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, 11 September 2026 - National Planning Commission Director General Ambassador Kaire Mbuende, Erongo Governor Natalia /Goagoses, Chief Regional Officer Sam Ntelamo and other regional leaders among beneficiaries at the Erongo Governor’s Fish Consumption Promotion Project in Swakopmund. (Photo contributed)

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WINDHOEK, 14 September 2026 - Petrol and diesel price rises pushed Windhoek's inflation to 5.9% in August 2026, above the national rate of 5.0%, Namibia Statistics Agency (NSA) said recently. (Photo: Contributed)

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WINDHOEK, 13 September 2026 - Liberation struggle veteran, former Robben Island prisoner, and lifelong workers' rights advocate Helao Joseph Shityuwete was laid to rest at the Gammams Cemetery in Pionierspark, Windhoek, on Sunday following a state funeral. (Photo by: Uakutura Kambaekua) NAMPA

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WINDHOEK, 12 September 2026 - Vipers and Keetmanshoop Rams Rugby Clubs players (in blue/dark blue and white, blue and red) while in action during the second semifinals of the Namibia Rugby Union (NRU) First Division championship trophy at the Hage Geingob Stadium. Oranjemund won the match 26-19 to qualify for the final against Vipers. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 12 September 2026 - Oceans and Oranjemund Rugby Clubs players (in blue/black and orange and red) while in action during the second semifinals of the Namibia Rugby Union (NRU) First Division championship trophy at the Hage Geingob Stadium. Oranjemund won the match 26-19 to qualify for the final against Vipers. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 12 September 2026 - Oceans Rugby Clubs players while in action during the second semifinals of the Namibia Rugby Union (NRU) First Division championship trophy at the Hage Geingob Stadium. Oranjemund won the match 26-19 to qualify for the final against Vipers. (Photo by: Hesron Kapanga) NAMPA

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