Repo rate reduced to boost economic growth

NAMPA

2024-12-04

WINDHOEK, 21 October 2020 - The Governor of the Bank of Namibia, Johannes !Gawaxab. (Photo by: Esca Kamanya) NAMPA

WINDHOEK, 04 DEC (NAMPA) - The Bank of Namibia (BoN) has reduced the repo rate by 25 basis points to 7.00 per cent to stimulate domestic economic activity.
The decision was made during the sixth and final Monetary Policy Committee (MPC) meeting of 2024, held on 02 to 03 December.
BoN Governor Johannes !Gawaxab announced the decision here on Wednesday, noting that domestic economic activity strengthened in the first 20 months of 2024 compared to t...

Restricted content

Namibia economic

Business

Kavango West communities left waiting as borehole contract dispute stalls water projects

2026-06-11 16:32:08

National Planning Commission unveils strategic roadmap to 2030

2026-06-11 15:04:14

SME Fund to boost growth of local businesses

2026-06-11 15:01:23

Aranos vehicle clearance office opens

2026-06-10 18:04:43

CORRECTION: Internal audit key to preventing governance failures: Mukasa

2026-06-10 16:34:39

Ngurare urges GIPF to invest in key sectors

2026-06-10 15:44:02

JSC re-advertising Prosecutor General vacancy

2026-06-10 14:07:37

Bank Windhoek strengthens SME support with digital banking push

2026-06-10 13:43:50

MTC to discontinue standalone free SMS service

2026-06-10 13:34:20

Lack of internal audit functions in local authorities weakening accountability: Nyandoro

2026-06-10 13:32:58

FNB scoops 2026 Africa’s best SME Bank award

2026-06-10 12:24:03

Latest NAMPA photos

WINDHOEK, 11 JUNE 2026 - Namibia has released its Impact Assessment Report on the African Continental Free Trade Area (AfCFTA) and the Accelerated Industrial Development for Africa (AIDA) in Windhoek on Thursday, an event commissioned by the Executive Director and Director General at the National Planning Commission, along with Jane Matsubara, JICA advisor; Mustafa Sakr, the Head, Trade and Market Unit at AUDA; and Akihiro Hoshino, Japan International Agency Resident Representative. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 11 JUN (NAMPA) The National Planning Commission has launched its Strategic Plan for 2025/26 – 2029/30. The commission's executive director, I-Ben Nashandi (centre), led the launch alongside key strategic stakeholders in Windhoek on Thursday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 11 JUN (NAMPA) The National Planning Commission has launched its Strategic Plan for 2025/26 – 2029/30. The commission's executive director, I-Ben Nashandi (second from left), led the launch alongside key strategic stakeholders in Windhoek on Thursday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 11 June 2026 - Former first lady, Monica Geingos. (Photo by: Molly Weyulu) NAMPA

NAMPA

WALVIS BAY, 10 June 2026 - Delegates attending the Association of Local Authorities in Namibia (ALAN) Elective Congress in Walvis Bay. The three-day congress will conclude with a the election of a new leadership to guide the association for the next term. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 10 June 2026 - Deputy Governor of the Bank of Namibia, Nicholas Mukasa. (Photo by: Molly Weyulu) NAMPA

NAMPA

MARIENTAL, 09 June 2026 - Mariental Residents Association chairperson Werner von Watzdorf. (Photo: Contributed)

NAMPA