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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WINDHOEK, 09 September 2026 - Young Warriors head coach Lucky Shipanga (right) and team goalkeeper Micheni Kavendjii during the Under-20 national team announcement ahead of the Cosafa Under-20 Championship in Mozambique. (Photo: Hesron Kapanga) NAMPA

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WINDHOEK, 09 September 2026 - Young Warriors head coach Lucky Shipanga (right) and team goalkeeper Micheni Kavendjii during the Under-20 national team announcement ahead of the Confederation of Southern African Football Associations (COSAFA) Under-20 Championship in Mozambique. (Photo: Hesron Kapanga) NAMPA

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