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...

Restricted content

economy Namibia

Business

NBL commits N$13 million to Swakop water project

2026-10-29 16:21:11

Agribank donates N$100 000 to FMD Support Fund

2026-10-29 14:38:21

Agribank announces case-by-case support for clients affected by FMD

2026-10-29 12:40:33

Mbundu proposes N$10 million relief fund for kapana vendors hit by FMD

2026-10-29 11:34:55

Namibians should use import reports to find gaps in the market: Haikali

2026-10-29 10:08:08

Annual year-end double payments to social grant beneficiaries discontinued

2026-10-28 18:12:58

Masake inaugurates NFCPT board

2026-10-28 16:38:58

Sankwasa concerned about Nored's governance and management

2026-10-28 16:33:20

BoN hikes repo rate by 25 basis points to 7%

2026-10-28 13:05:07

TransNamib dismisses Gonzo

2026-10-28 10:34:27

Namibia’s exports to China grow to N$22.7 billion

2026-10-27 16:54:34

Latest NAMPA photos

WINDHOEK, 01 July 2026 - The Chief Executive Officer (CEO) of the Agricultural Bank of Namibia (Agribank), Dr Robert Eiman. (Photo: Contributed) NAMPA

NAMPA

SWAKOPMUND, 28 October 2026 - Comprehensive Nuclear-Test-Ban Treaty Organisation (CTBTO) Namibian Surrogate Inspectors Samuel Nengola and Feruschka Himarua explaining what happens at the base of Operations, where each participating country’s surrogate inspector is stationed during the exercise. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 28 October 2026 - Comprehensive Nuclear-Test-Ban Treaty Organisation (CTBTO) field experts photographed during a field exercise trip outside Arandis. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 28 October 2026 - Comprehensive Nuclear0-Test-Ban Treaty Organisation (CTBTO) Executive Secretary Robert Floyd photographed with another official during a field exercise trip outside Arandis. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 28 October 2026 - CTBTO Scientists and experts arriving back to the base of operations in Swakopmund after a field exercise scenarios on nuclear detection outside of Arandis. (Photo by: Isabel Bento) NAMPA

NAMPA

KATIMA MULILO, 17 October 2026 - The Zambezi football fraternity is mourning the passing of promising young Bush Bucks FC player Henry Bupilo "Sane" Mwezi. The 18-year-old Mwezi passed away in Windhoek on Tuesday after a short illness. (Photo: Contributed)

NAMPA

WINDHOEK, 29 October 2026 - Businessman Ranga Haikali says Namibians can find business opportunities by reading import and export reports and building products the country currently buys from abroad. (Photo: Contributed)

NAMPA