter cattle from its own feedlots on 27 and 28 October, with all beef going to the domestic market. The two-day operation is conducted in accordance with Standard Operating Procedure Circular v8 of 2026 issued by the Directorate of Veterinary Services. (Photo: Contributed)

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OPUWO, 25 October 2026 - Veld fires in Etosha National Park have been contained, with firefighting teams remaining on standby. (Photo: Contributed)

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WINDHOEK, 24 October 2026 – Opposition leader McHenry Venaani addressing mourners at the memorial service of former First Lady Penehupifo Pohamba (Photo: Andreas Thomas) NAMPA

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WINDHOEK, 24 October 2026 - Former President Hifikepunye Pohamba sits with President Netumbo Nandi-Ndaitwah during the memorial service of former First Lady Penehupifo Pohamba. (Photo by: Andreas Thomas) NAMPA

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WINDHOEK, 24 October 2026 – Former Health Minister Dr Richard Kamwi addressing mourners at the memorial service of former First Lady Penehupifo Pohamba (Photo: Andreas Thomas) NAMPA

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WINDHOEK, 24 October 2024 – Ndapanda Pohamba flanked by four other siblings during the memorial service of their late mother, Penehupifo Pohamba (Photo: Andreas Thomas) NAMPA

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WINDHOEK, 24 October 2026 – Swapo Party Secretary General Sophia Shaningwa addresses mourners during the memorial service of former First Lady Penehupifo Pohamba (Photo: Andreas Thomas) NAMPA

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