Repo rate increases by 6.75 per cent

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2026-06-17

WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 17 JUN (NAMPA) - The Bank of Namibia (BoN) has raised the repo rate by 25 basis points to 6.75 per cent, lifting the prime lending rate to 10.25 per cent.
This was announced on Wednesday by BoN Governor Ebson Uanguta, who said the decision follows the Monetary Policy Committee's (MPC) third bi-monthly meeting on 15 and 16 June.
Uanguta said the move was necessary to contain inflation risks, support international reserves and maintain ex...

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