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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/KHOICHAS, 14 August 2026 - Namibia’s independence was a collective victory. The southern regions of Hardap and ||Karas were central to the struggle, anchored by local churches that risked everything to shelter PLAN fighters and educate the future leaders of our nation. (Photo by: Uakutura Kambaekua) NAMPA.

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HOACHANAS, 12 August 2026 - Historian and liberation struggle icon Markus Kooper, in collaboration with the Hoachanas community, has established a community library to preserve the history of the southern region, including the Red Clan history and past freedom struggle events. (Photo by: Uakutura Kambaekua) NAMPA.

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GIBEON, 13 August 2026 - The African Methodist Episcopal Private Community School (AMEPS) in Gibeon was a significant community-operated institution founded by the AME Church and local leaders, including Hendrik Witbooi, during the fight for freedom. It ceased operations and was integrated into the state school system in 2007. (Photo by: Uakutura Kambaekua) NAMPA.

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/KHOICHAS, 14 August 2026 - Jacqueline Juliana Rukamba, a former principal at Khoichas Primary School in the Karas region, significantly contributed to Namibia's independence, particularly in education, during the 1970s and 1980s. (Photo by: Uakutura Kambaekua) NAMPA.

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GIBEON, 13 August 2026 – The African Methodist Episcopal Private Community School (AMEPS) in Gibeon was a significant community-operated institution founded by the AME Church and local leaders, including Hendrik Witbooi, during the fight for freedom. It ceased operations and was integrated into the state school system in 2007. (Photo by: Uakutura Kambaekua) NAMPA.

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GIBEON, 13 August 2026 – Gaob Salomon Josephat Witbooi, former Namibian ambassador to Zambia, reflected on the southern region's contribution to Namibia's struggle for independence during a discussion with Nampa's team. (Photo by: Uakutura Kambaekua) NAMPA.

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WINDHOEK, 15 August 2026 - South Africa’s Kelsey Jade van Schoor (in green) during the 2026 Pupkewitz Megabuild Tour de Windhoek. She was crowned the overall champion of the 2026 women’s category. (Photo by: Hesron Kapanga) NAMPA

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