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

Mining sector poised to boost employment

2025-09-17 20:17:52

NAPWU and NTB sign wage agreement

2025-09-17 19:40:57

Kavango East unemployment rate rises to 52 per cent: NSA

2025-09-16 19:05:09

Marine Resources Fund receives disclaimer audit opinion

2025-09-16 11:47:18

Public Procurement Amendment Bill soon to be tabled in Parliament

2025-09-15 19:36:47

CoW to pilot low-carbon public transport buses

2025-09-15 18:57:24

Ithete visits NAMDIA, urges confidence in national diamond firm

2025-09-15 18:30:51

Sikondo to receive drones as part of agriculture upgrade

2025-09-15 13:10:15

Government to auction 1500 vehicles

2025-09-11 12:21:53

Roads Authority certifies over 200 youth in road construction in Kunene

2025-09-10 18:27:00

Shafudah promises Agribank engagement on loan delays

2025-09-10 17:00:01

Latest NAMPA photos

ONDANGWA, 16 September 2025 - Thirty-two-year-old Tomas Sheya, who is accused of murdering his two children, was denied bail on Tuesday when he made his first court appearance in the Ondangwa Magistrate’s Court. (Photo by: Maria David) NAMPA

NAMPA

WALVIS BAY, 11 September 2025 - Winners of the Namport National School Debating Competition Erongo region who defeated Erongo i Region during the final round of the debate competition which is part of the Maritime week taking place at Walvis Bay. (Photo by: Isabel Bento) NAMPA

NAMPA

WALVIS BAY, 11 September 2025 - First runner ups of the Namport National School Debating Competition Erongo region who were defeated by winners Omusati Region. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 25 September 2024 - AR Movement leader Job Amupanda defended his party’s robust approach in Parliament (Photo: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 09 September 2025 - Clinical psychologist, Dr Joab Mudzanapabwe speaking during a discussion on enhancing mental health resilience in Windhoek. (Photo by: Edward Tenete) NAMPA

NAMPA

FRANCISTOWN, 09 September 2025 - Namibia’s international Deon Hotto in action at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their FIFA World Cup qualifier the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

NAMPA

FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile (R) celebrates a goal at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their FIFA World Cup qualifier. Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

NAMPA

FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile while in action at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their International Federation of Association Football (FIFA) World Cup qualifier Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

NAMPA