insert_link Namibia 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. todayDecember 6, 2023 12
insert_link Business / Economics Thought Leadership: Plan your bonus to last the long run By Samuel Linyondi, Bank Windhoek’s Strategic Communication Manager In October, the Bank of Namibia (BoN) left the repo unchanged at 7.75%, the highest in the past 14 years. If a repo rate increases, borrowing becomes more expensive, and product and service prices increase for consumers. The repo rate is one of the monetary tools to either control inflation or stimulate demand. Conversely, inflation is the rate of price increase over […] todayNovember 23, 2023 9
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
