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

Bank Windhoek Red Run returns with N.dollars 70 000 prize pool

2026-05-21 17:34:25

Walvis Bay Airport acquires ARFF to boost emergency response

2026-05-21 12:25:51

Namibia and Angola to strengthen cooperation in official statistics

2026-05-21 10:52:22

OL drops founding family name in identity reset

2026-05-21 09:14:51

President tours Fabupharm factory at Otjiwarongo

2026-05-20 19:20:31

KERFU welcomes Kativa’s appointment as Meatco NCA CEO

2026-05-20 17:23:19

Kavango West school furniture repair project faces material challenge

2026-05-20 16:14:03

Migration Bill aims to balance security and fairness: Iipumbu

2026-05-20 15:54:50

New land reform commission tasked to accelerate equitable land distribution

2026-05-20 15:01:40

Theofelus tours Dinapama factory

2026-05-20 13:34:01

Uanguta warns of risks to economic outlook

2026-05-20 09:32:56

Latest NAMPA photos

WINDHOEK, 20 May 2026 - Prime Minister Elijah Ngurare and Minister of Environment, Forestry and Tourism Indileni Daniel pictured with delegates at the signing of the N.dollars 1 billion conservation fund. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 21 May 2026 - The newly purchased Rosenbauer Aircraft Rescue and Firefighting (ARFF) vehicle for the Walvis Bay International Airport. (Photo: Contributed)

NAMPA

OSHAKATI, 20 May 2026 - The graduating cadet constables pictured during the street procession at Oshakati ahead of their graduation on Friday. (Photo: Contributed)

NAMPA

OSHAKATI, 20 May 2026 - The Acting Inspector General of the Namibian Police Force, Major General Anne-Marie Nainda pictured during the street procession in Oshakati ahead of the Police Basic Training Graduation Ceremony scheduled for Friday. (Photo: Contributed)

NAMPA

WINDHOEK, 20 May 2026 - Sven Thieme, Executive Chairperson of OL. (Photo: Contributed)

NAMPA

WINDHOEK, 20 MAY 2026 - Professor Haihambo Ya-Otto from the University of Namibia was a key attendee at the graduation ceremony for the Tentative Certificate in Basic Pre-Vocational Skills, held in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 20 MAY 2026 - Helena Angula graduated with a certificate in Food Preparation in Windhoek on Wednesday, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 20 MAY 2026 - Otja Uandara graduated with a certificate in Early Childhood Development from Eros Girls’ School in Windhoek, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA