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

One Economy Foundation reduces workforce following funding reduction

2026-07-04 15:42:29

NIPDB appoints Muetudhana acting CEO

2026-06-30 21:06:17

Meatco hands over Katima abattoir operations to ZAMCO

2026-06-30 17:01:55

CORRECTION: Perny appointed Acting Telecom Namibia CEO

2026-06-30 16:05:57

Kunene eyes mining as catalyst for economic growth

2026-06-30 15:48:25

Nammilk named Namibia's most admired non-alcoholic beverage brand

2026-06-30 12:53:45

Perny appointed Acting Telecom Namibia CEO

2026-06-30 12:10:13

Eenhana Expo vital for youth entrepreneurship: Amutse

2026-06-29 15:16:56

SACU approves R5 billion regional fund

2026-06-29 11:27:44

Omuthiya business expo receives financial boost

2026-06-28 16:31:41

Meatco given bronze at blood donation awards

2026-06-27 11:05:33

Latest NAMPA photos

OSHAKATI, 04 July 2026 - Oshana Region Director of Education, Pauline Shapumba. (Photo: Contributed)

NAMPA

BUKALO, 03 July 2026 - The Ministry of Justice has donated a vehicle to the Masubia Traditional Authority to strengthen access to justice at the local level. Senior Traditional Advisor and Chief Spokesperson of the Masubia Traditional Authority, Ngambela Raphael Mbala, says the vehicle will allow the traditional authority to enforce customary law and resolve local disputes quickly. (Photo: Michael Mutonga Liswaniso) NAMPA

NAMPA

RUNDU, 04 July 2026- Rundu Water Plant in Rundu, Kavango West region. (Photo: Contributed)

NAMPA

REHOBOTH, 03 July 2026 - The Road Fund Administration (RFA) has donated 500 blankets worth N.dollars 200 000 to the Hardap Region. (Photo by: Joe-Chintha Garises) NAMPA

NAMPA

KATIMA MULILO, 03 July 2026 - The Namibia Fish Consumption Promotion Trust (NFCPT) on Friday donated a combined 880 chairs and desks valued at N.dollars 340 636 to the Zambezi Education Directorate. (Photo: Michael Mutonga Liswaniso) NAMPA

NAMPA

EENHANA, 03 July 2026 - Ohangwena Governor Kadiva Hamutumwa delivering her State of the Region Address. (Photo: Andreas Thomas) NAMPA

NAMPA

EENHANA, 03 July 2026 - Ohangwena Governor Kadiva Hamutumwa delivering her State of the Region Address. (Photo: Andreas Thomas) NAMPA

NAMPA