play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • play_arrow

    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate

todayOctober 16, 2024 6

Background
share close

Eric Van Zyl, Managing Director Designate of IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate during the upcoming Bank of Namibia Monetary Policy Committee meeting. According to The Brief, he cites several economic factors supporting this easing, including declining inflation trends and high real interest rates. He also emphasized that Namibia’s uneven economic growth suggests a more accommodative monetary stance could stimulate broader economic activity.

Written by: Leonard Witbeen

Rate it

0%