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

Safety and Security receives second-largest budget allocation

2026-02-27 09:35:31

Administration sector receives 7 per cent of budget

2026-02-26 18:31:02

Excise duties on alcohol, tobacco rise under SACU

2026-02-26 18:29:16

Social sector receives largest portion of FY2026/27 budget

2026-02-26 18:28:38

Tax policy reforms target growth, compliance

2026-02-26 18:23:29

Shafudah tables budget focusing on State efficiency, performance reform

2026-02-26 17:43:14

Namibia’s economic growth to recover to 3.1 per cent

2026-02-26 17:24:07

Nandi-Ndaitwah reaffirms strategic diamond partnership with De Beers

2026-02-26 16:44:38

Govt records development gains despite fiscal pressure: Shafudah

2026-02-26 16:38:25

Capricorn Group profit hits N.dollars 920 million

2026-02-26 13:06:00

Bank Windhoek appoints Indongo as new sector team lead

2026-02-25 14:11:15

Latest NAMPA photos

Windhoek, 26 February - Commissioner of the Namibia Revenue Agency, Sam Shivute at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Prime Minister Elijah Ngurare at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Minister of Education, Innovation, Sports, Arts and Culture, Sanet Steenkamp. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- President of the Popular Democratic Movement, McHenry Venaani. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Minister of Information, Communication and Technology. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Minister of Information, Communication and Technology, Emma Theofelus. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Minister of Finance, Ericah Shafuda at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

NAMPA

Windhoek, 26 February- Minister of Finance, Ericah Shafudaat the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

NAMPA