BoN welcomes SA’s lower inflation target

NAMPA

2025-11-18

WINDHOEK, 08 June 2018 - Bank of Namibia’s Deputy Director for Corporate Communications, Kazembire Zemburuka. (Photo: Contributed) NAMPA

WINDHOEK, 18 NOV (NAMPA) – The Bank of Namibia (BoN) has welcomed South Africa’s decision to lower its inflation target to three per cent, saying it is expected to support reduced inflation and interest rates in Namibia over the medium to long term.
In a statement issued on Monday by BoN’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, the bank said the adjustment, announced on 12 November 2025, narrows Sou...

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