BoN hikes repo rate by 25 basis points to 7%

NAMPA

2026-10-28

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, 28 OCT (NAMPA) – The Bank of Namibia (BoN) has raised the repo rate by 25 basis points to 7.00%, lifting the prime lending rate to 10.50% as inflation climbed to 5.4% in September from 4.4% in June.
The Monetary Policy Committee (MPC) took the decision unanimously at its fifth meeting of the year on 26 and 27 October 2026, BoN Governor Ebson Uanguta announced on Wednesday.
The central bank said the higher rate is “appropriate to safegua...

Restricted content

interest Bank committee economy inflation Namibia

Business

TransNamib dismisses Gonzo

2026-10-28 10:34:27

Namibia’s exports to China grow to N$22.7 billion

2026-10-27 16:54:34

Inaugural Trade Fair kicks off at Khorixas

2026-10-27 14:41:41

Namibian exporters urged to capitalise on China’s zero tariffs

2026-10-27 14:04:57

Nedbank supports STEAM centre

2026-10-27 09:23:42

Ngurare calls for investment to boost Rundu’s economy

2026-10-26 13:28:12

Minerals earn N$6.69 billion in August exports

2026-10-26 12:45:21

Fuel prices strain household budgets: Chamber of Mines

2026-10-26 09:08:50

Meatco to slaughter for two days for Namibian market

2026-10-26 08:29:36

ZVTC records harvest under AGRIVET programme

2026-10-24 11:44:21

President Nandi-Ndaitwah opens SWAiTEX

2026-10-23 16:33:33

Latest NAMPA photos

WINDHOEK, 28 October 2026 - National rail operator TransNamib has dismissed its Executive for Human Capital, Webster Gonzo, with immediate effect, following disciplinary proceedings in which he was found guilty of gross negligence and breaching the company’s code of conduct and ethics. (Photo: Contributed)

NAMPA

WINDHOEK, 27 October 2026 - Revonia Andreas, FNB Sponsorship & Social Impact Manager, pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 October 2026 - Namibia Football Association Vice-President Jakobus Markus pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 October 2026 - Namibia Football Association Vice-President Jakobus Markus pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 October 2026 - Petelina Frans FNB Communications Specialist pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 October 2026 - Petelina Frans FNB Communications Specialist pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 October 2026 - Minister of Education, Youth, Sport, Arts and Culture Dino Ballotti pictured during the official launch of the Women’s Super League in Windhoek. (Photo by: Hesron Kapanga) NAMPA

NAMPA