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

Business / Economics

The Bank of Namibia reduces the repo rate

todayDecember 4, 2024 15

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Consumers can expect some relief as the Bank of Namibia has lowered the repo rate by 25 basis points, bringing it down to 7%. This marks the central bank’s final rate decision for the year. Here is BoN Governor Johannes !Gawaxab speaking at today’s monetary policy announcement.

 

 

Cirrus Capital economist, Robert McGregor reacts to the development.

 

Written by: Tonata Kadhila

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