Bank of Namibia will announce its decision on the repo rate today

The Bank of Namibia will announce its decision on the repo rate today. The central bank’s Monetary Policy Committee decided to continue safeguarding the peg between the Namibian Dollar and the South African Rand while supporting the domestic economy and keeping the Repo rate unchanged at 7.75 percent in October. Managing Director of High Economic Intelligence, Salomo Hei explains his expectations.

Written by: Leonard Witbeen

Bank of Namibia FUTURE MEDIA NAMIBIA FUTURE MEDIA NEWS Repo Rate Salomo Hei

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Gondwana Collection Namibia Opens State-of-the-Art Facility at Hosea Kutako Airport

November 22, 2024 3

Business / Economics

Expert Highlights Namibia-China Partnership for Economic Growth

Josef K. Sheehama, nominated by the China Embassy in Namibia, attended a seminar on Chinese Modernization and African Development in Anhui, China. He business expert Namibia’s potential for food security and discussed the growing China-Namibia partnership in renewable energy and digital connectivity.

November 22, 2024 3